Brainbees Solutions Limited ((Firstcry IPO)
Open MainLineCurrent GMP
₹87 (+18.71%)
Price Band
₹ 440 – 465
Lot Size
32
Issue Size
₹4193.73 Cr
Minimum Investment
₹14880 (32 Shares)
Listing Date
13 August 2024
Subscription
12.22x
About the Company
Brainbees Solutions Limited was incorporated on May 17, 2010, as a private limited company under the Companies Act 1956, with the name "Brainbees Solutions Private Limited", at Pune pursuant to a certificate of incorporation issued by the RoC.
The company is India`s largest multi-channel retailing platform for Mothers`, Babies` and Kids` products, in terms of GMV, for the year ending December 2022, according to the RedSeer Report, with a growing presence in select international markets. In India, the company sell Mothers`, Babies` and Kids` products through our online platform, company-owned modern stores, franchisee-owned modern stores and general trade retail distribution.
The company haas expanded internationally in select markets, establishing a presence in UAE and KSA in 2019 and 2022 respectively, where the company aims to replicate the companies India playbook.
Promoters
company promoter
Promoters Holding
Holding Pre Issue
0.00%
Holding Post Issue
0.00%
Objects of the Issue
The Company proposes to utilize the net proceeds to finance the following purposes:
- Expenses of the Company for: (I) establishment of new modern stores under the "BabyHug" brand; and (II) establishment of a warehouse in India;
- Expenditure on lease payments for existing identified modern stores owned and operated by the Company in India;
- Investments in its Subsidiary Digital Age for (I) setting up new modern stores under the FirstCry brand and other house brands of the Company; and (II) lease payments for the existing identified modern stores owned and controlled by Digital Age in India;
- Investment in Subsidiary FirstCry Trading for overseas expansion by: (I) establishment of new modern stores; and (II) establishment of warehouses in KSA;
- Investment in Subsidiary Globalbees Brands for the acquisition of an additional stake in its Subsidiaries;
- Sales and marketing initiatives;
- Technology and data science costs, including cloud and server hosting costs; and
- Financing of inorganic growth through acquisitions and other strategic initiatives and general corporate purposes.
Address / Contact Info
Brainbees Solutions Limited
Rajashree Business Park, Survey No. 338,
Next to Sohrabh Hall,
Tadiwala Road, - 411 001
Phone: +91 84829 89157
Email: companysecretary@firstcry.com
Website: https://www.firstcry.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 06 August 2024
IPO Close Date
Thursday, 08 August 2024
Basis of Allotment
Friday, 09 August 2024
Initiation of Refunds
Monday, 12 August 2024
Credit of Shares to Demat
Monday, 12 August 2024
Listing Date
Tuesday, 13 August 2024 — NSE & BSE
Important Dates
Open Date
06 August 2024
Close Date
08 August 2024
Basis Of Allotment
09 August 2024
Listing Date
13 August 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 7510.38 | 7119.83 | 6197.16 |
| Revenue | 6575.08 | 5731.28 | 2516.92 |
| Profit After Tax | -321.51 | -486.06 | -78.69 |
| Net Worth | 3170.74 | 3456.26 | 3527.94 |
| Reserve & Surplus | 3081.74 | 3367.21 | 3439.17 |
| Total Borrowings | 462.72 | 176.47 | 90.16 |
EPS Pre
-6.65%
EPS Post
-6.19%
P/E Pre
-69.91
P/E (Post Issue)
-75.09x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 0 |
| ROCE % | 0 |
| Debt / Equity | 0 |
| RoNW % | -8.65 |
| PbW | 6.49 |
| Pat Margin % | 0 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 40555428 | 44.96 | 0 |
| Qualified Institutions | 27036953 | 29.98 | 0 |
| Non-Institutional | 13518476 | 14.99 | 0 |
| BNII | 9012318 | 9.99 | 20116 |
| SNII | 4506158 | 5 | 10058 |
| Retail Investors | 9012318 | 9.99 | 281634 |
| Employees | 71258 | 0.08 | 0 |
| Total | 90194432 | 100 | 0 |
Subscription Status ( Sun, 18 Aug 24 12:28 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 27036953 | 521904896 | 19.3x |
| Non-Institutional | 13518476 | 63238752 | 4.68x |
| BNII | 9012318 | 47978944 | 5.32x |
| SNII | 4506158 | 15259808 | 3.39x |
| Retail Investors | 9012317 | 20817792 | 2.31x |
| Employees | 71258 | 468032 | 6.57x |
| Total | 49639004 | 606429472 | 12.22x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 32 | 14,880.00 |
| Retail (Max) | 13 | 416 | 193,440.00 |
| S-HNI (Min) | 14 | 448 | 208,320.00 |
| S-HNI (Max) | 67 | 2,144 | 996,960.00 |
| B-HNI (Min) | 68 | 2,176 | 1,011,840.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Bofa Securities India Limited
- Morgan Stanley India Company Private Limited
- JM Financial Limited
- Kotak Mahindra Capital Company Limited
- Avendus Capital Private Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Brainbees Solutions Limited ((Firstcry IPO) is a Book-building IPO worth ₹4193.73 crores. The price band is ₹440 to 465 per share. The IPO opens on Tue, Aug 6, 2024 and closes on Thu, Aug 8, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Brainbees Solutions Limited ((Firstcry IPO) opens on Tue, Aug 6, 2024 and closes on Thu, Aug 8, 2024
Brainbees Solutions Limited ((Firstcry IPO) Price Band is ₹440 to 465.
Brainbees Solutions Limited ((Firstcry IPO) lot size is 32, and the minimum amount required for application is ₹14880.
The minimum investment for Brainbees Solutions Limited ((Firstcry IPO) is approximately ₹14880 based on the upper price band.
To apply for the Brainbees Solutions Limited ((Firstcry IPO), investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Aug 8, 2024. After submission, funds are blocked until the basis of allotment of Brainbees Solutions Limited ((Firstcry IPO) is finalised.
Brainbees Solutions Limited ((Firstcry IPO) issue size is ₹4193.73 crores.
Brainbees Solutions Limited ((Firstcry IPO) allotment date is Sat, Jun 27, 2026.
The registrar for Brainbees Solutions Limited ((Firstcry IPO) is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Brainbees Solutions Limited ((Firstcry IPO) through their official website or helpline.
The Brainbees Solutions Limited ((Firstcry IPO) GMP (Grey Market Premium) is ₹87 as of Tue, Aug 13, 2024. Based on the upper price band of ₹465 per share, the estimated Brainbees Solutions Limited ((Firstcry IPO) listing price is ₹552, indicating a potential listing gain of approximately 31% over the issue price.