Brainbees Solution News Today

FirstCry IPO: Firstcrys parent Brainbees Solutions will sell shares worth Rs 18.16 billion ($218 million) and existing investors, including SoftBank, will sell up to 54.4 million shares.

The average cost of acquisition of shares by Tata comes to Rs 84.72 per share, shows FirstCrys draft red herring prospectus (DRHP) filed with the market regulator Securities and Exchange Board of India (Sebi). His total investment in the company, therefore, comes to about Rs 66 lakh.

Even as some of the top-tier startups are delaying their initial public offering (IPO) plans amid a wider...