RPSG Ventures Limited has entered the luxury couture market by acquiring a 40 per cent stake in FSP Design Private Limited, a brand established by designers Falguni Shane Peacock and Shane Jude Peacock.
RPSG Ventures is entering the luxury couture market with a 40 per cent stake in FSP Design Private Limited, valued at ₹455.17 crore (~$51.39 million).
The investment, paid in cash, follows signed agreements and will be completed within 24 hours.
The firm may acquire an additional 10 per cent within 18–24 months.
The deal broadens RPSG’s luxury portfolio.
The company’s board approved the move at its meeting on November 18, 2025, with the transaction structured at an enterprise value of ₹455.17 crore (~$51.39 million), subject to closing price and true-up adjustments as per the share subscription and purchase agreement (SSPA).
The investment will be made entirely in cash, and the transaction documents, including the shareholders’ agreement (SHA), were executed on November 18. Within 24 hours of execution, RPSG Ventures will complete the acquisition of the initial 40 per cent equity in FSP Design, the company said in a BSE listing.
The company will also retain the right to acquire an additional 10 per cent stake within 18 to 24 months from completion of the first tranche, as stipulated in the agreements.
With this investment, RPSG Ventures expands its portfolio into the luxury segment, marking a significant strategic milestone. The company stated that the deal aligns with its broader vision to build a diverse portfolio in the luxury fashion and lifestyle space.
Fibre2Fashion News Desk (HU)