Brainbees Solutions Ltd.
Industry:
e-Commerce
Issue Details
Open Date
06 Aug 2024Close Date
08 Aug 2024Size (in Crs.)
2308.21
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-25Lot Size
32
Type
Book building
Face Value
2
Market Lot
1
Objective of the Issue
1. Expenditure by our Company for: (i) setting up new modern stores under the “BabyHug” brand; and(ii) setting up a warehouse, in India;2. Expenditure for lease payments for our existing identified modern stores owned and operated by ourCompany, in India;3. Investment in our Subsidiary, Digital Age for: (i) setting up new modern stores under the FirstCry brandand other home brands of our Company; and (ii) lease payments for our existing identified modern stores owned and controlled by Digital Age, in India;4. Investment in our Subsidiary, FirstCry Trading for overseas expansion by: (i) setting up new modernstores; and (ii) setting up warehouse(s), in KSA;5. Investment in our Subsidiary, Globalbees Brands towards acquisition of additional stake in our stepdown Subsidiaries;6. Sales and marketing initiatives;7. Technology and data science cost including cloud and server hosting related costs; and8. Funding inorganic growth through acquisition and other strategic initiatives and general corporatepurposes.
Description
We are India’s largest multi-channel retailing platform for Mothers’, Babies’ and Kids’ products, in terms ofGMV, for the year ending December 2022, according to the RedSeer Report, with a growing presence in selectinternational markets. In India, we sell Mothers’, Babies’ and Kids’ products through our online platform,company-owned modern stores, franchisee-owned modern stores and general trade retail distribution. Show More
Address
Rajashree Business Park, Survey No. 338 , Next To Sohrabh Hall , Tadiwala Road
Pune
411001
Promoter Holding
Promoters:
Total Share Capital
-
Offered to Public
-
% Promoter's Holding (Pre-Issue)
-
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
-
Of above offred to public
-
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
Avendus Capital Pvt Ltd., BofA Securities India Ltd., JM Financial Ltd., Kotak Mahindra Capital Co Ltd, Morgan Stanley India Co Pvt Ltd
Registrar Details
Registrar Name:
MUFG Intime India Pvt Ltd.
Address
C 101, 247 Park , L B S Marg , Vikhroli (West) , Mumbai
400083