Brainbees Solutions IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP

Let’s have a detailed review of the company and analytics of the Brainbees Solutions IPO release date, IPO offer price, subscription, Brainbees Solutions Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Brainbees Solutions IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.

Brainbees Solutions IPO – Summary

They are India’s largest multi-channel retailing platform for Mothers’, Babies’ and Kids’ products, in terms of GMV, for the year ending December 2023.

According to the Red Seer Report, with a growing presence in select international markets. In India, they sell Mothers’, Babies’ and Kids’ products through their online platform, company-owned modern stores, franchisee-owned modern stores and general trade retail distribution.

This company does not have an identifiable promoter. The lead manager of the issue is Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, BofA Securities India Limited, JM Financial Limited, and Avendus Capital Private Limited, and the Registrar of this issue is Link Intime India Private Limited.

Brainbees Solutions IPO Date

The opening and closing dates of Brainbees Solutions IPO are not available yet.

Brainbees Solutions IPO Subscription

The shares subscribed by the public will be updated here.

Brainbees Solutions IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Brainbees Solutions Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Brainbees Solutions IPO Price Band

The face value of each share is Rs.2, but the price band of the IPO is Rs.[●] 

Brainbees Solutions IPO Equity Size

This Initial Public Issue of X Equity Shares of Rs.2 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Million.

Brainbees Solutions IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.2/ each.

Issue Size: X Equity Shares of Rs.2 each, aggregating to Rs.[●] Million

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Brainbees Solutions IPO – Live Performance

The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.

Brainbees Solutions IPO Grey Market Premium

The Brainbees Solutions Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X. 

Brainbees Solutions IPO – Company Overview

They launched the FirstCry platform in India in 2010 with the goal of creating a one-stop destination for parenting needs across commerce, content, community engagement, and education. They named their platform “FirstCry” because they believe that a baby’s first cry is a special moment for parents, and they aim to make such moments of the parenting journey filled with joy and happiness.

Also, they seek to develop a tangible, emotional, multi-year relationship with parents, especially mothers, with whom their first engagement begins from their baby’s conception (i.e., nine months before birth) and can continue until their child reaches about 12 years of age. According to the RedSeer Report, childcare is a non-discretionary, essential expense, for which there is perpetual need.

They operate in a retail category with high purchase frequency, in which children outgrow clothing sizes quickly and need consumables such as diapers and other baby products along with other needs that evolve with age. Thus, once parents establish a connection with them, they are likely to start a predictable and frequent transactional journey of about twelve years as their children grow.

Brainbees Solutions IPO – Financial Statements

A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

Financial Summary:

Earnings per Equity Share (in Million)

Further, their PAT for the period ended on March 31, 2023 weas Rs. (4,835.79) Million.

Brainbees Solutions IPO – Promoters

The Promoter of this company is:

• Does not have an identifiable promoter

List of Related Parties (Key Managerial Personnel)

• Supam Maheshwari, Managing Director and Chief Executive Officer
• Sanket Hattimattur, Executive Director and Chief of Staff
• Paul Davison, Non-Executive Director
• Bala C Deshpande, Independent Director

Brainbees Solutions IPO – Promoters Holding

• Pre-Issue Share Holding – %
• Post-Issue Share Holding – %

Brainbees Solutions IPO Offer Details or Issue Details

Brainbees Solutions IPO Issue Object

Their Company proposes to utilize the Net Proceeds towards funding the following objects:

• Expenditureby their Company for (i)setting up new modern stores under the “BabyHug” brand; and (ii)setting up a warehouse,in India;
• Expenditure for lease payments for their existing identified modern stores owned and operated by their Company, India;
• Investment in their Subsidiary, Digital Age for (i) setting up new modern stores under the FirstCrybrandandotherhomebrandsofourCompany; and (ii) lease payments for ourexistingidentified modernstoresowned and controlled by Digital Age, in India;
• InvestmentinourSubsidiary, FirstCryTrading forever seas expansion by: (i) setting up new modern stores; and (ii) setting up warehouse(s), in KSA;
• Investment in their Subsidiary, Globalbees Brands towards the acquisition of an additional stake in their step-down Subsidiaries;
• Salesandmarketinginitiatives;
• Technologyanddatasciencecostincludingcloudandserverhostingrelatedcosts;and
• Funding inorganic growth through acquisition and other strategic initiatives and general corporate purposes.

Brainbees Solutions IPO – Business Strategy

• Grow their customer base by continuing to invest brand,technology, products and their membership program
• Growouroffline and online touchpoints to strengthen their multi-channel competitive advantage
• Continue to expand their portfolio of home brands
• Expand general trade retail distribution of their home brands

Brainbees Solutions IPO – Basis of Offer Price

The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.

Qualitative factors are:

• They are India’s largest multi-channel, multi-brand retailing platform for Mothers’, Babies’ and Kids’ Products;
• Their platform has powerful network effects driven by content, brands and data;
• Brand affinity, loyalty and trust of customers in the FirstCry brand;
• Combination of curating growing home brands and relationships with third-party brands;
• Their technology and data-driven, personalized customer journey lead to higher customer engagement;
• Full-stack platform with control over manufacturing and supply chain;
• Proven and scalable business model.

The relevant quantitative factors are:

Brainbees Solutions IPO: Competitive Peers

Brainbees Solutions IPO Lead Managers

Brainbees Solutions IPO Registrar to offer

Brainbees Solutions IPO – Other Details

• Statutory Auditor – Walker Chandiok & Co LLP, Chartered Accountants
• Legal Counsel to the Company – Shardul Amarch and Mangaldas & Co
• Bankers to the Company – Kotak Mahindra Bank Limited and HDFC Bank Limited

Brainbees Solutions IPO Review by Stock Brokers

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Brainbees Solutions Limited IPO News

News 1 – IPO DRHP Download

News 2 – IPO RHP Prospectus Download

Brainbees Solutions IPO Review FAQs

Check out various FAQs related to Brainbees Solutions IPO:

What is the Issue Size of Brainbees Solutions IPO?

The Company is making an initial public offer of NA equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.

What is the Price band of Brainbees Solutions IPO?

The price band for this particular IPO ranges between Rs NA. As far as the face value of the share is concerned, it is Rs. 2 per share.

What is the Brainbees Solutions IPO Open Date?

The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.

What is the Brainbees Solutions IPO Allotment Date?

They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.

What is the Brainbees Solutions IPO Listing Date?

Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.

Who is the Registrar of Brainbees Solutions IPO?

One of the reputed registrars is managing the issue of this IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.

Who is the Promoter of Brainbees Solutions IPO?

Here are the promoters of this IPO – does not have an identifiable promoter. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

What is the GMP of Brainbees Solutions IPO?

They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.

Is Brainbees Solutions IPO Good for Investment?

They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

What is the PAT of Brainbees Solutions Company?

They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2023 in Million is (4,835.79).

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