Brainbees Solutions (Firstcry) is India’s largest multi-channel retailing platform for Mothers’, Babies’ and Kids’ products, in terms of GMV, for the Financial Year 2024, according to the RedSeer Report, with a growing presence in select international markets. In India, they sell Mothers’, Babies’ and Kids’ products through their online platform, company-owned modern stores, franchisee-owned modern stores and general trade retail distribution.
The Company does not have an Identifiable Promoter.
Financially, Brainbees Solutions (Firstcry) revenue jumped from ₹25,169.16 Millions in FY22 to ₹57,312.76 Millions in FY23 and currently jumped to ₹65,750.81 Millions in FY24. But, EBITDA declined from ₹-182.01 Millions in FY22 to ₹-2,629.04 Millions in FY23 and currently climbed at ₹704.91 Millions in FY24. Similarly, the PAT also declined from ₹-786.85 Millions in FY22 to ₹-4860.56 Millions in FY23 and currently declining at ₹-3,215.07 Millions in FY24. This indicates a financial performance.
For the Brainbees Solutions (Firstcry) IPO, the company is issuing shares at a pre-issue EPS of ₹-6.20 and a post-issue EPS of ₹-5.28. The pre-issue P/E ratio is -75.00x, while the post-issue P/E ratio is -88.06x. These metrics suggest that the IPO is fully priced.
The Grey Market Premium (GMP) of Brainbees Solutions (Firstcry) indicates potential listing gains of 5% - 10%. Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid the Brainbees Solutions (Firstcry) Limited IPO for Listing gain or long term investment purposes.
The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Eligibility Check – Our experts assess your business and required documents. | 1 Day |
| 2 | Document Collection & Preparation – You share scanned copies; we prepare the application. | 1–2 Days |
| 3 | Online Application Submission – Filing GST REG-01 on GST portal. | 1 Day |
| 4 | ARN Generation & Verification – Acknowledgment number generated and verified. | 1 Day |
| 5 | GST Officer Review – Department may seek clarification if required. | 2–3 Days |
| 6 | GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. | 3–5 Days Total |
Estimated Total Duration: 3–5 Working Days
The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Eligibility Check – Our experts assess your business and required documents. | 1 Day |
| 2 | Document Collection & Preparation – You share scanned copies; we prepare the application. | 1–2 Days |
| 3 | Online Application Submission – Filing GST REG-01 on GST portal. | 1 Day |
| 4 | ARN Generation & Verification – Acknowledgment number generated and verified. | 1 Day |
| 5 | GST Officer Review – Department may seek clarification if required. | 2–3 Days |
| 6 | GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. | 3–5 Days Total |
Estimated Total Duration: 3–5 Working Days
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