FirstCry's Parent Brainbees Files IPO Papers With SEBI
The IPO comprises a fresh issue of equity shares aggregating up to ₹18,160 million and an OFS of up to 54,391,592 equity shares by selling shareholders
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The IPO comprises a fresh issue of equity shares aggregating up to ₹18,160 million and an OFS of up to 54,391,592 equity shares by selling shareholders
Ratan Tata to sell all 77,900 shares in FirstCry at an average cost of ₹84.72 per share
Besides, it plans investment in its subsidiary, FirstCry Trading, for overseas expansion; investment in its subsidiary, Globalbees Brands, towards the acquisition of additional stakes in its indirect subsidiaries; and sales and marketing initiatives. Get more Markets News and Business News on Zee Business.
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.
Branbee Solutions, also knows as FirstCry has filed DRHP with market regulator for its Rs 18.16 million IPO , , stock market, nifty, sensex, national stock exchange, retail investors, Intraday, IPO launch, First Cry, Brainbee Solutions