Firstcry & Unicommerce IPO Listing: The IPO shares of FirstCry, one of the brands selling child care products, have been listed today and it has given great profits to its investors. FirstCry shares have been listed on BSE at Rs 625 with a premium of about 35 percent (34.78%). The price band of the company’s shares in the IPO was Rs 465. In this way, investors have got a profit or listing gain of Rs 122 on every share of FirstCry.
Unicommerce Solutions investors became rich with listing gain of 113%
Unicommerce Solutions has been listed at a premium of 113 percent and the shares of this company have been listed at a blockbuster price of Rs 230. The price band of the company’s shares in the IPO was Rs 108. Unicommerce Solutions gave a profit of 113 percent as soon as it was listed and investors have earned more than double profit on each share. A share of Rs 108 was listed at Rs 230, which means a profit of Rs 122 on each share, that too in just 5 days. On NSE, its shares have been listed at Rs 235 per share, which is a listing gain of 117.6 percent.
FirstCry IPO Details
Through IPO, FirstCry’s parent company Brainbees Solutions has raised Rs 4194 crore from the stock market. In the fresh issue of Rs 1666 crore and the offer for sale public offer of Rs 2528 crore, the company had kept the price of the shares at Rs 465.
Excellent FirstCry’s good listing was expected based on GMP
Seeing the good demand for FirstCry shares in the grey market, there were indications of a blockbuster listing and that is what happened. FirstCry’s IPO was subscribed 12.22 times, of which qualified institutional buyers (QIB) subscribed 19.30 times. At the same time, non-institutional investors (NII) subscribed 4.68 times. The quota of retail investors was subscribed 2.31 times.
Congratulations to “Brainbees Solutions Limited” on getting listed on NSE today. Brainbees Solutions Limited offers products for mothers, babies, and Kids via its online platform ‘First Cry’. The Public issue was of INR 4,193.73 Cr.#NSEIndia #listing #IPO #StockMarket, pic.twitter.com/rZS21rEUKK
— NSE-India (@NSEIndia) August 13, 2024
Unicommerce eSolutions IPO Details
Unicommerce eSolutions’ IPO was open between 6-8 August. Its listing today on 13 August has given investors a chance to become rich within 5 days. Unicommerce’s Rs 276.6 crore book-built issue IPO was subscribed 168.35 times till the last day. In this, retail investors subscribed 130.9 times, QIBs 138.75 times and non-institutional investors (NIIs) subscribed 252.46 times. This IPO was completely an offer for sale issue in which the price band for the sale of 2.6 crore shares was Rs 102 to Rs 108 per share.
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