• Source:JND
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FirstCry IPO GMP:  The Rs 4,193.73 crore Initial Public Offering of Brainbees Solutions Ltd, the parent company of e-commerce site FirstCry, has been open for subscription until August 6. The FirstCry IPO will remain open until August 8. The IPO has been one of the most awaited as investors have been waiting for it for almost years.

Firstcry IPO price range

Brainbees Solutions Ltd has fixed the FirstCry IPO price range at Rs 440 to Rs 465 per equity share and has proposed to list it on the mainboard of IPO BSE and NSE. The company aims to raise Rs 4,193.73 crore from the FirstCry IPO launch, of which Rs 1,666 crore is through the issue of new shares.

FirstCry IPO GMP

Meanwhile, FirstCry shares are available in the grey market. According to stock market observers, the share price of Brainbees Solutions is trading at a premium of Rs 84 in the grey market today i.e. August 6.

Firstcry IPO subscription status

As of 11:09 a.m., (August 06), the public issue has been subscribed 0.04 times, the retail portion of the book build issue was booked 0.17 times while the NII segment was booked 0.01 times.

Also Read: Ola Electric IPO Fully Subscribed On Day 2 Of Bidding; Retail Section Receives 2.87 Times Bidding

Firstcry IPO Details

Issue Size - Brainbees Solution Limited, Firstcry's parent firm, aimed to raise Rs 4,193.73 crore.

Price Band - The Brainbees Solution Limited has set a price band at Rs 440-465

Lot Size - A bidder has to bid for a lot of 32 shares

Bidding Date - The bidding date for Firstcry IPO is August 06-08, 2024.

Share Allotment Date - The shares can be allowed on Friday i.e. August 9.

Listing Date - The Firstcry shares can be listed on stock exchanges on August 13.

Also Read: Bharti Airtel Q1 Results: Consolidated Net Profit Jumps 2.5 Times To Rs 4,160 Crore

 

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