Brainbees Solutions (Firstcry) IPO Allotment Status Online: Brainbees Solutions (Firstcry) IPO is Open on 6 August 2024 and Close on 8 August 2024. Brainbees Solutions (Firstcry) IPO to Raise 90,187,690 shares (Approx ₹4,193.73 Cr) via IPO. The Fresh Issue of 35,827,957 shares (Approx ₹1,666.00 Cr) and The Offer For Sale is 54,359,733 shares of ₹2 (Approx ₹2,527.73 Cr).
- The Retail Quota is 10%
- QIB is 75%
- NII is 15%
Brainbees Solutions (Firstcry) IPO Basis of Allotment Status on 9 August 2024. Brainbees Solutions (Firstcry) IPO Refund Date is 12 August 2024 and Brainbees Solutions (Firstcry) IPO Credit to Demat on 12 August 2024.
Also Read: Brainbees Solutions IPO Details Today, Date, Price, GMP, Review
Brainbees Solutions (Firstcry) IPO Allotment Link Online
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Linktime Allotment Link
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IPO Allotment Status Link
About –
Brainbees Solutions (Firstcry) are India’s largest multi-channel retailing platform for Mothers’, Babies’ and Kids’ products GMV.In India, we sell Mothers’, Babies’ and Kids’ products through our online platform, company-owned modern stores, franchisee-owned modern stores and general trade retail distribution. we are the largest specialist online Mothers’, Babies’ and Kids’ Product retail platforms in UAE, in terms of GMV,
We offer products from third-party Indian brands, global brands, and our home brands . BabyHug, one of FirstCry’s home brands, is the largest multi-category Mothers’, Babies’, and Kids’ products GMV brand in India .
Our multi-channel retailing platform includes FirstCry’s online platform accessible through our mobile application and website, FirstCry modern stores comprising franchisee-owned, franchisee-operated modern stores (“FOFO”), company-owned and company-operated modern stores (“COCO”) as well as general trade retail distribution. More than 1.5 million SKUs from over 7,500 brands, including third-party Indian brands, global brands, and our home brands.
Our FirstCry mobile application in India had been downloaded more than 120 million times, 97 million times, 70 million times and 48 million times in 2023.We have a network of 1,018 FirstCry and BabyHug modern stores in 508 cities in 28 states and five union territories across India with over 1.99 million square feet of retail space in Year 2023.
We have no identifiable promoter. We maintain robust governance practices, which we believe have been critical to supporting the growth of our business. Our management team is guided by a strong Board, which has included representatives of our significant shareholders, and Independent Directors. Significant strategic decisions have been taken with the guidance and approval of our Board of Directors, a majority of whom are presently Independent Directors, and after consultation with our significant shareholders.
