Key Points
The average cost of acquisition of shares by Tata comes to Rs 84.72 per share, shows FirstCry's draft red herring prospectus (DRHP) filed with the market regulator Securities and Exchange Board of India (Sebi)..
NEW DELHI: Tata Sons Chairman emeritus Ratan Tata, who turned 86 today, will sell 77,900 shares of kidswear startup FirstCry in its upcoming IPO in 2024...
The octogenarian industrialist, who led the Tata Group for decades, has been transformed into an angel investor for scores of startups like eyewear retailer Lenskart, digital payments brand Paytm, electric vehicle startup Ola Electric Mobility, and online stock trading platform Upstox...
SoftBank-operated SVG Frog is selling 2.03 crore shares, while M&M plans to sell up to 28.06 lakh shares of the company in the IPO...
FirstCry, which saw its losses widen six-fold in fiscal 2022-2023 due to rising costs, said it would use funds from the IPO to expand stores in India and Saudi Arabia and to clear its leases for existing Indian stores...
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