FirstCry announces Rs 440-465 price band for Rs 4,194 crore IPO. Check details

Brainbees Solution, which operates omnichannel businesses of kidswear under the brand name FirstCry, announced a price band of Rs 440-465 for its upcoming Rs 4,194 crore initial public offering (IPO) which will open on August 6 and close on August 8.

The IPO consists of a fresh issue of shares worth Rs 1,666 crore and an offer for sale (OFS) of up to 5.2 crore shares with a face value of Rs 5 per share. At the upper price band of Rs 465, the OFS would be worth about Rs 2,528 crore.