-
FirstCry’s parent company, BrainBees Solutions Ltd, files red herring prospectus with SEBI.
-
IPO price band to be announced on August 1.
-
Public subscription to open from August 6 to August 8.
FirstCry, a leading e-commerce company, has taken a step closer to its initial public offering (IPO) by filing its red herring prospectus (RHP) with the Securities and Exchange Board of India (SEBI). The company will launch its anchor book on August 5, followed by the public subscription opening on August 6 and closing on August 8.
The price band for the IPO will be announced on August 1, giving investors a clear idea of the valuation of the company. This move is a significant step for FirstCry, which has been growing rapidly in the e-commerce space.
