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Firstcry IPO (Brainbees Solutions) Fundamental analysis, GMP

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Firstcry IPO (Brainbees Solutions) Fundamental analysis, GMP

Must konw about firstcry IPO before buy check today GMP, isuue dates, fundamentals analysis of Brainbees Solutions share price.

Brainbees Solutions Ltd, the parent company of Firstcry, has announced its Initial Public Offering (IPO) from August 6 to August 8, 2024. With a minimum investment of ₹14,080 for 32 shares, this IPO presents a significant opportunity for investors, especially given the company's strong market presence and consistent financial growth.

Firstcry IPO Details

  • Firstcry IPO release date or bidding date: August 6 - August 8, 2024
  • Firstcry minimum investment amount: ₹14,080
  • Firstcry Lot Size: 32 shares
  • Firstcry Price Range: ₹440 - ₹465 per share

About Brainbees Solutions (Firstcry)

Founded in 2010, Firstcry operates as a retail platform dedicated to products for mothers, babies, and children. The company has successfully implemented a digital strategy in India that includes online sales, company-owned contemporary stores, and franchises. Under the leadership of Managing Director Mr. Supam Maheshwari, Brainbees Solutions Ltd has grown to become a leading name in the baby products retail sector.

Strengths and Financials

▽ Strengths of Firstcry

  1. International Expansion: Firstcry has expanded its international footprint by establishing operations in the UAE and Saudi Arabia in 2019 and 2022, respectively.
  2. Multi-channel Approach: The integrated Firstcry platform caters to shopping, community engagement, and education. This approach spans online platforms, contemporary storefronts, and general trade retail across India, with extended online services in the UAE and Saudi Arabia.
  3. Educational Trust: Through the Edubess Educational Trust, Firstcry owns and manages multiple pre-schools across India, further extending its educational reach through a network of franchised pre-schools.
  4. Extensive Product Range: Firstcry offers an extensive selection of over 1.5 million store keeping units (SKUs), sourced from more than 7,500 brands, encompassing local and global names as well as in-house brands.
  5. Retail Presence: In India, Firstcry's retail presence includes 1,018 modern stores under the Firstcry and Babyhug brands, spread over 508 cities across 28 states and five Union Territories.
  6. Consistent Revenue Growth: The company has seen a consistent increase in its revenue from operations, increasing from ₹1,602.85 crore in FY21 to ₹2,401.29 crore in FY22 to ₹5,632.54 crore in FY23.

▽ Financials of Firstcry's parent company Brainbees Solutions

  • Firstcry revenue: Significant increase in revenue from ₹1,602.85 crore in FY to ₹5,632.54 crore in FY17.
  • Total Assets: Good growth in assets of ₹4078 crore in 2021 to ₹7120 crore in 2023.
  • Firstcry Profit: Firstcry has maintained a strong profit trajectory, contributing to its attractiveness for potential investors.

Application Details Firstcry

Investors can apply for the IPO in three categories: Regular, Employee, and High Networth Individual (HNI).

  1. Regular: Price band ₹440 - ₹465, apply up to ₹2 lakh.
  2. Employee: Price band ₹396 - ₹421, apply up to ₹2 lakh.
  3. HNI: Price band ₹440 - ₹465, apply from ₹2 - ₹5 lakh.

Eligible investors can apply as Regular or Employee applicants, ensuring a broad range of participation options.

FirstCry GMP Today

As of today, the Grey Market Premium (GMP) for Brainbees Solutions Ltd IPO is an essential indicator for investors. GMP reflects the premium at which the IPO shares are trading in the grey market. Currently, the GMP for Brainbees Solutions Ltd IPO is trending positively, indicating strong investor interest and confidence in the company's future performance. Keeping an eye on GMP trends can provide valuable insights into potential listing gains.

Final Conclusion of Brainbees Solutions (Firstcry) IPO

The Brainbees Solutions (Firstcry) IPO presents a promising investment opportunity with its robust business model, extensive market presence, and consistent financial growth. The company's strategic international expansion and diversified product range further bolster its attractiveness to investors. By participating in this IPO, investors can potentially benefit from Firstcry's future growth and expansion plans.

Top Brainbees Solutions (Firstcry) IPO FAQs

1. What is the issue size of Brainbees Solutions Ltd IPO?

The issue size of the Brainbees Solutions Ltd IPO is ₹4193.73 crore.

2. What is 'pre-apply' for Brainbees Solutions Ltd IPO?

Pre-apply allows you to apply for the Brainbees Solutions Ltd IPO 2 days before the subscription period starts.

3. If I pre-apply for Brainbees Solutions Ltd IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Brainbees Solutions Ltd IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

4. What should I do if my UPI PIN is blocked?

If your UPI PIN is blocked, use your UPI app to reset it. Follow the app's prompts to create a new PIN.

5. When will I know if my Brainbees Solutions Ltd IPO order is placed?

You will be notified when your Brainbees Solutions Ltd IPO order is placed with the exchange.

6. What are the open and close dates of the Brainbees Solutions Ltd IPO?

Brainbees Solutions Ltd IPO will be open between August 6, 2024, and August 8, 2024.

7. What is the lot size and minimum order quantity of the Brainbees Solutions Ltd IPO?

Brainbees Solutions Ltd IPO lot size is 32 shares, and the minimum order quantity is 448 shares.

8. What is the allotment date for the Brainbees Solutions Ltd IPO?

The allotment date for the Brainbees Solutions Ltd IPO is August 9, 2024. You can check the allotment status on the website of the registrar, Link Intime India Pvt Ltd.

9. Who is the registrar of Brainbees Solutions Ltd IPO?

For Brainbees Solutions Ltd, the IPO registrar is Link Intime India Pvt Ltd. You can check Brainbees Solutions Ltd IPO allotment status on the website of the registrar.

10. Where is the Brainbees Solutions Ltd IPO getting listed?

The shares are proposed to be listed on the BSE and NSE.

Disclaimer

The information provided on this article is for general information purposes only and is not a substitute for professional advice. before investing it's recommended to consult with a qualified IPO professional.

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