NEW DELHI: Brainbees Solutions, the parent company of omni-channel retailer FirstCry has filed draft initial public offering (IPO) papers with market regulator Securities and Exchange Board of India (SEBI) on Thursday. The IPO comprises an issue of fresh shares worth Rs 1,816 crore and an offer for sale (OFS) of 5.4 crore shares by existing … Read more
FirstCry IPO: Brainbees Solutions, which operates the children’s wear brand FirstCry, has officially initiated the process for its Initial Public Offering (IPO) by submitting the necessary documents to the Securities and Exchange Board of India (SEBI).According to ET, the IPO, whose size is currently undisclosed, comprises a new share issue valued at up to Rs … Read more
NEW DELHI: Brainbees Solution, which operates omnichannel businesses of kidswear under the brand name FirstCry, has filed papers for its initial public offering (IPO) with markets regulator Sebi. While the size of the IPO is not yet known, it includes a fresh issue of shares worth up to Rs 1,816 crore. The offer for sale … Read more
Sachin Tendulkar, Infosys cofounder Kris Gopalakrishnan are among those who have invested in FirstCry ahead of its Initial Public Offering (IPO). SoftBank Vision Fund, the largest shareholder in FirstCry, an omnichannel retailer preparing for its IPO, has sold additional shares in the company.This move opens up opportunities for more family offices and individuals to invest … Read more
After last year’s postponement, omnichannel retailer FirstCry is looking to file its draft IPO papers in the next few days, said people with knowledge of the matter. It is aiming to raise $500-600 million. While valuation has not been finalised yet, it may be pegged at around $4 billion during the initial public offering (IPO), … Read more
Parag Shah, who was at the helm of Mahindra & Mahindra’s $1 billion venture capital (VC) arm Mahindra Partners, has stepped down from his role after spending two decades with the group amidst a shift in focus at the Anand Mahindra-led group that has prioritised consolidation of existing businesses and will go slow on investments … Read more