Who is FirstCry CEO Supam Maheshwari, who sold ₹300 crore worth shares?
Ahead of the FirstCry IPO filing, CEO Supam Maheshwari has offloaded shares worth ₹300 crore, according to the DRHP.
Source: hindustantimes.com
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Firstcry IPO: Issue details, objectives, and more - 10 key things to know from DRHP
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.
Source: livemint.com
FirstCry parent Brainbees files IPO papers with SEBI; M&M to sell 28 lakh shares
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).
Source: moneycontrol.com
firstcry ipo: Ratan Tata to sell all his 77,900 shares in FirstCry IPO
The average cost of acquisition of shares by Tata comes to Rs 84.72 per share, shows FirstCry's 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.
Source: indiatimes.com