![IPO-bound FirstCry to open 12 new stores, warehouses in Saudi Arabia](https://images.assettype.com/fortuneindia%2F2017-07%2F038f02b4-2dcb-4e1e-837d-3218590720b5%2Fimage.jpg?w=300&q=95)
IPO-bound FirstCry to open 12 new stores, warehouses in Saudi Arabia
In India, SoftBank-backed baby products retailer plans to set up 256 new modern stores and warehouses.
In India, SoftBank-backed baby products retailer plans to set up 256 new modern stores and warehouses.
The IPO of SoftBank-backed FirstCry comprises a fresh issue of equity shares worth ₹1,816 crore and an offer for sale of up to 5.43 crore shares by existing shareholders.