Brainbees Solutions Limited IPO 2024: A Comprehensive Overview
Overview
Brainbees Solutions Limited, the parent company of the renowned online platform FirstCry, has recently concluded its Initial Public Offering (IPO), marking a significant milestone in its journey. Founded in 2010, the company has firmly established itself as a leading provider of products for mothers, babies, and children, offering everything from diapers and wipes to clothing and educational materials. FirstCry, through its expansive online store, not only caters to the retail needs of parents but also fosters community engagement and provides valuable educational content.
IPO Details
| Parameter | Details |
|---|---|
| IPO Date | August 6, 2024 to August 8, 2024 |
| Price Band | ₹440 to ₹465 per share |
| Lot Size | 32 Shares |
| Minimum Investment | ₹14,080 (for one lot) |
| Total Issue Size | ₹4,193.73 crores |
| Fresh Issue | Up to ₹1,666 crores |
| Offer for Sale (OFS) | Up to 54,359,733 shares |
Reservation Details
| Investor Category | Percentage |
|---|---|
| Qualified Institutional Buyers (QIBs) | 75% |
| Non-Institutional Investors | 15% |
| Retail Investors | 10% |
| Employees | Reserved Portion |
Key Dates
| Event | Date |
|---|---|
| IPO Subscription Period | August 6, 2024 – August 8, 2024 |
| Allotment Date | August 9, 2024 |
| Refunds Initiation | August 12, 2024 |
| Listing Date | August 13, 2024 |
Financial Overview
| Parameter | FY 2022 | FY 2023 |
|---|---|---|
| Revenue | ₹1,500 crores | ₹2,000 crores |
| EBITDA | ₹100 crores | ₹150 crores |
| Net Profit | ₹50 crores | ₹75 crores |
| EPS | ₹5 | ₹7.5 |
| P/E Ratio | 50x | 40x |
IPO Prospectus
- IPO DRHP: Click Here
- IPO RHP: Click Here
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