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Brainbees Solutions Limited IPO

Brainbees Solutions Limited IPO was engaged in they are India's biggest retail platform for moms, babies, and kids, based on sales value for the financial year 2024, as per the RedSeer Report. They also have a growing presence in some international markets. In India, they sell products for moms, babies, and kids through their website, their own stores, franchise stores, and general retail distribution. They named their platform “FirstCry” because they believe a baby’s first cry is a special moment for parents. They want to make these moments of parenting joyful. Their goal is to build a strong, emotional, long-term relationship with parents, especially mothers, starting from their baby's birth.

Objects of this Issue:

• Expenses of the Company for: (I) establishment of new modern stores under the "BabyHug" brand; and (II) establishment of a warehouse in India;
• Expenditure on lease payments for existing identified modern stores owned and operated by the Company in India
• 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.

Financial Information of the Company:

	Amount in Million (Rs.)
	As on 31 Mar 2024	As on 31 Mar 2023	As on 31 Mar 2022
Total Assets	75,103.83	71,198.27	61,971.63
Total Liabilities	37,189.3	29,201.35	19,091.22
Net Profit	(3,215.07)	(4,860.56)	(786.85)

Brainbees Solutions Limited IPO Schedule

1.     Bid or Offer Opens on: 06 August 2024
2.     Bid or Offer Closes on: 08 August 2024
3.     Finalization of BoA: 09 August 2024
4.     Initiation of Refunds: 12 August 2024
5.     Credit of share to Demat account: 12 August 2024
6.     Listing Date: 13 August 2024

Brainbees Solutions Limited IPO Lot Size

The market lot size of the BRAINBEES SOLUTIONS LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Company Contact Details:

Brainbees Solutions Limited IPO

Rajashree Business Park, Survey No. 338, Next to

Sohrabh Hall, Tadiwala Road, Pune 411 001,

Maharashtra, India

Phone:  (+91) 84829 89157

Email:  companysecretary@firstcry.com

Website:  www.firstcry.com

Brainbees Solutions Limited IPO Registrar Details:

Link Intime India Private Limited

C-101, 1st Floor, 247 ParkLal Bahadur Shastri Marg,

Vikhroli (West) Mumbai 400 083 Maharashtra

Phone: 91 810 811 4949

Email:   

Website: www.linkintime.co.in