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Brainbees Solutions (FirstCry) IPO

Baby Products/E-commerce - Listed on 13 August 2024

+40.0% listing gain
Issue Price (Upper)
Rs 465
Listing Price
Rs 651
Closing Price (NSE)
Rs 679.1
Total Subscription
12.21x

Brainbees Solutions (FirstCry) IPO listing summary

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.

Listing day performance

Listing Gain (Open)
+40.00%
Listing Gain (Close)
+46.04%
Day Change After Listing
+6.04%
Retail Quota
10.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB19.30x
HNI / NII4.67x
Retail2.30x
Overall12.21x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.11x
Day 20.30x
Day 3 (Final)12.21x

Brainbees Solutions (FirstCry) IPO GMP history

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.

DayGMP (Rs)GMP %
Day 1Rs 98+13.33%
Day 2Rs 87+10.75%
Day 3Rs 60+8.17%
Day 4Rs 50+6.88%
Day 5Rs 32+10.75%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
6.9%-13.3%
IPOGyani AI Prediction
-
Actual Listing Gain
+40.0%

Issue & financials

Issue SizeRs 4,193.73 Cr
Fresh IssueRs 1,666 Cr
OFSRs 2,527.73 Cr
IPO PE34.41
Peer / Sector PE38.00
PE vs Sector Ratio0.91
Latest EBITDA (Cr)1.09
Debt / Equity-0.07

Market context at listing

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.

Nifty 3D Return-3.59%
Nifty 1W Return-3.14%
Nifty 1M Return-0.95%
Nifty during IPO window+1.01%

Brainbees Solutions (FirstCry) IPO - FAQs

What was the listing gain of Brainbees Solutions (FirstCry) IPO?

Brainbees Solutions (FirstCry) IPO listed at +40.0% versus the upper issue price of Rs 465 on 13 August 2024.

How many times was Brainbees Solutions (FirstCry) IPO subscribed?

Brainbees Solutions (FirstCry) IPO was subscribed 12.21x overall. QIB portion was subscribed 19.30x, HNI / NII 4.67x and Retail 2.30x.

What was the IPO GMP for Brainbees Solutions (FirstCry)?

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.

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