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IPO-bound FirstCry faces soaring losses, reporting over 500% surge to INR 486 Crores in FY23
IPO-bound omnichannel retailer FirstCry witnessed a fivefold increase in its net loss during the financial year concluding on March 31, 2023. The Mumbai-based startup...
Analysts bullish on Mufti menswear IPO: Robust financials and strong brand image fuel optimism
The much-anticipated debut of Credo Brands Marketing (Mufti Menswear) is set to take place on December 27. Analysts foresee substantial double-digit gains upon listing,...
RBZ Jewellers prepares for market debut with modest listing gains expected
Ahmedabad-based RBZ Jewellers is gearing up for its market debut on December 26. However, preliminary signals from the grey market hint at modest listing...
Ahead of IPO, SoftBank Fund offloads more FirstCry shares
SoftBank Vision Fund, the largest shareholder in IPO-bound omnichannel retailer FirstCry, has divested more shares, opening the door for additional family offices and individuals...
Mufti’s parent company, Credo Brands, reports robust 6.94x subscription in IPO
The initial public offering (IPO) of Credo Brands Marketing, the proprietor of the denim brand Mufti, garnered a subscription rate of 6.94 times on...
RBZ Jewellers IPO oversubscribed 8.4 times: Retail investors lead with 15 times subscription
RBZ Jewellers witnessed robust demand for its initial public offering (IPO) on the final day of bidding, December 21. The subscription rate stood at...
FirstCry plans to launch IPO, aims for a $500-600 Million funding round
After postponing its initial public offering (IPO) last year amidst volatile market conditions, omnichannel retailer FirstCry is reportedly preparing to submit its draft IPO...
Mufti’s parent company, Credo Brands, secures INR 165 Crores from anchor investors
Credo Brands Marketing Ltd, the parent company of the denim brand Mufti, on Monday announced that it has garnered INR 165 crore from anchor...
Motisons Jewellers rakes in over INR 36 Crore from anchor investors ahead of IPO launch
Motisons Jewellers, a retail jewellery company based in Jaipur, announced that it secured slightly over INR 36 crore from anchor investors just days ahead...
Emami Group taps McKinsey & Co to explore expansion into packaged essentials and kitchen appliances
Emami Group has enlisted the services of McKinsey & Co to pinpoint 2-3 promising sectors for potential entry, such as packaged essentials like flour,...
Motisons Jewellers sets IPO price band at INR 52-55, aiming to generate INR 151 Crore
Motisons Jewellers has set a price band of INR 52-55 for its IPO, with the subscription period opening on December 18 and closing on...
Jaipur-based Motisons Jewellers to raise capital with IPO launch on December 18
Motisons Jewellers' initial public offering (IPO) is set to commence its subscription period from December 18 to December 20. The allocation process for anchor...