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January 8, 2024
Ahead of the FirstCry IPO filing, CEO Supam Maheshwari has offloaded shares worth ₹300 crore, according to the DRHP.
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 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 28, 2023
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.