FirstCry IPO opens. Should you subscribe to this Rs 4,100 crore-issue?

FirstCry's IPO, launched by Brainbees Solutions, is open for subscription until August 8. The offering comprises a fresh issue of Rs 1,666 crore and an OFS worth up to Rs 2,528 crore. Analysts suggest subscribing due to the company's favorable market position and growth outlook. Funds will support expansion and marketing efforts.