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FirstCry's parent company refiles IPO papers, What's Changed?
short by Vivek / on Monday, 6 May, 2024
Brainbees Solutions, the parent company of an omnichannel retailer FirstCry, has re-filed preliminary papers with SEBI to raise funds through an IPO. According to an ET report, The move comes after SEBI directed the company to re-file DRHP due to inadequate disclosure of KPIs. As per the updated draft red herring prospectus (DRHP), the Pune-based company's IPO size remains unchanged.
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