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FirstCry Sets IPO Price Band At INR 440-465, Aims To Raise INR 4,193 Cr


SUMMARY

FirstCry has fixed a price band of INR 440-465 per equity share for its upcoming IPO

The FirstCry IPO will open for subscription on August 6 and conclude on August 8

The Pune-based startup is expected to raise INR 4,193 Cr at the upper price band via its IPO

Omnichannel kidswear brand FirstCry has fixed a price band of INR 440-465 per equity share for its upcoming initial public offering (IPO), which will open for subscription on August 6.

The Pune-based startup is expected to raise INR 4,193 Cr at the upper price band via its IPO. The IPO bidding will conclude on August 8.

FirstCry’s public offer comprises a fresh issue of shares worth up to INR 1,666 Cr and an offer-for-sale (OFS) component of up to 5.4 Cr equity shares worth up to INR 2,527 Cr.

The firm is expected to list on exchanges on August 13.

Investors can bid for a minimum of 32 equity shares and in multiples thereof.

(The story will be updated soon)





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