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FirstCry submits IPO documents to raise Rs 1,816 crore; SoftBank, M&M, Ratan Tata to offload shares

Brainbees Solutions, the company behind FirstCry, has submitted the necessary documents to SEBI to initiate its IPO. The IPO includes a new share issue valued at up to Rs 1,816 crore and an offer for sale segment involving the sale of up to 54.4 million shares by existing investors.

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