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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Brainbees Solutions Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹465
Per ShareLot Size
32 Shares
Minimum Investment
₹14,880
Issue Size
₹4,193.73 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
10%
QIB Quota
75%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Issue Type
Book Building
ISIN
INE02RE01045
Brainbees Solutions Limited launched the FirstCry platform in India in 2010 and has expanded internationally in select markets, establishing a presence in UAE and KSA in 2019 and 2022, respectively. Across its platform, it offers products from prominent third-party Indian brands, global brands, and its home brands. Its integrated FirstCry platform helps fulfill three essential parenting needs i.e., shopping, parenting content and education. The Company addresses the needs of its customers across various channels: online platform, modern stores, and general trade retail distribution channels in India; and online platforms in UAE and KSA. In addition, it also operates a network of pre-schools in India.
Childcare products spending in India is currently nascent and rapidly growing. The market comprises both horizontal and vertical players. The vertical players have single childcare product category focused value propositions, while the horizontal players operate across childcare products' categories. Apparel, which encompasses clothing, footwear, and accessories, is the largest segment within India's childcare products market, and the non-apparel categories, such as consumables, hard goods, and toys and games, are growing faster than the apparel category due to twin trends of increasing adoption and premiumization.
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, Maharashtra, India pursuant to a certificate of incorporation issued by the Registrar of Companies, Maharashtra at Pune (the "RoC"). Upon the conversion of the Company to a public limited company pursuant to a resolution passed by its Board on August 31, 2023 and a special resolution passed by its Shareholders at the extra-ordinary general meeting on September 5, 2023, the name of the Company was changed to "Brainbees Solutions Limited". A fresh certificate of incorporation dated November 2, 2023 was issued by the RoC consequent to the Company's conversion into a public limited company.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 90,194,432^ equity shares of face value of Rs. 2 each (the "Equity Shares") of Brainbees Solutions Limited ("Company" or "Issuer") for cash at a price of Rs. 465.00 per equity share (the "Offer Price") aggregating to Rs. 4193.73 crores^ (the "Offer") comprising a fresh issue of 35,834,699^ equity shares of face value Rs. 2 each aggregating to Rs. 1666.00 crores^ (the "Fresh Issue") and an offer for sale of 54,359,733 equity shares of face value Rs. 2 each aggregating to Rs. 2527.73 crores (the "Offer for Sale"), comprising an offer for sale of 46,814,458 equity shares of face value Rs. 2 each aggregating to Rs. 2176.87 crores by corporate selling shareholders (as defined hereinafter) and 7,545,275 equity shares of face value Rs. 2 each aggregating to Rs. 350.86 crores by individual selling shareholders (as defined hereinafter) (together, the "Selling Shareholders", and such equity shares, the "Offered Shares"). The offer includes a reservation of 71,258 equity shares of face value of Rs. 2 each, aggregating to Rs. 3.00 crores^ (constituting 0.01 % of the post-offer paid-up equity share capital, for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 17.37 % and 17.36 % of the post-offer paid-up equity share capital of the company. ^A discount of Rs. 44 per equity share was offered to eligible employees bidding in the employee reservation portion.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
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*Real-time data subject to exchange updates
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.