Brainbees Solutions IPO Overview: FirstCry’s parent company Brainbees Solutions will be coming shortly with its Initial Public Offering (IPO). This IPO is much anticipated given the company’s market positioning and first-year growth prospects of FirstCry. This article focuses on the Brainbees Solutions IPO, suggesting information about the company, the IPO in general, the market, and analysis.
Table of Contents
Brainbees Solutions (Firstcry) IPO Details
| IPO Date | August 6, 2024 to August 8, 2024 |
| Listing Date | Tuesday, August 13, 2024 |
| Face Value | ₹2 per share |
| Price Band | ₹440 to ₹465 per share |
| Lot Size | 32 Shares |
| Total Issue Size | 90,187,690 shares (aggregating up to ₹4,193.73 Cr) |
| Fresh Issue | 35,827,957 shares (aggregating up to ₹1,666.00 Cr) |
| Offer for Sale | 54,359,733 shares of ₹2 (aggregating up to ₹2,527.73 Cr) |
| Employee Discount | Rs 44 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 483,349,470 |
| Share holding post issue | 519,177,427 |
Brainbees Solutions IPO Important Dates
| IPO Open Date | Tuesday, August 6, 2024 |
| IPO Close Date | Thursday, August 8, 2024 |
| Basis of Allotment | Friday, August 9, 2024 |
| Initiation of Refunds | Monday, August 12, 2024 |
| Credit of Shares to Demat | Monday, August 12, 2024 |
| Listing Date | Tuesday, August 13, 2024 |
Today’s GMP for Brainbees Solutions IPO
Today’s expected GMP for Brainbees Solutions IPO is ₹261. The IPO GMP rate changes daily according to the interest on investors’ subscription rates. Below is the latest update on Brainbees Solutions IPO’s GMP.
| GMP Date | IPO Price | GMP Price |
| August 13, 2024 | ₹440-₹465 | ₹261 |
| August 6, 2024 | ₹440-₹465 | ₹260 |
| August 5, 2024 | ₹440-₹465 | ₹240 |
| August 4, 2024 | ₹440-₹465 | ₹242 |
| August 3, 2024 | ₹440-₹465 | ₹242 |
| August 2, 2024 | ₹440-₹465 | ₹241 |
| August 1, 2024 | ₹440 – ₹465 | ₹236 |
Brainbees Solutions IPO Lot size and Investors Type
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 32 | ₹14,880 |
| Retail (Max) | 13 | 416 | ₹193,440 |
| S-HNI (Min) | 14 | 448 | ₹208,320 |
| S-HNI (Max) | 67 | 2,144 | ₹996,960 |
| B-HNI (Min) | 68 | 2,176 | ₹1,011,840 |
Brainbees Solutions Investors Category Quota Shares Offered
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 75.00% of the Net offer |
| Retail Shares Offered | Not more than 10.00% of the Offer |
| NII (HNI) Shares Offered | Not more than 15.00% of the Offer |
Brainbees Solutions Limited Financials
| Particular | FY24 | FY23 |
| Assets | 75.10 crore | 71.20 crore |
| Revenue | 65.75 crore | 57.31 crore |
| Profit After Tax | -3.21 crore | -4.86 crore |
| Net Worth | 31.71 crore | 34.56 crore |
| Reserves and Surplus | 30.82 crore | 33.67 crore |
| Total Borrowing | 4.63 crore | 1.76 crore |
Brainbees Solutions Limited Company Overview
Brainbees Solutions, which has acquired FirstCry is one of the largest players in the space of e-commerce focused on baby and kids products. Founded in 2010, the company has expanded to become a market contender in the sale of baby and toddler essential products, including clothes and toys, through its online retail store.
FirstCry’s service has gained credibility over the years and made Brainbees Solutions a leader in a focused market segment of babies and kids’ products. The company remains dynamic and progressive in every way to even improve its impact and scope in the world of e-commerce.
Brainbees Solutions IPO Review
Brainbees Solutions IPO will be listed on August 8, 2024, at NSE and BSE. The size of Brainbees Solution Limited IPO is ₹4,193.73 crore of 9 crore shares, which is fresh issue, and the face value of each share is ₹2. The price band of the IPO is set at ₹440 to ₹465 per share, with a lot size of 32 shares. The funds raised from the IPO will be used to fulfil the expansion strategies of opening new outlets, improving the existing online presence, and technological upgrading for better client satisfaction and business functioning.
Brainbees Solutions Ltd Market Outlook and Investment Analysis
The IPO of Brainbees Solutions is taking place at a time when the e-commerce industry is rapidly expanding owing to the changes in consumer behavior and growth in the internet penetration. The baby and kids’ product segment is also believed to remain strong because parents are getting more aware of important products, and online grocery is becoming more popular because of its convenience and variety.
Investors should consider several factors before participating in the IPO:
- Market Position: FirstCry is the leading brand in the market having regular consumer base and having a well-recognized brand image. This places Brainbees Solutions in a vantage point to compete for business in the growing e-commerce sector.
- Financial Performance: In terms of growth of the company the firm has demonstrated tremendous growth in revenue and profit margin. Reviewing the income statement, balance sheet, and analysis of the company’s overall performance will give information about their future performance.
- Valuation: The IPO price band is indicative of a valuation that reflects the relative dominance and growth potential of the company. The investors should be able to compare it to their expectations and investment standards.
- Growth Potential: The company’s investment in expanding its operations and in technologies can improve its position in the market and operational capabilities, which could translate to increased revenue and profitability in the future.
Brainbees Solutions Limited Company Contact Details
Rajashree Business Park, Survey No. 338,
Next to Sohrabh Hall,
Tadiwala Road, Pune, 411001
Phone: +91-8482989157
Email: [email protected]
FAQs
1. What is the Brainbees Solutions Limited IPO’s GMP price?
The current GMP price of Brainbees Solutions Limited IPO is ₹261.
2. On which exchange will Brainbees Solutions IPO be listed?
3. When is the allotment date for Brainbees Solutions’s IPO?
The allotment date of the Brainbees Solutions Ltd IPO is August 6, 2024.
4. What are the opening and closing dates of Brainbees Solutions Ltd IPO?
Brainbees Solutions IPO will open on August 6, 2024 & close on August 8, 2024.
5. When is the listing date for the Brainbees Solutions Limited IPO?
Brainbees Solutions IPO’s listing date is August 13, 2024.
Conclusion
The IPO of Brainbees Solutions can be considered as one of the most exciting for those investors who are interested in the development of e-commerce industry and in particular – the baby and kids’ segment. The strong brand FirstCry has already created its market and has good prospects for development, so you can talk about the good prospects for the company in the future.
Analysts are advised to consider the company’s performance, future outlook, and IPO valuation before making a decision about investing. Like any other investment, it is always wise to seek advice from financial planners and do research on the issuance to determine whether the IPO will be suitable for the investor’s portfolio.