Tolins offers quality at a discount, but raw material prices weigh
ET Intelligence Group: Tolins Tyres, a manufacturer of tread rubber and tyres, is aiming to raise βΉ230 crore through an initial public offering. The IPO will consist of a fresh issue of shares worth βΉ200 crore, which will be used for loan repayment and to enhance working capital, while the rest will come from an…
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Wait for FirstCry to make profits first
ET Intelligence Group: Pune-headquartered Brainbees Solutions is a unicorn startup that runs India’s largest multi-channel retailing platform, FirstCry, as a one-stop solution for mothers, babies and kids for shopping, content, community engagement and education (pre-schools). The company is launching a βΉ4,193 crore initial public offering (IPO), which includes a fresh issue of βΉ1,666 crore and…
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