Company selling children’s clothing offers income opportunities
FirstCry, a platform that sells children’s clothing and related products online, is providing you with income. You can become a partner in the company by investing just Rs 15,000. In fact, the IPO of First Cry, a company that sells children’s clothing is going to open. The IPO of its parent company Brainbees Solutions Limited will open for investors tomorrow i.e. on August 6. The company has also revealed the price band fixed for it. Let us know all the details related to the IPO…
Become a partner for this amount of money continuously
If we talk about becoming a partner of the company, let us know by spending how much money you can secure your share in the profits of this children’s clothing retailer. That means you can become a partner of FirstCry. The lot size of 32 shares was fixed by the company in the IPO. If we look at the upper price band, the investor will have to spend Rs 14,880 for one lot. That means you will have to bid for at least 32 shares. After this, if the IPO happens, your share in the profits of the company due to listing in the stock market will also increase.
The company has decided on this price range.
The IPO of FirstCry, an e-commerce company that sells children’s clothing and footwear, will open for subscription on August 6 and investors will be able to invest money in it till August 8. Talking about the size of this IPO, the company has planned to raise Rs 4,193.73 crore from the market through its issue. Under this, 35,827,957 new shares worth Rs 1,666 crore will be issued, while 54,359,733 shares worth Rs 2,527.73 crore will be offered for bidding through Offer for Sale (OFS). The company has also shared information about the price band fixed for its issue, which is Rs 440 to Rs 465 per share. The company will issue shares with a face value of Rs 2. Speaking of the possible listing of First Cry IPO shares, they can be listed on the stock market on August 13 after the closing of August 8.
I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,
