Brainbees Solutions (Firstcry) IPO Subscription Status: 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 is an Mainline IPO and Listed on NSE & BSE. Brainbees Solutions (Firstcry) IPO Price Band is Fixed at ₹[.] Equity Share. Brainbees Solutions (Firstcry) IPO Lot Size is [.] Shares.
Also Read: Brainbees Solutions IPO Details Today, Date, Price, GMP, Review
Brainbees Solutions (Firstcry) IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
27,036,953
52,19,04,896
19.30
Non Institutional Buyers (NIIs)
13,518,476
6,32,38,304
4.68
BNII
9,012,318
4,79,78,944
5.32
SNII
4,506,158
1,52,59,360
3.39
Retail Individual Buyers (RIIs)
9,012,317
2,08,16,224
2.31
Anchor Investors
4,05,55,428
4,05,55,428
1
Employee
71,258
4,68,000
6.57
Total
49,639,004
60,64,27,424
12.22
Brainbees Solutions (Firstcry) Subscription Status day-by-day-
Categories
6 Aug
7 Aug
8 Aug
QIB
0.00
0.03
19.30
NII
0.08
0.30
4.68
RII
0.48
1.08
2.31
Employee
1.86
3.54
6.57
Total
0.11
0.30
12.22
About IPO :
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.
Brainbees Solutions (Firstcry) holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
Brainbees Solutions (Firstcry) Review From MoneyMintIdea –
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