FirstCry Stock Price Live Updates: Trading of the stock began on the Bombay Stock Exchange at ₹625, an increase of 34.4% over the offer price.
FirstCry share price live: Brainbees Solutions secures ₹1,885.8 crore from anchor investors ahead of listing
Before its market debut, Brainbees Solutions collected ₹1,885.8 crore from anchor investors on August 5. Founded in 2010, the company operates the FirstCry platform, which offers an extensive range of products for mothers, babies and kids. The platform offers over 1.5 million SKUs from more than 7,500 brands.
FirstCry share price live: FirstCry IPO records over 12x subscription, led by QIBs
The IPO of Brainbees Solutions (FirstCry) received an overwhelming response. By the end of the offer period, the issue was subscribed 12.2 times. Retail investors subscribed 2.3 times, while qualified institutional buyers (QIBs) showed significant interest with a subscription rate of 19.3 times. The non-institutional investors (NIIs) category also saw strong demand with a subscription rate of 4.7 times.
First Cry share price live: Brainbees Solutions shares to be listed on NSE at 40% premium to IPO price
Brainbees Solutions (FirstCry) shares had a strong stock market debut on Tuesday. The company’s shares were trading at ₹625 on the BSE, representing a premium of ₹160 or an increase of 34.40 percent compared to the issue price of ₹465. On the NSE, shares opened at ₹651, which corresponds to a return of ₹186 or 40 percent per share compared to the allotment price.
Prior to listing, the grey market premium (GMP) for the FirstCry IPO was around ₹87, indicating expected strong increases in the share price.
