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January 8, 2024
According to the DRHP, Maheshwari held about 7.46% stake as a promoter 10 days before the company filed its IPO prospectus with Sebi. As on the date of filing the IPO papers, the stake was reduced to 5.95%, meaning there was a sale of 62 lakh shares.
January 8, 2024
Maheswhari offloaded over 6 million shares in FirstCry in the 10 days prior to filing DRHP and a total of 9 million shares in the preceding six months
December 28, 2023
The Firstcry IPO comprises of issuance of fresh equity shares worth ₹1,816 crore as well as an offer for sale by existing shareholders and promoters. It has not announced the opening and closing dates for the IPO subscription yet in its DRHP or its price band.
December 28, 2023
Firstcry offers more than one million SKUs from over 6,800 brands, including prominent third-party Indian brands, global brands, and their own home brands as at June 30, 2023.
December 28, 2023
Firstcry has filed for an initial public offering (IPO) on Thursday, its draft papers showed.
December 28, 2023
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.
December 28, 2023
FirstCry will raise Rs 1,816 crore through a primary issue while existing investors like M&M, SoftBank and others will sell a total of 5.44 crore shares via an Offer for Sale (OFS).
December 19, 2023
While FirstCry is likely to list only after the general election in 2024, Ola Electrics management has already begun roadshows with domestic and international investors