Firstcry IPO opens today: GMP, review, other details. Should you apply for shares of Brainbees Solutions

Firstcry IPO: The initial public offering (IPO) of the Firstcry brand parent company, Brainbees Solutions Limited, has hit the Indian primary market today. Brainbees Solutions IPO’s public issue will remain open until 8th August 2024, i.e., Thursday this week. Brainbees Solutions Limited has fixed the Firstcry IPO price band at ₹440 to ₹465 per equity share, and the mainboard IPO is proposed for listing on BSE and NSE. The company aims to raise ₹4,193.73 crore from its Firstcry IPO launch, out of which ₹1,666 crore is aimed through the issuance of fresh shares. Meanwhile, Firstcry shares are available on the grey market. According to stock market observers, Brainbees Solutions’ share price is at a premium of ₹84 in the grey market today.