FirstCry gains 45% on stock market debut; market cap reaches $4.1B

Quick Summary:

Brainbees Solutions, the parent company of FirstCry, priced its IPO at Rs 476 per share.

The strong gains made by FirstCry on day one mirrors the trend seen by Unicommerce's IPO, where the SaaS company saw its share price gain 96% on day one of its listing.

The company, led by Founder and CEO Supam Maheshwari, has a presence in India, Saudi Arabia, and the United Arab Emirates.

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Author / Journalist: Thimmaya Poojary

Category: StartupsEconomyBusiness

Markets: IndiaSaudi ArabiaUnited Arab Emirates

Topics: Made Gains Stock Share Billion Firstcry Policy Listing Market Privacy Company

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 13:02:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 308 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 18 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 22065136

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