FirstCry IPO’s (Brainbees Solutions Ltd.) share allotment status is expected to be finalised on Friday, August 9, after a successful subscription. The mainboard public offer was open for bidding from August 6 to August 8.

Shares of Brainbees Solutions Ltd. will be listed on the NSE and BSE. The tentative IPO listing date has been fixed as August 13.

FirstCry IPO was booked 12.22 times on the last day of bidding on Thursday with applications for 60.64 crore shares, compared to the 4.96 crore shares on offer. The retail portion was booked 2.31 times, while the Non-Institutional Investors’ (NIIs) category was subscribed 4.68 times. The Qualified Institutional Buyers’ (QIBs) portion was booked 19.3 times. The issue was also booked 6.57 times in the Employees’ category.

The investors, who participated in the Firstcry IPO subscription, can check the share allotment status on the websites of the NSE, BSE and the IPO registrar Link Intime India Pvt Ltd.

Steps to check Firstcry IPO allotment status on the BSE website

1. Go to the BSE IPO Allotment Status page:
   
   https://www.bseindia.com/static/investors/application_statuschecksystem.aspx

2. Choose ‘Equity’ from the issue type.

3. Select ‘FirstCry’ from the ‘Issue Name’ drop-down menu.

4. Type in your IPO application number or PAN.

5. Click ‘Search’ to display your share allotment details.Similarly Firstcry IPO share allotment status can also be checked on the NSE website using PAN and application number.Steps to check Firstcry IPO allotment status on Registrar’s website

1. Go to the Link Intime India Pvt Ltd website.

2. Choose  ‘FirstCry’ from the drop-down menu.

3. Select any one of the following options: PAN, Application number, DP/Client ID, or Account No/IFSC.

4. Enter the required details to display the share allotment status and details.

FirstCry IPO details

 FirstCry IPO, worth ₹4,193.73 crore, was a book-building offer comprising a fresh issue of 3.58 crore shares, aggregating to ₹1,666 crore, along with an offer for sale of 5.44 crore shares, amounting to ₹2,527.73 crore.

The IPO price band was fixed at ₹440 to ₹465 per share. The minimum lot size for retail investors was fixed at 32 shares,  amounting to a minimum investment of ₹14,880.

Brainbees Ltd. plans to use the proceeds of the public issue for establishing new stores under the “BabyHug” brand and for establishing a warehouse in India. The company will also use the proceeds of the public issue for funding lease payments for existing identified stores.

A portion of the proceeds will also be invested for setting up new under the FirstCry brand and other house brands. The money will also be invested in the company’s subsidiary FirstCry Trading.

Brainbees Solutions Ltd. was founded in 2010. The company offers products for mothers, babies and kids through its online platform Firstcry.com. The company offers products from Indian third-party brands, global brands, and its own brands on its ecommerce platform.