Brainbees Solutions Limited IPO
Brainbees Solutions Limited was a mainboard IPO in the E-Retail/ E-Commerce sector, offered at ₹440–₹465 per share to raise ₹2,528 crore. The issue was subscribed 12.22× overall (QIBs 19.3×, NIIs 4.68×, retail 2.31×). It listed on 13 Aug 2024 at ₹651 and closed its first day at ₹679, a listing gain of +46.0% versus the ₹465 issue price. It now trades around ₹158 (-66.1% versus the issue price).
Frequently asked questions
- How many times was the Brainbees Solutions Limited IPO subscribed?
- The Brainbees Solutions Limited IPO was subscribed 12.22× overall — 19.3× in the QIB category, 4.68× among non-institutional investors, 2.31× in retail.
- What were the Brainbees Solutions Limited IPO listing gains?
- Brainbees Solutions Limited listed on 13 Aug 2024 at ₹651, closing its first day at ₹679 — a listing gain of +46.0% versus the ₹465 issue price.
- What were the retail allotment odds for the Brainbees Solutions Limited IPO?
- Retail was subscribed 2.31×, so a single-lot application had roughly a 43.3% chance of allotment (about 1 in 2), and allotment was finalised on 9 Aug 2024.
- What was the price band and lot size of the Brainbees Solutions Limited IPO?
- The price band was ₹440–₹465 per share, with a minimum lot of 32 shares (₹14,880 at the upper band).
- Who were the registrar and lead manager for the Brainbees Solutions Limited IPO?
- Link Intime India Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.