FirstCry and Unicommerce make stellar market debut
FirstCry and Unicommerce launched successfully on the stock market, with FirstCry's shares opening 34% higher and closing 46% above their IPO price. This raised its market value to over ₹35,213 crore. Unicommerce's IPO saw a subscription rate of 170 times, debuting well above its issue price, despite a 9% drop by the closing.
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