Brainbees Solutions Limited Files DRHP With SEBI menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The IPO comprises a fresh issue of equity shares aggregating up to ₹18,160 million and an OFS of up to 54,391,592 equity shares by selling shareholders
Besides, it plans investment in its subsidiary, FirstCry Trading, for overseas expansion; investment in its subsidiary, Globalbees Brands, towards the acquisition of additional stakes in its indirect subsidiaries; and sales and marketing initiatives. Get more Markets News and Business News on Zee Business.
Firstcry offers more than one million SKUs from over 6,800 brands, including prominent third-party Indian brands, global brands, and their own home brands as at June 30, 2023.