Draft Red Herring Prospectus

FirstCry CEO Supam Maheshwari Reduces His Stake In Company Ahead Of IPO

9Jan

Business

FirstCry CEO Supam Maheshwari Reduces His Stake In Company Ahead Of IPO

FirstCry, chief executive officer, Supam Maheshwari, has offloaded a significant portion of the company's shares ahead of its initial public offering (IPO). According to the Draft Red Herring Prospectus (DRHP), CEO Supam Maheshwari sold around 6.2 million shares at a price of Rs. 487.44 each, earnin...

MobiKwik To Raise Rs. 880 Crore Through IPO

4Jan

Business

MobiKwik To Raise Rs. 880 Crore Through IPO

Digital payment solutions provider MobiKwik is set to raise Rs 880 crore through an initial public offering (IPO), with the board passing a special resolution regarding this. The IPO is likely to consist of a fresh issue and offer for sale, which will see co-founders and backers, including Peak XV (...