Gainers & Losers

YOU ARE ON :
  • HOME /
  • IPO /
  • IPO ISSUES /
  • IPO-SYNOPSIS

Brainbees Solutions Ltd

Registered Office: Rajashree Business Park S.#338,Next-Sohrabh Hall Tadiwala Rd, Pune - 411001, Maharashtra, India.
Phone : +91 84829 89157   Fax:
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-24 08-Aug-24 465.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 32   Further Multiples of : 32
  Rs(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  

Project

  • 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

No Data Available

Listing At

BSE

NSE

Registrar to the Issue

MUFG Intime India Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.