Brainbees Solutions IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 4193.73 Cr. The company is based in Pune and caters to Textiles sector. Bofa Securities India , Jm Financial , Kotak Mahindra Capital Company , Morgan Stanley India Company are the merchant bankers of Brainbees Solutions IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th April 2024.
Brainbees Solutions IPO open date is 6th August 2024 and close date is 8th August 2024. IPO Allotment Date is 9th August 2024 and Listing date is 13th August 2024.Brainbees Solutions IPO size is ₹ 4193.73 Cr. with IPO price of ₹ 465.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Bofa Securities India Limited is the book-running lead manager of the Brainbees Solutions IPO. Link Intime India Private Limited is the Registrar for Brainbees Solutions IPO.
Brainbees Solutions IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Brainbees Solutions IPO, based in Pune, operates in the Textiles sector with a focus on Baby kids personal care in the brand name - Firstcry. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Brainbees Solutions IPO size is ₹ 4193.73 Cr. with fresh issue size of ₹ 1666.00 Cr. and Offer for sale being ₹ 2527.73Cr.
The IPO allotment date for Brainbees Solutions IPO is expected to be 9th August 2024, after the finalization of basis of allotment. Investors can check Brainbees Solutions IPO allotment status on the registrars website, Link Intime India Private Limited . Brainbees Solutions IPO refund dates are 12th August 2024.
Brainbees Solutions IPO is expected to be listed on 13th August 2024.
The upper price band for the Brainbees Solutions IPO is set at ₹ 465.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Brainbees Solutions IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Brainbees Solutions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 8th August 2024. After submission, funds are blocked until the basis of allotment of Brainbees Solutions IPO is finalised.
The merchant banker for Brainbees Solutions IPO is Bofa Securities India Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited , Morgan Stanley India Company Private Limited . Bofa Securities India Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited , Morgan Stanley India Company Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Brainbees Solutions IPO RHP for further details.
The registrar for Brainbees Solutions IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Brainbees Solutions IPO through their official website or helpline.
Brainbees Solutions IPO was subscribed 12.22 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Brainbees Solutions IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Brainbees Solutions Financial Review Page
Merchant Banker(s) of Brainbees Solutions IPO: Bofa Securities India Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited , Morgan Stanley India Company Private Limited
Brainbees Solutions IPO subscription was 12.22 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Brainbees Solutions IPO listed at a listing price of 678.25 against the offer price of 465.00.
The current market price of Brainbees Solutions is 414.90.
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