Brainbees Solutions Ltd, the parent company of FirstCry, has set the price band for its upcoming IPO at Rs 440-465 per share, aiming to raise Rs 4,194 crore.
The IPO, which will be open from August 6-8, includes a fresh issue of Rs 1,666 crore and an Offer For Sale by existing shareholders like Softbank and Mahindra & Mahindra. Funds will support new stores, overseas expansion, and marketing. Post-issue, the company's market cap is estimated at Rs 24,142 crore. Anchor bidding starts on August 5.