Firstcry IPO

Firstcry IPO: Fresh issue of 3.58 cr shares (INR 1,666 cr) & offer for sale of 5.43 cr shares (INR 2,527.73 cr). Funds for new stores, overseas expansion, and tech.

Important Details

Open Date : August 6, 2024 Close Date : August 8, 2024 Allotment Date: August 9, 2024 Listing Date: August 13, 2024

Important Details

IPO Price: INR 440-465 per share Lot Size: 32 Shares Total Issue Size: INR 4,193.73 crores

Fundamental Analysis

1. Revenue: Significant increase,Profitability: Decreased . 2. EPS: Decreased,Liabilities: Rising. 3. RoNW: Declined,Assets: Growth noted.

Peer Comparison

No listed companies match Firstcry’s business or size. Thus, an industry comparison is not feasible.

Peer Comparison

Firstcry IPO main Objective: 1. Indian Expansion: ₹648 cr. 2. International Growth: ₹155.6 cr. 3. Subsidiary Stake Acquisition: INR 170.5 cr. 4. Sales, Marketing, Technology, General Corporate: Additional funds.

Risks And Challenges

Firstcry IPO Risks: 1. Uncertain sustainability of historical growth. 2. Recent losses of  ₹675.167cr in FY 2022-2023. 3. Brand trust challenges from product defects, infringement claims, media issues, and regulatory concerns.