Tech Start-ups Come Of Age
Market lauds new-age firms’ role in the country’s digital transformation, boosting promoter wealth.
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September 2024
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May 2015
FirstCry parent Brainbees Solutions lists at 40% premium; Unicommerce shares zoom 118% on debut
Post listing, FirstCry shares surged 50% to ₹698 on the NSE, while Unicommerce rallied 137% to ₹255.99 apiece.
FirstCry IPO subscribed 12.2 times; Unicommerce issue booked 167.5 times
The IPOs of FirstCry and Unicommerce eSolutions garnered strong response on the final day after muted bidding on the first two days.
FirstCry to raise ₹4,194 cr via IPO at price band of ₹440-465; issue to open on Aug 6
The IPO of e-commerce unicorn comprises fresh equities worth ₹1,666 crore and an OFS of ₹2,527.73 crore.
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.
Year Of Reckoning For New-Age IPOs
As investors start looking closely at company bottom lines, the long list of start-up IPOs will have a tough time convincing investors.
FirstCry parent Brainbees Solutions files IPO papers with SEBI
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.
SoftBank cuts stake in IPO-bound FirstCry; Sachin Tendulkar, Infosys founder among buyers
SoftBank, the largest shareholder in FirstCry, has reportedly sold shares worth $310 million in the omnichannel retailer in two rounds.
FirstCry: Child’s play
How FirstCry cut out growing pains by merging online and offline.
