Brainbees Solutions(Firstcry) IPO
Brainbees Solutions Ltd
₹14,080 /32 sharesMinimum Investment
Brainbees Solutions(Firstcry) IPO Listing Details
Listed On | Issue Price | Listing Price | Listing Gains |
---|
-- | ₹465.00 | ₹651.00 | ₹186.00 (40.00%) |
Brainbees Solutions(Firstcry) IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
---|
6 Aug ‘24 - 8 Aug ‘24 | ₹14,080 | 32 | ₹440 - ₹465 |
Issue Size | IPO Doc |
---|
4193.73Cr | |
Qualified Institutional Buyers | 17.15x |
Non-Institutional Investor | 4.05x |
Retail Individual Investor | 2.06x |
Employees | 6.16x |
Total | 10.83x |
Firstcry operates as a retail platform dedicated to products for mothers, babies, and children. The company utilises a retail strategy in India that encompasses online sales, company-owned contemporary stores, franchise-owned stores, and traditional retail distribution. Firstcry's product range includes items from third-party Indian brands, international brands, and their own in-house brands. Leveraging the experience of its management team, Firstcry assists both Indian and global direct-to-consumer (D2C) brands in expanding their presence across different modern retail channels within the Indian market.;
Managing director
Mr. Supam Maheshwari
Parent organisation
Brainbees Solutions Ltd
Strengths & Financials of Brainbees Solutions(Firstcry)
Firstcry has expanded its international footprint by establishing operations in the UAE and Saudi Arabia in 2019 and 2022, respectively.
The integrated FirstCry platform caters to three critical parenting needs: shopping, community engagement, and education. This multi-channel approach spans online platforms, contemporary storefronts, and general trade retail across India, with extended online services in the UAE and Saudi Arabia.
Through the Edubees Educational Trust, Firstcry owns and manages multiple pre-schools across India. The brand further extends its educational reach through a network of franchised pre-schools.
On its platform, Firstcry offers an extensive selection of over 1.5 million store keeping units (SKUs), sourced from more than 7,500 brands, encompassing local and global names as well as in-house brands.
In India, Firstcry's retail presence includes 1,018 modern stores under the FirstCry and BabyHug brands, spread over 508 cities across 28 states and five Union Territories.
The company has seen a consistent increase in its revenue from operations, increasing from Rs 1,602.85 crore in FY21 to Rs 2,401.29 crore in FY22 to Rs 5,632.54 crore in FY23.
Brainbees Solutions(Firstcry) Financials
*All values are in Rs. Cr
Application Details of Brainbees Solutions(Firstcry) IPO
Apply as | Price band | Apply upto |
---|
Regular | ₹440 - 465 | ₹2 Lakh |
Employee | ₹396 - 421 | ₹2 Lakh |
High Networth Individual | ₹440 - 465 | ₹2 - 5 Lakh |
For Brainbees Solutions(Firstcry) IPO, eligible investors can apply as Regular & Employee.