Brainbees Solutions (Firstcry) IPO

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Subscription opens on August 6, 2024, and closes on August 8, 2024.

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Basis of Allotment on August 9, 2024; Listing on August 13, 2024.

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Price bands for Brainbees Solutions (Firstcry) IPO to be announced.

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The issue is entirely an offer for sale of 1,816 crore shares.

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Founded in 2010, Brainbees Solutions operates 'Firstcry' platform for mothers, babies, and kids.

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Promoters of Ceigall India: Ramneek Sehgal, Ramneek Sehgal and Sons HUF, and RS Family Trust, holding 99.99% pre-issue.

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Product Range: Offers apparel, footwear, baby gear, nursery items, toys, and personal care products.

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FY 2023 revenue was ₹5,731.28 crores with a PAT of -₹486.06 crores.

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Key House Brands: BabyHug, Pine Kids, Cute Walk by BabyHug, and Babyoye.

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