FirstCry IPO

FirstCry IPO Review, Date, Price, GMP ( Brainbees Solutions IPO )

FirstCry is India’s largest multi-channel retailing platform for mothers’, babies’, and kids’ products in terms of GMV for the year ending December 2023. The company has a growing presence in select international markets. In India, FirstCry sells mothers’, babies’, and kids’ products through its online platform, company-owned modern stores, franchisee-owned modern stores, and general trade retail distribution.

FirstCry operates in a retail category with high purchase frequency, as children quickly outgrow clothing sizes and need consumables such as diapers and other baby products, along with other evolving needs. Thus, once parents establish a connection with FirstCry, they are likely to begin a predictable and frequent transactional journey of about twelve years as their children grow.

FirstCry has expanded internationally in select markets, establishing a presence in the UAE in 2019 and KSA in 2022, where the company aims to replicate its India playbook. According to reports, FirstCry is the largest specialist online mothers’, babies’, and kids’ product retail platform in the UAE in terms of GMV for the year ending December 2023. Additionally, in KSA, FirstCry is the largest online-first mothers’, babies’, and kids’ product-focused retail platform. After the UAE, FirstCry aims to replicate its India playbook in KSA.

FirstCry IPO Complete Details:

FirstCry IPO Details

FirstCry IPO Timetable:

FirstCry IPO Date

Company Financial Details:

FirstCry Financials

AS OF NOW, the GMP Of FirstCry is Around 45 Rs.

Objects Of Issue:

1. Expenditure by the Company for (i) setting up new modern stores under the “BabyHug” brand; and (ii) setting up a warehouse in India;

2. Expenditure for lease payments for existing identified modern stores owned and operated by the Company in India;

3. Investment in the subsidiary, Digital Age, for (i) setting up new modern stores under the FirstCry brand and other home brands of the Company; and (ii) lease payments for existing identified modern stores owned and controlled by Digital Age in India;

4. Investment in the subsidiary, FirstCry Trading, for overseas expansion by: (i) setting up new modern stores; and (ii) setting up warehouse(s) in KSA;

5. Investment in the subsidiary, Globalbees Brands, towards the acquisition of an additional stake in step-down subsidiaries;

6. Sales and marketing initiatives;

7. Technology and data science costs, including cloud and server hosting-related costs;

8. Funding inorganic growth through acquisition and other strategic initiatives, and general corporate purposes.

Promoters:

  • DOES NOT HAVE AN IDENTIFIABLE PROMOTER

FAQs:

When FirstCry IPO is Opening?

FirstCry IPO is Opening on 06 August 2024.

When is the FirstCry IPO Closing?

FirstCry IPO is Closing on 08 August 2024.

What is the Issue Size of the FirstCry IPO?

The IPO Issue Size of FirstCry is 4,193.73 Crore.

Price Band of FirstCry IPO?

The price Band of the FirstCry IPO is 440 to 465 rupees per share.

What is the minimum investment for FirstCry IPO?

The minimum investment for the FirstCry IPO is 14,880 rupees.

Allotment Date of FirstCry IPO?

The Allotment of FirstCry IPO is on 09 August 2024.

Listing Date of FirstCry IPO?

The Listing Of FirstCry is Scheduled on 13 August 2024.

One Should Apply for FirstCry IPO or Not?

Will Update Soon..

Who is the Lead Manager of FirstCry?

Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Pvt Ltd, Bofa Securities India Limited, JM Financial Limited, and Avendus Capital Pvt Ltd are the Lead Managers of FirstCry.

Where To Check the Allotment of FirstCry IPO?

The allotment status for the FirstCry IPO will be accessible on the Link Intime India Private Ltd Website.

FirstCry IPO is going to be listed at?

FirstCry IPO is going to be listed at NSE, and BSE.

What is the Lot Size of the FirstCry IPO?

The lot size of the FirstCry IPO is 32 Shares.

What is the P/E Ratio of FirstCry?

The P/E Ratio of the FirstCry is -69.91.

What is the EPS of the FirstCry?

The EPS of FirstCry is -6.65.

What is the ROE of the FirstCry?

The ROE of FirstCry is N/A.

What is the ROCE of the FirstCry?

The ROCE of FirstCry is N/A.

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