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Brainbees Solutions Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Brainbees Solutions Ltd IPO

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 (Rs)465.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :32  Further Multiples of :32

  (Rs Cr) Lead Managers to the Issue
Project Cost 1601.74
Avendus Capital Pvt Ltd
Project Financed through Current Offer 4193.73  
Post Issue Equity Share Capital 103.84  
Issue Price (Rs)465.00  
 
Projects
Setting up New Modern StoresSetting up warehouse(s) KSA
Setting up a WarehouseInvestment in its subsidiary globalbees brand towards acquisition of additional stake in its indirect subsidiaries
Lease payment for its existing identified modern storesSales and marketing intiatives
Investment in its Subsidiary Firstcry Trading for overseas expansion by Bellow:Technology and data science cost including cloud and server hosting related costs
Setting up new modern stores in KSAFunding inorganic growth through acquisition and other strategic intiatives and general corporate purposes
Promoted By
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd 
No Data Found.