Brainbees Solutions (Firstcry) IPO Details, GMP Today, Listing date and Review

Dear investors check out here FirstCry IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. FirstCry IPO GMP today is ₹25. Brainbees Solutions (Firstcry) IPO listing date is Tuesday, August 13, 2024.

Brainbees Solutions IPO is open on Tuesday, August 6, 2024. and close on Thursday, August 8, 2024. Brainbees Solutions IPO total issue size is 90,187,690 shares (aggregating up to ₹4,193.73 Cr), and Brainbees Solutions IPO price is ₹465 per share. The IPO will be listed on BSE and NSE. Brainbees Solutions Limited IPO listing on Tuesday, August 13, 2024.

Brainbees Solutions(Firstcry.com)IPO Date

  • IPO Open Date: Tuesday, August 6, 2024
  • IPO Close Date: Thursday, August 8, 2024
  • Basis of Allotment: Friday, August 9, 2024
  • Initiation of Refunds: Monday, August 12, 2024
  • Credit of Shares to Demat: Monday, August 12, 2024
  • Listing Date: Tuesday, August 13, 2024
  • Cut-off time for UPI mandate confirmation: 5 PM on August 8, 2024

Brainbees Solutions Limited About

Brainbees Solutions is the company behind India’s popular online store, FirstCry. Started in 2010, FirstCry has become a go-to place for parents looking for everything from baby clothes and toys to diapers and maternity wear.

They offer a huge selection of products, including their own brands and popular international labels. With over a million different items to choose from, FirstCry aims to be a one-stop shop for all parents’ needs.

The company has built a strong reputation for trust and quality, especially with its own brand, BabyHug, which is now India’s top-selling brand for baby and kids’ products. FirstCry has also expanded its reach to the UAE and has a large team of employees working to meet the needs of parents across the country.

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Firstcry.com Financial Information

Brainbees Solutions Limited’s financial performance improved in fiscal year 2024 compared to the previous year. The company’s revenue grew by 14.72% to ₹6,575.08 crore from ₹5,731.28 crore in fiscal year 2023. Profit after tax (PAT) also saw a significant increase of 33.85%, rising from ₹-486.06 crore in fiscal year 2023 to ₹-321.51 crore in fiscal year 2024.

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Brainbees Solutions IPO GMP Today Price | Gray Markets Price Today

As Per the last update on August 07, 2024, at 11:00 AM, the latest GMP (Gray Markets Price) for Brainbees Solutions IPO is ₹25. The base price of the IPO is ₹465.00, with an estimated listing price of ₹490 (5.38%) (cap price + today’s GMP). This suggests an expected profit/loss per share of 5.38%.

Brainbees Solutions IPO GMP Today

Date GMP Price Kostak Subject to
8 August 2024 ₹  ₹465.00 ₹3100 ₹46200
7 August 2024 ₹25 ₹465.00 ₹600 ₹8400
6 August 2024 ₹32 ₹465.00 ₹800 ₹11200

 

Brainbees Solutions IPO Review

Several financial firms have given their recommendations for the Brainbees Solutions (Firstcry) IPO:

  • Apply” recommendation:
    • AUM Capital Ltd
    • Canara Bank Securities Ltd
    • DRChoksey FinServ Pvt Ltd
    • Marwadi Shares and Finance Ltd
    • Nirmal Bang
    • Sushil Finance Ltd
    • Ventura Securities Limited
  • “May Apply” recommendation:
    • Dilip Davda
    • Hem Securities
    • Indsec Securities
    • SBICAP Securities Limited
  • “Neutral” view:
    • Capital Market
    • SMC Global
    • Swastika Investmart Ltd
  • “Not Rated”:
    • Ashika Research
    • Emkay Global
    • IDBI Capital
    • Sharekhan Limited

Brainbees Solutions (Firstcry) IPO Review Summary from Brokers and Analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 7 4 3 0 4
% 38.89 22.22 16.67 0.00 22.22

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