FirstCry IPO subscribed 17% on day 2 so far. Check GMP, other details

The Initial Public Offering (IPO) of FirstCry, a prominent e-commerce platform for baby products, was subscribed 17% on its second day. The company aims to raise funds to expand its business operations and strengthen its market position. The IPO has garnered interest from both institutional and retail investors, though the subscription rate suggests a cautious approach. The article provides details on the Grey Market Premium (GMP) and other key metrics relevant to potential investors. The IPO's performance is being closely watched, as it reflects market sentiment towards e-commerce companies in India.