Brainbees Solutions, owner of the popular retail platform FirstCry, launched a ₹4,193 crore IPO with new shares and existing shares being sold by institutional investors like Softbank. The funds raised will help expand retail stores and warehouses. Despite being loss-making, the company has shown significant revenue growth, indicating strong business potential.
All that glitters is not gold on the IPO street
Amid booming IPO market, caution is in the air for investors as majority of the companies that were listed in 2024 failed to retain their