Brainbees Solutions Limited (Ticker: TBA) is an online platform offering products for mothers, babies, and kids under the brand 'FirstCry'. The company will list on August 13, 2024, on the BSE and NSE. The firm is selling 90,187,690 shares at a price range of ₹440 to ₹465 per share.
The total offer size is ₹41,937.3 million (USD 499.73 million). The issue consists of a fresh issue of 35,827,957 shares and an offer for sale of 54,359,733 shares. The offering is managed by Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Pvt Ltd, Bofa Securities India Limited, JM Financial Limited, and Avendus Capital Pvt Ltd.
Founded in 2010, Brainbees Solutions features over 1.5 million SKUs from more than 7,500 brands. The company has expanded internationally, operating in regions such as India and the UAE, and employs 3,411 full-time employees and 2,475 contract employees.