Brainbees Solutions Limited
06 Aug 2024 – 08 Aug 2024
LISTED
Offer Price
₹440–465
Bid lot
32
Min Application
₹14,880
Issue Size
₹4,194 Cr
Key dates
Open date
06 Aug 2024
Done
Close date
08 Aug 2024
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
13 Aug 2024
Today
Issue reservation
₹4,194 CrQIB 50%Retail 35%5%
QIB
4.51 Cr sh · ₹2097.00 Cr
Retail
3.16 Cr sh · ₹1467.90 Cr
Employee
45.1 L sh · ₹209.70 Cr
BRLM: Kotak Mahindra Capital Company Limited · Morgan Stanley India Company Private Limited · BofA Securities India Limited · JM Financial Limited · Avendus Capital Private Limited.
Lot ladder — how much to bid
1 lot = 32 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
32 sh · ₹14,880
Max · 13 lots
416 sh · ₹1,93,440
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
448 sh · ₹2,08,320
Max · 67 lots
2,144 sh · ₹9,96,960
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
2,176 sh · ₹10,11,840
Entry point
₹10,11,840 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, BofA Securities India Limited, JM Financial Limited, Avendus Capital Private Limited.
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
11.99×
0×1×2×3×+
Oversubscribed
Book₹3,775 Cr
Subscribed₹45,241 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 4,50,96,774₹2,097 Cr | 87,03,67,738₹40,472 Cr | 19.30× |
| HNI | 1,35,29,032₹629.10 Cr | 6,33,15,871₹2,944 Cr | 4.68× |
| Retail | 3,15,67,742₹1,468 Cr | 7,29,21,484₹3,391 Cr | 2.31× |
| Employee | 45,09,677₹209.70 Cr | 2,96,28,581₹1,378 Cr | 6.57× |
| Total | 8,11,74,193₹3,775 Cr | 97,29,17,803₹45,241 Cr | 11.99× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 40,472.10 |
| HNI | 2,944.19 |
| Retail | 3,390.85 |
| Employee | 1,377.73 |
| Total | 45,240.68 |
Amounts at the upper band (₹465). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Brainbees Solutions Limited IPO?
One lot of 32 shares — ₹14,880 at the upper price band of ₹465.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2024-08-13 on NSE.