| IPO Date | August 6, 2024 to August 8, 2024 |
| Listing Date | -- |
| Face Value | ₹ 2 / Share |
| Price Band | ₹ 440 to ₹ 465 / Share |
| Lot Size | 32 Shares |
| Total Issue Size | 90194432 (Aggregating up to 4194 ) |
| Fresh Issue | 35834699 (Aggregating up to 1,666 ) |
| Offer for Sale | 54359733 (Aggregating up to 2528 ) |
| Employee Discount | 44.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE NSE |
| Share holding pre issue | 483349470 |
| Share holding post issue | 519177427 |
| Market Maker portion |
Brainbees Solutions IPO opens on August 6, 2024, and closes on August 8, 2024.
| IPO Open Date | August 6, 2024 |
| IPO Close Date | August 8, 2024 |
| Basis of Allotment | August 9, 2024 |
| Initiation of Refunds | August 12, 2024 |
| Credit of Shares to Demat | August 12, 2024 |
| Listing Date | -- |
| Cut-off time for UPI mandate confirmation | -- |
Investors can bid for a minimum of 32 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 32 | Rs.14,880 |
| Retail (Max) | 13 | 416 | Rs.193,440 |
| S-HNI (Min) | 14 | 448 | Rs.208,320 |
| S-HNI (Max) | 67 | 2,144 | Rs.996,960 |
| B-HNI (Min) | 68 | 2,176 | Rs.1,011,840 |
| HNI (Min) |
| Share Holding Pre Issue | 483349470 |
| Share Holding Post Issue | 519177427 |
Brainbees Solutions IPO comprises a total issue size of 9,01,94,432 shares. The net offer to the public is 9,01,23,174 shares, after excluding 71,258 shares under a preferential allotment. Of the Net offer 6,75,92,381 (75.00%) are allocated to QIB, 1,35,18,476 (15.00%) allocated to NII 90,12,317 (10.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 40555428 44.96 |
NA |
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 27036953 29.98 |
NA |
| NII (HNI) Shares Offered | 13518476 14.99 |
NA |
| bNII > ₹10L | 9012318 9.99 |
20116 |
| sNII < ₹10L | 4506158 5.00 |
10,058 |
| Retail Shares Offered | 9012317 9.99 |
281634 |
| Employee Shares Offered | 71258 0.08 |
NA |
| Total Shares Offered | 90194432 100.00 |
| Bid Date | 2024-08-05 |
| Shares Offered | 40555428 |
| Anchor Portion Size (In Cr.) | 1885.83 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 8, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 7, 2026 |
Founded in 2010, Brainbees Solutions Limited offers products for mothers, babies, and Kids via its online platform 'FirstCry'.
Brainbees Solutions (Firstcry)'s mission is to create a one-stop store for parents' retail, content, community engagement, and education needs. The company offers everything needed for an infant up to the age of 12, including apparel, footwear, baby gear, nursery, diapers, toys, and personal care, amongst others. The company offers products from Indian third-party brands, global brands, and its own brands. The company has an extensive offering for mothers, babies, and Kids with more than 1.5 million SKUs from more than 7,500 brands on its multi-channel platform across categories including apparel and fashion, toys, books, school supplies, diapers, bath and skincare, nutrition and breastfeeding, health and safety, baby gear and maternity wear (as of December 31, 2023).
Brainbees Solutions (Firstcry)'s strong brand awareness and customer trust are reflected in the launch of BabyHug, one of Brainbees Solutions (Firstcry)'s house brands. According to a RedSeer report, this is the largest multi-category brand for mother, baby, and kids products in India, regarding GMV, for the year ending December 2023. Its other key house brands include Pine Kids, Cute Walk by BabyHug, and Babyoye.
According to a report by RedSeer Report, Brainbees Solutions (Firstcry) is the largest specialized online retail platform for maternal, baby, and Kids' products in the UAE, in terms of GMV, for the year ending December 2023.
For the nine months ended December 31, 2023, and the financial years 2023, 2022, and 2021, the Company had a network of more than 900 contract manufacturers in India and other countries for its house brands, excluding contract manufacturers engaged by Globalbees Brands and its subsidiaries.
| KPI | Values |
|---|---|
| ROE | |
| ROCE | |
| Debt/Equity | |
| RoNW | -8.65 |
| P/BV | 6.49 |
| PAT Margin (%) |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | -6.65 | -ve |
| P/E (x) | -69.91 | -ve |
Brainbees Solutions Ltd. Address Rajashree Business Park, Survey No.338 Next to Sohrabh Hall Tadiwala Road Pune, Maharashtra, 411001
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