FirstCry IPO opens, Should You Subscribe To This Rs 4,193 Crore-Issue?

#FirstCryIPO #BrainbeesSolutions #SupamMaheshwari #StockMarket #InvestingTips #FirstCry
Brainbees Solutions (Firstcry) launches an IPO worth Rs 4,193.73 crores. This comprises a fresh issue of 3.58 crore shares totaling Rs 1,666.00 crores, and an offer for sale of 5.44 crore shares amounting to Rs 2,527.73 crores. The IPO subscription opens from August 6, 2024, to August 8, 2024. The allotment is expected to be finalized on Friday, August 9, 2024, and the shares will be listed on BSE and NSE, with a tentative listing date of Tuesday, August 13, 2024. The IPO price band is set between Rs 440 and Rs465 per share, with a minimum application lot size of 32 shares, requiring a minimum investment of Rs14,880 from retail investors. Mahindra & Mahindra group SoftBank, M&M, Premji Invest, TPG are major stakeholders in the company. Watch an exclusive conversation with Supam Maheshwari, MD & CEO of Firstcry.
#IPO #BSE #NSE #IndianStockMarket #InvestmentOpportunity #Mahindra #SoftBank #PremjiInvest #TPG #RetailInvestment #FinanceNews
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