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LISTEDSME429,888.00

Firstcry IPO

Open 6th Aug 2024 · Close 8th Aug 2024 · Listing 13th Aug 2024

Verified 2026-08-2489% data coverage
Issue Price₹465.00
Listing Price₹651.00
Current Price
Listing Gain40.00%
Current Return

IPO Objectives

Firstcry IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Setting up new modern stores under the ‘BabyHug’ brand₹93.90 Cr
2Setting up a warehouse₹14.20 Cr
3Expenditure for lease payments for our existing identified modern stores owned and operated by our Company, in India₹93.10 Cr
4Setting up new modern stores under the FirstCry brand and other home brands of our Company₹169.00 Cr
5Lease payments for our existing identified modern stores owned and controlled by Digital Age in India₹130.60 Cr
6Investment in our Subsidiary, FirstCry Trading for overseas expansion by: (i) setting up new modern stores; and (ii) setting up warehouse(s), in KSA₹155.60 Cr
7Investment in our Subsidiary, Globalbees Brands towards acquisition of additional stake in our step-down Subsidiaries₹169.00 Cr
8Sales and marketing initiatives₹200.00 Cr
9Technology and data science cost including cloud and server hosting related costs₹57.60 Cr
10Funding inorganic growth through acquisition and other strategic initiatives and general corporate purposes#₹518.74 Cr