FirstCry IPO to open on August 6 to raise Rs 1,666 crore

FirstCry IPO to open on August 6 to raise Rs 1,666 crore

The initial public offering (IPO) of Brainbees Solution, which operates omnichannel businesses of kidswear under the brand name FirstCry, will open on August 6. The IPO includes a fresh issue of Rs 1,666 crore and an offer for sale (OFS) of up to 5.4 crore shares by existing shareholders like M&M and SoftBank. Anchor investor … Read more

firstcry ipo: Ratan Tata to sell all his 77,900 shares in FirstCry IPO

firstcry ipo: Ratan Tata to sell all his 77,900 shares in FirstCry IPO

NEW DELHI: Tata Sons Chairman emeritus Ratan Tata, who turned 86 today, will sell 77,900 shares of childcare products startup FirstCry in its upcoming IPO in 2024. The business tycoon had picked up a 0.02% stake for Rs 66 lakh in Brainbees Solution, which operates under the brand name FirstCry, in 2016. The average cost … Read more