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

[ad_1] 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…

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FirstCry parent Brainbees Solutions submits IPO documents to raise Rs 1,816 crore; SoftBank, M&M, Ratan Tata to offload shares – Times of India

[ad_1] 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…

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