{"id":38825,"date":"2024-04-30T05:34:50","date_gmt":"2024-04-30T05:34:50","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/30\/firstcry-refiles-ipo-papers-reports-december-revenue-at-rs-4841-crore\/"},"modified":"2024-04-30T05:34:50","modified_gmt":"2024-04-30T05:34:50","slug":"firstcry-refiles-ipo-papers-reports-december-revenue-at-rs-4841-crore","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/30\/firstcry-refiles-ipo-papers-reports-december-revenue-at-rs-4841-crore\/","title":{"rendered":"FirstCry refiles IPO papers, reports December revenue at Rs 4,841 crore"},"content":{"rendered":"
\"FirstCry<\/div>\n
FirstCry<\/a>, the omnichannel retailer for baby and mother care products, has refiled its draft initial public offering (IPO<\/a>) papers. The SoftBank-backed firm was asked by the Securities and Exchange Board of India (Sebi<\/a>) to refile its application over lack of adequate disclosure of key performance indicators (KPI).
According to the latest draft red herring prospectus (DRHP<\/a>), FirstCry\u2019s IPO size remains the same where it intends to raise the $218 million (about Rs 1,815 crore) in primary funding through issuance of new shares and divestment of 54 million shares from existing investors.<\/p>\n
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For the nine months ending December 2023, the Pune-based firm has recorded operating revenue<\/a> of 4,814 crore with a net loss of Rs 278 crore, according to the latest DRHP.<\/p>\n

Nearly 77% of its total sales come from online with the rest through offline retail stores. It clocked a gross sales of Rs 5,650 crore for the nine-month period ending in December 2023.<\/p>\n

FirstCry\u2019s IPO launch may not happen around July. FirstCry\u2019s IPO is expected to be around $500 million in size (about Rs 4,163 crore) but this would depend on the final valuation of the company in the public offering. The Premji Invest-backed company, which was last valued at under $3 billion in the private market, is considering to float its public issue at a valuation of around $4 billion, ET had reported earlier<\/a>.<\/p>\n<\/div>\n


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FirstCry, the omnichannel retailer for baby and mother care products, has refiled its draft initial public offering (IPO) papers. The SoftBank-backed firm was asked by the Securities and Exchange Board of India (Sebi) to refile its application over lack of adequate disclosure of key performance indicators (KPI).According to the latest draft red herring prospectus (DRHP), […]<\/p>\n","protected":false},"author":2,"featured_media":38826,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/msid-109714012,imgsize-2140662.cms","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[1955,2703,41262,26955,2799,16205,41263,1905,2891,9136,7139],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/38825"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=38825"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/38825\/revisions"}],"predecessor-version":[{"id":38827,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/38825\/revisions\/38827"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/38826"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=38825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=38825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=38825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}