Veteran industrialist and former Tata Group chairman Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which owns omnichannel baby and mother-care product platform FirstCry, in the upcoming IPO.
Tata became an investor in the company in 2016 by infusing Rs 66 lakh initially.
He was allotted preference shares of the company.
Ratan Tata To Sell 77,900 Shares In The Upcoming FirstCry IPO; Check Detail freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
New Delhi, Dec 28 (PTI) Brainbees Solutions Ltd, the parent firm of online e-commerce platform FirstCry, on Thursday filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).