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.
The IPOs of FirstCry and Unicommerce eSolutions garnered strong response on the final day after muted bidding on the first two days.
The IPO of e-commerce unicorn comprises fresh equities worth ₹1,666 crore and an OFS of ₹2,527.73 crore.
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.
SoftBank, the largest shareholder in FirstCry, has reportedly sold shares worth $310 million in the omnichannel retailer in two rounds.