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IPO Details


Brainbees Solutions Ltd
Registered Office: Rajashree Business Park S.#338, Next-Sohrabh Hall Tadiwala Rd, Pune - 411001, Maharashtra
Phone: +91 84829 89157
Email: companysecretary@firstcry.com
Website: www.firstcry.com
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.
Issue Money Payable On
Opens On Closes On Application Allotment
06-Aug-2024 08-Aug-2024 465.00 0.00
Minimum Application for shares in Nos : 32 Further Multiples of : 32
()Cr. Lead Managers to the Issue
Project Cost 1,601.74 Avendus Capital Pvt Ltd
Project Financed through Current Offer 4,193.73
Post Issue Equity Share Capital 103.84
Issue Price 465.00
Projects
Setting up New Modern Stores
Setting up a Warehouse
Lease payment for its existing identified modern stores
Investment in its Subsidiary Firstcry Trading for overseas expansion by Bellow:
Setting up new modern stores in KSA
Setting up warehouse(s) KSA
Investment in its subsidiary globalbees brand towards acquisition of additional stake in its indirect subsidiaries
Sales and marketing intiatives
Technology and data science cost including cloud and server hosting related costs
Funding inorganic growth through acquisition and other strategic intiatives and general corporate purposes
Promoted By
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

HANG SENG

18013.16 353.14(2.00%)