Brainbees Solutions IPO: What You Need to Know

The Rs 4,193.73 crore IPO of Brainbees Solutions, the parent company of Firstcry, opens today, August 6, at a price range of Rs 440-465 per share. The issue includes a fresh share offering of Rs 1,666 crore and an offer-for-sale of Rs 2,490.52 crore. The proceeds will fund new stores, acquisitions, and general purposes. Before the IPO, the company raised Rs 1,885.8 crore through an anchor book. Despite a net loss of Rs 321.51 crore for FY 2024, Firstcry is a leading online retailer for baby and kids' products. The IPO is available for subscription until August 8.



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