FirstCry submits IPO documents to raise Rs 1,816 crore; SoftBank, M&M, Ratan Tata to offload shares

Thursday, 28 December 2023
Brainbees Solutions, the company behind FirstCry, has submitted the necessary documents to SEBI to initiate its IPO. The IPO includes a new share issue valued at up to Rs 1,816 crore and an offer for sale segment involving the sale of up to 54.4 million shares by existing investors.

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FirstCry parent files IPO papers; to raise Rs 1,816 crore via sale of new shares

Brainbees Solutions, the parent company of FirstCry, has filed draft IPO papers with SEBI for an IPO comprising fresh shares and an offer for sale by existing...
IndiaTimes on December 28, 2023

FirstCry submits IPO documents to raise Rs 1,816 crore; SoftBank, M&M, Ratan Tata to offload shares

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FirstCry parent files IPO papers; to raise Rs 1,816 crore via sale of new shares