The IPO of Brainbees Solution, known for its kidswear brand FirstCry, will open on August 6. It comprises a fresh issue of Rs 1,666 crore and an OFS of up to 5.4 crore shares. The anchor investor round will commence on August 5, a day before the IPO. The price band will be announced later in the week, as per the company’s red herring prospectus RHP filed with Sebi.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce