Baby Products/E-commerce - Listed on 13 August 2024
Brainbees Solutions (FirstCry) (Baby Products/E-commerce) closed its IPO window in 2024 and listed on NSE and BSE on 13 August 2024 at an upper band issue price of Rs 465, opening at Rs 651 for a listing gain of +40.0% and closing day one at Rs 679.1 (+46.0% on closing basis). The IPO was subscribed 12.21x overall - QIB 19.30x, HNI/NII 4.67x, Retail 2.30x. The total issue size was Rs 4,193.73 Cr (Fresh Issue Rs 1666 Cr, OFS Rs 2527.73 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Baby Products/E-commerce
Brainbees Solutions (FirstCry) operates in the Baby Products/E-commerce space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Brainbees Solutions (FirstCry) issue was offered at an upper price of Rs 465 and raised approximately Rs 4,193.73 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 98 | +13.33% |
| Day 2 | Rs 87 | +10.75% |
| Day 3 | Rs 60 | +8.17% |
| Day 4 | Rs 50 | +6.88% |
| Day 5 | Rs 32 | +10.75% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the Brainbees Solutions (FirstCry) IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Brainbees Solutions (FirstCry) IPO listed at +40.0% versus the upper issue price of Rs 465 on 13 August 2024.
Brainbees Solutions (FirstCry) IPO was subscribed 12.21x overall. QIB portion was subscribed 19.30x, HNI / NII 4.67x and Retail 2.30x.
IPO GMP started at Rs 98 on Day 1 and moved to Rs 32 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.