Swara Baby Products Files DRHP, Parent FirstCry To Sell Shares Worth ₹300 Cr

Contract manufacturer Swara Baby Products, which specialises in disposable hygiene products, has filed its DRHP with SEBI for a ₹1,000 Cr IPO. The IPO will comprise a fresh issue of equity shares worth up to ₹500 Cr and an offer-for-sale (OFS) component aggregating up to ₹500 Cr. The company also plans to raise a pre-IPO round of up to ₹100 Cr.