Brainbees Solutions (Firstcry) IPO GMP Today, Brainbees Solutions IPO Grey Market Premium Updates | Brainbees Solutions (Firstcry) IPO, Latest target, Opening gain
Brainbees Solutions (Firstcry) IPO Details:
| Issuer | Firstcry IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: 06 August 2024 | |
| Issue Closes: 08 August 2024 | ||
| Price Brand | ₹440 to ₹465 per share | |
| Issue Size | ₹4,193.73 Cr | |
| Face Value | ₹2 per share | |
| Market Lot | 32 Shares | |
| Retail (Max) | ₹193,440 | |
| QIB | 75% | |
| HNI | 10% | |
| Retail Individual Bidders | 15% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 90,187,690 Shares | |
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Brainbees Solutions IPO GMP Rates day by day
Firstcry IPO Market Lot:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 32 | ₹14,880 |
| Retail (Max) | 13 | 416 | ₹193,440 |
| S-HNI (Min) | 14 | 448 | ₹208,320 |
| S-HNI (Max) | 67 | 2,144 | ₹996,960 |
| B-HNI (Min) | 68 | 2,176 | ₹1,011,840 |
Brainbees Solutions (Firstcry) IPO Date, Allotment & Listing:
| Firstcry IPO Opening Date: | AUGUST 06, 2024 |
| Firstcry IPO Closing Date: | AUGUST 08, 2024 |
| Basis of Allotment: | AUGUST 09, 2024 |
| Initiation of Refunds: | AUGUST 12, 2024 |
| Credit to Demat Account: | AUGUST 12, 2024 |
| Listing Date: | AUGUST 13, 2024 |
Brainbees Solutions Limited Financial Information (Restated Consolidated)
Firstcry Limited’s revenue increased by 127.71% and profit after tax (PAT) dropped by -517.72% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 7,284.27 | 7,119.83 | 6,197.16 | 4,078.17 |
| Revenue | 4,890.02 | 5,731.28 | 2,516.92 | 1,740.06 |
| Profit After Tax | -278.25 | -486.06 | -78.69 | 215.94 |
| Net Worth | 3,183.20 | 3,456.26 | 3,527.94 | 3,437.06 |
| Reserves and Surplus | 3,093.59 | 3,367.21 | 3,439.17 | 3,359.27 |
| Total Borrowing | 276.29 | 176.47 | 90.16 | 16.94 |
| Amount in ₹ Crore | ||||
Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| RoNW | -8.65 |
Objects of the Issue (Firstcry IPO Objectives):
The Company proposes to utilize the net proceeds to finance the following purposes:
- Expenses of the Company for: (I) establishment of new modern stores under the “BabyHug” brand; and (II) establishment of a warehouse in India;
- Investments 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
- Expenditure on lease payments for existing identified modern stores owned and operated by the Company in India;
- Financing of inorganic growth through acquisitions and other strategic initiatives and general corporate purposes.
FIRSTCRY IPO ALLOTMENT STATUS
How to Apply for Brainbees Solutions (Firstcry) IPO?
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How to Apply Brainbees Solutions (Firstcry) IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Brainbees Solutions”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Brainbees Solutions IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Firstcry”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
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IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
Brainbees Solutions IPO is a main-board initial public offering of 90,187,690 Equity shares of the face value of ₹2 aggregating up to ₹4,193.73 Crores. The issue price of the IPO is ₹440 to ₹465 Per Equity Share. The minimum order quantity is 32 Shares per application and the offer type is Book Built Issue. The IPO opens on August 06, 2024 and closes on August 08, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Firstcry IPO opens on August 06, 2024 and closes on August 08, 2024.
You can apply in Firstcry IPO online using either UPI or ASBA as payment method. Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Pvt Ltd, Bofa Securities India Limited, Jm Financial Limited and Avendus Capital Pvt Ltd are the book running lead managers of the Brainbees Solutions (Firstcry) IPO, while Link Intime India Private Ltd is the registrar for the issue.
The finalization of Basis of Allotment for Brainbees Solutions IPO will be done on August 09, 2024, and the allotted shares will be credited to your demat account by August 12, 2024. Check the Firstcry IPO allotment status.
The Brainbees Solutions IPO listing date is not yet announced. The tentative date of Firstcry IPO listing is August 13, 2024.
Firstcry IPO lot size is 32 Shares and the minimum order quantity is 1 Shares.