Firstcry Ipo News Today

Firstcry Ipo: FirstCrys CEO Maheshwari saw a 49% compensation drop. The company plans an IPO, approaching SEBI. Employee benefits decreased, with a Rs 23,000 crore valuation and an expected IPO of $3.5-3.75 billion.

The second and third highest paid key managerial personnel in FirstCry are Chief of Staff Sanket Hattimatur and Group CFO Gautam Sharma

FirstCry has refiled its DRHP for an Initial Public Offer (IPO) with the Securities and Exchange Board of India (SEBI), to raise Rs 1,816 crore via fresh issue of shares.

TECH NEWS : FirstCry's CEO Maheshwari saw a 49% compensation drop. The company plans an IPO, approaching SEBI. Employee benefits decreased, with a Rs 23,000 crore

The online retailer re-submitted the DRHP after Sebi sought additional details on KPIs and December financials

FirstCry has refiled its draft IPO papers with market regulator Sebi with updated financials. More on this in todays ETtech Top 5.

Firstcry IPO: FirstCry is set to withdraw its papers for an up to $500 million IPO as early as next week, after Indias markets regulator raised questions over key metrics it disclosed to investors.

Happy Friday! Omnichannel retailer FirstCry will refile its IPO papers following queries from Sebi. This came right on the back of Swiggys $1.25 billion proposed IPO receiving shareholder nod. This and more in todays ETtech Morning Dispatch.

FirstCry parent BrainBees filed papers with Indias Securities and Exchange Board of India last December for an IPO that would have been one of the countrys biggest this year.

FirstCry, backed by SoftBank, TPG and Indias Mahindra and Mahindra sells baby products, including clothes, diapers and toys, seeking to tap the market for new parents in the worlds most populous country.