FirstCry parent to sell up to Rs 300 cr shares in Swara Baby IPO via OFS

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FIRSTCRY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.8%Reaction day

₹228.00

prior close

₹229.99

announcement price

After-mkt

timing

Nifty Smallcap 250market+1.0%-1.8% vs market

E-Retail/ E-Commerce peers, median of 13sector-0.0%-0.8% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Smallcap 250 and 0.8 pts less than its E-Retail/ E-Commerce peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-0.5

15m

-0.6

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8+1.0-1.8-0.0-0.8

Next day

-3.9+1.1-5.0+0.0-3.9

-5.3+1.6-6.8+1.1-6.4

-6.9+0.9-7.7+0.3-7.2

-9.1-1.1-7.9-0.3-8.8

-10.7+0.4-11.1+0.1-10.8

-5.5+2.1-7.6+1.5-7.0

15d

-7.7-0.8-6.9-1.0-6.8

-5.9+2.1-7.9+1.8-7.6

-25.3+2.6-27.8+7.7-33.0

-24.3-0.8-23.5-2.8-21.6

UpDownMarket · Nifty Smallcap 250Sector · E-Retail/ E-Commerce peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Brainbees Solutions (FirstCry) board approved selling shares worth up to Rs 300 crore in its subsidiary Swara Baby Products via the Offer for Sale route during Swara Baby's proposed IPO. Swara Baby will remain a subsidiary post-IPO. The IPO is subject to market conditions and SEBI, BSE, NSE and other regulatory approvals. Price and other IPO details will be decided later.

Likely market impact

Positive for FirstCry as it monetises stake in subsidiary. No equity dilution for FirstCry shareholders. Subject to regulatory approvals.