Firstcry founder Supam Maheshwari sells stake worth Rs 302 crore days before IPO filing

According to the DRHP, Maheshwari held about 7.46% stake as a promoter 10 days before the company filed its IPO prospectus with Sebi. As on the date of filing the IPO papers, the stake was reduced to 5.95%, meaning there was a sale of 62 lakh shares.

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