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FirstCry IPO: IPO-bound FirstCry's CEO Supam Maheshwari offloads shares worth Rs 300 crore: Report

Supam Maheshwari, cofounder and CEO of mother and child care e-commerce platform FirstCry has reportedly offloaded 6.2 million shares prior to filing for the company s initial public offer (IPO). ....

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IPO-bound FirstCry's CEO Supam Maheshwari offloads shares worth Rs 300 crore: Report, ET Retail

FirstCry IPO: FirstCry CEO has also listed himself as a selling shareholder in the public issue, according to the company s Draft Red-Herring Prospectus (DRHP). He had 7.46 per cent stake in the company but after filing the draft IPO papers, his holding came down to 5.95 per cent stake. ....

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Firstcry founder Supam Maheshwari sells stake worth Rs 302 crore days before IPO filing

According to the DRHP, Maheshwari held about 7.46% stake as a promoter 10 days before the company filed its IPO prospectus with Sebi. As on the date of filing the IPO papers, the stake was reduced to 5.95%, meaning there was a sale of 62 lakh shares. ....

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