Brainbees Solutions (firstcry) IPO

Brainbees Solutions (firstcry) IPO is listed on BSE and NSE, priced at ₹440–₹465 per share. The stock debuted at ₹651, delivering a listing gain of 40.0%. The IPO had a lot size of ₹32 shares and a minimum investment of ₹14,880.

Brainbees Solutions Limited (firstcry) IPO

Mainboard Listed
₹14,880 (32 Shares)
Minimum Investment
Check Allotment
IPO Dates
Aug 6, 2024 – Aug 8, 2024
Price band
₹440-465 per equity share
Minimum Investment
₹14,880
Issue size
₹4193.73 Cr
Lot size
32
Allotment Date
Aug 9, 2024
Listing
Aug 13, 2024
Listing At
BSE, NSE

IPO timeline

  1. Aug 6, 2024

    Open Date

    Completed

  2. Aug 8, 2024

    Close Date

    Completed

  3. Aug 9, 2024

    Allotment Date

    Completed

  4. Aug 13, 2024

    Listing Date

    Completed

Price Summary

Last closing
219.00 (-52.9%)
52 week high
438.70
52 week low
207.05
Last update

Brainbees Solutions (firstcry) IPO Essentials

Brainbees Solutions (firstcry) IPO Details

Brainbees Solutions (firstcry) IPO is priced at ₹440-465 per share with a total issue size of 4193.73 crore. The IPO has a lot size of 32 shares and is listed on BSE and NSE.

Issue price
₹440-465 per equity share
Lot size
32 shares
Face value
₹2 Per Equity Share
Issue size
Total ₹4,193.74 Cr :
#Fresh Issue : 35,827,957 shares(aggregating up to ₹1,666 Cr) +
#OFS : 54,359,733 shares of ₹2(aggregating up to ₹2,527.73 Cr)
Total issue size
9,01,87,690 shares
(aggregating up to ₹4193.73 crore)
Fresh issue
3,58,27,957 shares
(aggregating up to ₹1666 crore)
Offer for sale (OFS)
5,43,59,733 shares
(aggregating up to ₹2527.73 crore)
Listing at
BSE, NSE
List price
651.0(NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Pvt Ltd, Bofa Securities India Limited, Jm Financial Limited, Avendus Capital Pvt Ltd

Market Lot Size

Investors can bid for a minimum of 32 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 32 ₹14,880
Retail(max) 13 416 ₹1,93,440

Brainbees Solutions (firstcry) IPO Documents

Brainbees Solutions (firstcry) IPO Reservation

Brainbees Solutions (firstcry) IPO reservation details show category-wise allocation of shares. Out of the total 90,194,432 shares, approximately 29.98% are reserved for QIB, 14.99% for NII, 9.99% for retail investors, 0.08% for employees, and 44.96% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 40,555,428 (44.96%)
QIB Shares Offered 27,036,953 (29.98%)
NII (HNI) Shares Offered 13,518,476 (14.99%)
bHNI > ₹10L 9,012,318 (9.99%) 20,116
sHNI < ₹10L 4,506,158 (5%) 10,058
Retail Shares Offered 9,012,317 (9.99%) 281,634
Employee Shares Offered 71,258 (0.08%)
Total Shares Offered 90,194,432 (100%)

Brainbees Solutions (firstcry) IPO Analytics

Brainbees Solutions (firstcry) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Brainbees Solutions (firstcry) IPO Subscription Status

Brainbees Solutions (firstcry) IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 27,036,953
13,518,476
9,012,318
4,506,158
9,012,317 49,639,004
Day 1 06-08-24 05:00 PM
0.00 x
0.08x
0.06x
0.11x
0.46 x 1.86 x 0.11 x
Day 2 07-08-24 05:00 PM
0.03 x
0.30x
0.27x
0.35x
1.06 x 3.54 x 0.30 x
Day 3 08-08-24 05:00 PM
19.30 x
4.68x
5.32x
3.39x
2.31 x 6.57 x 12.22 x
Total No. of Applications
bHNI sHNI Retail
5,73,431 (Approx) —x —x 1.8x

Brainbees Solutions (firstcry) Valuations

Earnings

EPS Pre IPO
-₹6.65/-
EPS Post IPO
-₹6.19/-
P/E Pre IPO
-69.91
P/E Post IPO
-75.09

Returns

RoNW
-8.65%

Fundamentals

Price / Book
6.49

Data sourced from DRHP / RHP • For educational purposes only

Brainbees Solutions (firstcry) Financials( In Crs.)

31-Mar-24 31-Mar-23 31-Mar-22
Assets 7,510.38 7,119.83 6,197.16
Revenue 6,575.08 5,731.28 2,516.92
Profit After Tax -321.51 -486.06 -78.69
Net Worth 3,170.74 3,456.26 3,527.94
Reserves & Surplus 3,081.74 3,367.21 3,439.17
Total Borrowing 462.72 176.47 90.16

Brainbees Solutions (firstcry) Company & Offer Insights

About Brainbees Solutions (firstcry)

FirstCry, the largest online portal specialized for mothers, babies, and kids, is founded by Brainbees Solutions Limited in 2010. It serves as a one-stop shop offering over 1.5 million SKUs from more than 7,500 Indian and global brands and house brands like BabyHug, Pine Kids, Cute Walk by BabyHug, and Babyoye. The portal caters to the widest range of products such as apparels, toys, baby gear, diapers, skincare, and maternity wear.

With the brand recognition and trust that the company enjoys, BabyHug is today India's largest multi-category brand in mother, baby, and kids' products, according to a report from RedSeer. FirstCry also leads the UAE market in its segment by GMV as of 2023.

With more than 900 contract manufacturers supporting the company's house brands, the corporation has 3,411 full-time and 2,475 contract employees (as of December 31, 2023). FirstCry aims to satisfy the need of parents for the proper retailing, content, and community engagement environment; hence, it is a trusted name for the parenting ecosystem.

Brainbees Solutions (firstcry) IPO Issue Objectives

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;
nvestments 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.

Brainbees Solutions (firstcry) IPO - Anchor Investors

FirstCry operator raises Rs 1,886 crore via anchor book.

Marquee institutional investors including Government of Singapore, Monetary Authority of Singapore, Government Pension Fund Global, Abu Dhabi Investment Authority, Nomura Funds, Goldman Sachs, Carmignac Portfolio, Nordea 1, Florida Retirement System, Integrated Core Strategies (Asia), Societe Generale, Steadview Capital Mauritius, Wellington Trust Company, Citigroup Global, and Verition Multi-Strategy Master Fund invested Rs 706.95 crore in the anchor book.

Other key investors being a part of the anchor book included Fidelity Funds, SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Kotak Mutual Fund, SBI Life Insurance Company, Bajaj Allianz General Insurance, 360 One Flexicap Fund, Aditya Birla Sun Life Trustee, TT Emerging Markets Unconstrained Fund, Amundi Funds, Invesco India, Helios Flexi Cap Fund, DSP India Fund, and Max Life Insurance Company.

Brainbees Solutions (firstcry) IPO - Strengths and Risks

Brainbees Solutions (firstcry) IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

India's largest multi-channel retailing platform for kids' products.
Strong brand loyalty with 9.11 million unique transacting customers.
1,063 modern stores across India by March 31, 2024.
Robust network with 900+ contract manufacturers globally.

Risks

Geopolitical tensions disrupt the supply chain, causing inventory shortages.
Intense competition from Flipkart and Amazon impacts market share.
The unorganised sector comprises 84% childcare, and 32% preschool market.
Negative net cash flows from operating activities in FY2024.

Contact Information

Contact Details

Brainbees Solutions (firstcry)

+91 84829 89157

companysecretary@firstcry.com

https://www.firstcry.com/

Rajashree Business Park, Survey No. 338, Next to Sohrabh Hall, Tadiwala Road, Pune - 411 001

Registrar Contact Details

Frequently Asked Questions

Click any question to reveal the answer

Brainbees Solutions (firstcry) IPO is a book-built IPO worth ₹4193.73 crore. The price band is ₹440–₹465 per share. The IPO opens on Aug 6, 2024 and closes on Aug 8, 2024. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Brainbees Solutions (firstcry) IPO is ₹440 to ₹465 per share.

The lot size of Brainbees Solutions (firstcry) IPO is 32 shares.

The minimum investment for Brainbees Solutions (firstcry) IPO is approximately ₹14,880 based on the upper price band .

Brainbees Solutions (firstcry) IPO opens on Aug 6, 2024 and closes on Aug 8, 2024.

The allotment date of Brainbees Solutions (firstcry) IPO is Aug 9, 2024.

Brainbees Solutions (firstcry) IPO is expected to be listed on Aug 13, 2024, on BSE and NSE .

Brainbees Solutions (firstcry) IPO listed on Aug 13, 2024. It was issued at ₹651.0(NSE) and is currently around ₹219.00 as on 15-Jun-2026 3:30 PM, which is approximately -52.9% versus issue price. The 52-week high is ₹438.70.

Based on listing and post-listing performance, Brainbees Solutions (firstcry) IPO delivered around -52.9% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Brainbees Solutions (firstcry) IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Brainbees Solutions (firstcry) IPO valuation snapshot: P/E -75.09, EPS -₹6.19/-, P/B 6.49, RoNW -8.65%, and market cap N/A.

To apply for Brainbees Solutions (firstcry) IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Brainbees Solutions (firstcry) IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Brainbees Solutions (firstcry) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Brainbees Solutions (firstcry) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Brainbees Solutions (firstcry) IPO allotment status on IPO Ji for quick and easy access.