FirstCry IPO Share Listing Price Prediction: Latest GMP ahead of Ratan Tata-backed company’s D-Street debut

Updated Aug 11, 2024 15:45 IST

Firstcry IPO

Photo : ET Now Digital

FirstCry IPO latest price prediction.

The subscription period for FirstCry IPO (Brainbees Solutions Ltd) concluded last week between August 06, 2024 to August 08, 2024. The issue is a combination of fresh issue of 3.58 crore amounting Rs 1666 crore and offer for sale of 5.44 crore shares amounting Rs 2,527.73 crore. The allotment of shares have been completed on Friday, August 09, 2024.

Investors, who received the allotment, are looking forward towards listing on the bourses which is scheduled on Tuesday, August 13, 2024.

FirstCry IPO subscription status

FirstCry IPO was subscribed over 12.22 times according to NSE website. The initial share sale received bids for 60,64,29,472 shares against 4,96,39,004 shares on offer.

The portion for Qualified Institutional Buyers (QIBs) got subscribed 19.30 times while the quota for non-institutional investors received 4.68 times subscription. The category for Retail Individual Investors (RIIs) garnered 2.31 times subscription.

FirstCry IPO estimated listing price prediction

FirstCry IPO’s estimated listing price is at Rs 533 (cap price + today’s GMP). The price band for FirstCry IPO is set at Rs 440 to Rs 465 per share. Grey Market Premium of FirstCry IPO stands at Rs 68 as of now. So, listing price is Rs 465 + Rs 68 = Rs 533.

Firstcry allotment status check online – direct links

Investors can check the allotment status of Firstcry IPO online by visiting the official website of the registrar — Link Intime India Private Ltd. Investors can also check the Firstcry IPO allotment status on BSE as well as NSE.

Firstcry IPO allotment status check on Link Intime direct link-

https://linkintime.co.in/initial_offer/public-issues.html.

Firstcry IPO allotment status check on BSE direct link –

https://www.bseindia.com/investors/appli_check.aspx

Firstcry IPO allotment status check on NSE direct link –

https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)


 

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