First Cry, Unicommerce IPO Update: The initial public offering (IPO) of Brainbees Solutions, the parent company of e-commerce platform FirstCry, received 12.22 times subscription on Thursday, the third and final day of bidding. Similarly, the IPO of SoftBank-backed Unicommerce E-Solutions received 168 times subscriptions on the last day, Thursday. Now both the companies will do IPO allotment. After which the IPOs of both the companies can be listed on August 13.

Who bet how much, First Cry IPO

According to NSE data, the initial share sale of Rs 4,194 crore for First Cry IPO received bids for 60,64,29,472 shares, while the offer was made for 4,96,39,004 shares. The portion for qualified institutional buyers (QIBs) was subscribed 19.30 times, while the category of non-institutional investors was subscribed 4.68 times. The portion for retail individual investors (RIIs) was subscribed 2.31 times. Brainbees Solutions has raised Rs 1,886 crore from anchor investors. The price range for the IPO was fixed at Rs 440-465 per share. The IPO of Pune-based Brainbees Solutions comprises a fresh issue of equity shares worth Rs 1,666 crore and an offer for sale of 5.44 crore shares worth Rs 2,528 crore by existing shareholders. Thus, the total issue size is Rs 4,194 crore.

Who bet how much, First Cry IPO

SoftBank-backed Unicommerce E-Solutions' initial public offering (IPO) received 168 times subscriptions on Thursday, the third and final day of the offering. According to NSE data, bids were received for 2,37,11,72,994 shares against 1,40,84,681 shares issued under the IPO. The non-institutional investors' segment received 252.46 times subscription, while the qualified institutional buyers (QIBs) portion received 138.75 times subscription. The retail individual investors (RIIs) segment received 130.99 times the subscription.

The price range for the IPO, which is open from August 6 to 8, was fixed at Rs 102-108 per share. According to Unicommerce E-Solutions, it has raised Rs 124 crore from anchor (large) investors. This issue is entirely on a sale offer (OFS) of 2.56 crore equity shares. It will raise Rs 276.6 crore at the upper end of the price range. The entire amount raised from this IPO will go to the shareholders selling shares.