Firstcry IPO of ₹5300 Crores Coming Soon!

The popular Indian Baby/Kids Products Online Store Firstcry to soon come up with its IPO as the Company is looking to file IPO papers in Mumbai.

by FighterMan Updated: 14 Apr, 2022, 12:54 IST
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The baby/kids products e-commerce giant Firstcry is planning to come up with its IPO soon. It is expected that this IPO will have shares worth around ₹5,300 Crores up for grabs for the public. The valuation of this company might be around ₹45,000 Crores.

Firstcry IPO of ₹5300 Crores Coming Soon!

The upcoming Firstcry IPO will include new as well as existing shares for sale. In the last financial year of 2020-21, the company reported profits on an operational level as a result of more parents shifting to online shopping.

What makes the Firstcry IPO special is that it is a startup which is currently profitable and coming up with an IPO. Earlier, many startups have turned for an IPO to compensate for losses or fulfill their outstanding loans.

The Firstcry IPO is expected to launch in April 2022. Once the date is out we will get the details on issue size, share price, lot size, GMP (grey market premium), listing, and more.

Firstcry is registered as BrainBees Solutions Pvt. Ltd. It is into online selling of baby/kids products like personal care, toys, fashion, baby gears, diapers, nursery, baby-moms, and more. It also has brick-and-mortar stores in a few regions where it is popular, and is planning to expand in other regions.

Firstcry is backed by TPG, SoftBank Group, and PremjiInvest (family office of Wipro founder Azim Premji). With the growing e-commerce craze in India, always in-demand baby products, and Firstcry’s strong base & reputation, this IPO will be worth a watchout! Please do share your views on the Firstcry IPO below. Before going, check for the latest Firstcry Coupons!

6 Comments  |  
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Deal Cadet Deal Cadet

It will not be the First company that will make investors Cry!

Deal Captain Deal Captain

What will they do with this money?

Mobile Guru Mobile Guru
kartikxxx wrote:

What will they do with this money?

They is angel investors who want to dilute their stake and cash out by inviting gullible retail investors.

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