IPO Goal: FirstCry aims to raise $501 million
Valuation Target: Company seeks $2.9 billion valuation
Stake Offered: 17% stake to be made available to public
Price Range: Shares priced between 440-465 rupees
Expansion Plans: Funds for acquisitions, international growth, new stores
Key Players: SoftBank, TPG, Mahindra & Mahindra selling stakes
Market Context: Part of India's recent IPO boom in 2024
FirstCry's $501M IPO: Aiming for $2.9B Retail Empire
FirstCry's $501M IPO: Aiming for $2.9B Retail Empire