India, April 30 -- Pune-based omnichannel marketplace FirstCry has refiled its draft red herring prospectus (DRHP) after markets regulator Securities and Exchange Board of India (SEBI) claimed that the Supam Maheshwari-led startup failed to disclose certain key indicators in its draft papers filed last December.

As per the recent DRHP paper, the IPO offer continues to remain the same. The SoftBank-backed startup will be raising INR 1,816 Cr through fresh issue of shares, while the offer-for-sale (OFS) component comprises shareholders selling 5.4 Cr equity shares.

Shareholders, including SoftBank, Premji Invest, TPG Growth and Mahindra among others, will participate in the OFS.

The startup in consultation with the Book Running Lead Mana...