{
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sebi plans to tighten kpi disclosure norms for ipo-bound companies
SEBI is set to review the Key Performance Indicators (KPI) disclosure framework introduced in 2022, which mandates IPO-bound companies to disclose past transactions and fundraising details. The move aims to enhance transparency for investors, especially as many digital companies prepare to list amid concerns over profitability and valuation drops. Feedback from industry bodies is being sought to strengthen the existing rules, reflecting SEBI's dissatisfaction with current disclosure levels.
Moneycontrol
Zomato Limited Nykaa Paytm Policybazaar FirstCry IND Show more
Regulatory & Legal, Market Report
09:50 29.11.2024
FirstCry parent Brainbees reduces losses while revenue grows significantly in Q2
Brainbees Solutions, the parent company of FirstCry, reported a revenue of Rs 1,904.9 crore for Q2 FY25, marking a 26.4% increase from the previous year. The company's losses narrowed to Rs 62.85 crore, down from Rs 119.4 crore in the same quarter last year. Following a strong IPO debut on August 13, shares opened at Rs 651, a 40% premium over the IPO price of Rs 465.
Moneycontrol
Indian Rupee FirstCry IND
Finance & Economy, Market Report
12:50 14.11.2024
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