FirstCry IPO
FirstCry IPO — date, price band, lot size & details 2024
FirstCry listed on 13 Aug 2024 at ₹651, 40% above the ₹465 issue price.
Brainbees Solutions runs FirstCry, India's largest multi-channel retailing platform for mothers', babies' and kids' products, plus own brands and stores. Its total income was Rs 6,575.08 crore in FY2024.
Stock price
FirstCry is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 11 November.
- Open 06 Aug 2024
- Close 08 Aug 2024
- Allotment 09 Aug 2024
- Refund/credit 12 Aug 2024
- Listing 13 Aug 2024
Issue summary
The terms of the offer, as filed.
| IPO Dates | 6 to 8 Aug, 2024 |
|---|---|
| Price Band | ₹440 – ₹465 |
| Face Value | ₹2 |
| Lot Size | 32 Shares |
| Issue Size | ₹4193.73 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Employee Discount | Rs 44.00 per share |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,880 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 32 shares at the ₹465 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 32 | ₹14,880 |
| Retail (max) | 13 | 416 | ₹1,93,440 |
| S-HNI (min) | 14 | 448 | ₹2,08,320 |
| S-HNI (max) | 67 | 2,144 | ₹9,96,960 |
| B-HNI (min) | 68 | 2,176 | ₹10,11,840 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Total income rose from Rs 2,516.92 crore in FY2022 to Rs 6,575.08 crore in FY2024.
- 02The loss narrowed from Rs 486.06 crore in FY2023 to Rs 321.51 crore in FY2024.
- 03It is India's largest multi-channel retailing platform for mothers', babies' and kids' products, for children up to age 12.
- 04Rs 1,666.19 crore of the issue was fresh capital for stores and expansion.
- 05Net worth was Rs 3,170.74 crore on 31 March 2024.
Risks · 5
- 01The company made losses in every year shown, including Rs 321.51 crore in FY2024.
- 02With losses, the P/E was negative, and the market value at Rs 465 was Rs 24,141.75 crore.
- 03Rs 2,527.54 crore of the Rs 4,193.73 crore issue was offer for sale.
- 04Retail is competitive, and lease costs for stores are high, with fresh money set aside for lease payments. Borrowing was Rs 462.72 crore.
- 05The company has no identifiable promoter, and net worth fell from Rs 3,527.94 crore on 31 March 2022 to Rs 3,170.74 crore on 31 March 2024.
Three years of numbers
All figures in ₹ crore, as reported in the FirstCry offer document.
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 7,510.38 | 7,119.83 | 6,197.16 |
| Total Income | 6,575.08 | 5,731.28 | 2,516.92 |
| Profit After Tax | -321.51 | -486.06 | -78.69 |
| NET Worth | 3,170.74 | 3,456.26 | 3,527.94 |
| Total Borrowing | 462.72 | 176.47 | 90.16 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the FirstCry RHP.
Where the money goes
₹1,601.74 Cr of the issue is earmarked to named objects.
About the company
It offers apparel, footwear, baby gear, nursery, diapers, toys and personal care for children up to age 12, from Indian third-party brands, global brands and its own brands such as BabyHug, through online and modern store channels.
In Saudi Arabia it is the largest online-first mothers', babies' and kids' products retail platform. The company has no identifiable promoter.
The IPO was Rs 4,193.73 crore, with Rs 1,666.19 crore of fresh issue and Rs 2,527.54 crore of offer for sale by investors. Fresh money was planned for new FirstCry and BabyHug stores, lease payments, warehouses and overseas expansion in Saudi Arabia.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
JM Financial Ltd.
125 issues handledBest listing: Tata Technologies (+140.0%). Weakest: ACME Solar Holdings (-13.1%).
Avendus Capital
8 issues handledBest listing: ICICI Prudential AMC (+20.1%). Weakest: Symbiotec Pharmalab (0.0%).
Kotak Mahindra Capital Company Limited
93 issues handledBest listing: Premier Energies (+120.0%). Weakest: Rategain Travel Technologies (-15.3%).
Bofa Securities India Limited
25 issues handledBest listing: Tata Technologies (+140.0%). Weakest: SBI Cards (-12.5%).
Morgan Stanley India Co. Pvt. Ltd
16 issues handledListing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of FirstCry?
The current Grey Market Premium is ₹95, or 20% over the issue price.
What is the FirstCry IPO price band?
₹440 to ₹465, on a face value of ₹2.
When is the allotment?
The basis of allotment is 9 August 2024, with listing on 13 August 2024.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
