RPSG ventures into luxury couture with FSP design acquisition

RPSG Ventures Limited announced its board's approval for the acquisition of a 40% stake in FSP Design Private Limited, an unlisted private company incorporated on March 26, 2019. The acquisition will occur at an enterprise value of INR 455.17 crores, payable in cash and subject to post-closing price adjustments. This strategic investment marks RPSG Ventures' entry into the luxury couture segment, aligning with its vision to diversify its portfolio in luxury fashion and lifestyle.

FSP Design Private Limited designs, manufactures, markets, and distributes apparel and accessories under the "Falguni Shane Peacock" brand, sold through various retail outlets and online channels. The transaction documents were executed on November 18, 2025, with the acquisition of the 40% share capital expected within 24 hours.

RPSG Ventures also retains the right to acquire an additional 10% of FSP Design's total issued and paid-up share capital within 18 to 24 months from the completion of the proposed transaction. FSP Design reported total revenues from operations of INR 91.75 crores for the financial year 2024-25.