The primary market is all set to remain in action with five new initial public offerings (IPO) will be launched in the upcoming week. In the mainboard segment, Saraswati Saree Depot IPO to open for bidding. In the SME segment,four public issues will be available for subscription this week. In addition to the new offerings, … Read more
The initial public offering of Brainbees Solutions Limited, the parent company of the ‘FirstCry’ brand, opened on August 6 and closed on August 8. The Firstcry IPO subscription status reveals a tepid response from Indian primary market investors, with the Brainbees Solutions IPO being subscribed only 0.30 times in the first two days of bidding. … Read more
SoftBank-backed Brainbees Solutions Pvt. Ltd, the parent company of baby products retailer FirstCry, is set to launch its initial public offering (IPO) on Tuesday, closing on Thursday, at a price band of ₹440- ₹465. The IPO will include both fresh issues and an offer for sale (OFS), with the company aiming to raise ₹4,194 crore … Read more
The initial public offerings (IPO) momentum in the primary market is all set to continue in the upcoming week as three new public issues will open for bidding next week. Unicommerce and Firstcry will debut on the mainboard segment, while Aesthetik Engineers will be the only SME IPO. Post Budget, IPO activity has picked up … Read more
The Indian equity market exhibited volatility over the past week, ultimately closing marginally lower amid mixed signals. After a subdued start, the Nifty 50 index remained range-bound for most of the week, showing signs of fatigue. Selective buying in key heavyweights across sectors kept the sentiment positive. In the first week of August, investors will … Read more
The initial public offering (IPO) of Brainbees Solution, which runs omnichannel kidswear businesses under the FirstCry brand, is set to launch on August 6. The IPO is a new issue of ₹1,666 crore and an offer for sale (OFS) of up to 5.4 crore shares by current shareholders, including M&M and SoftBank. The anchor investor … Read more