BRAINBEES SOLUTIONS LIMITED INITIAL PUBLIC OFFERING TO OPEN ON TUESDAY, AUGUST 06, 2024 PRICE BAND FIXED AT Rs. 440 - 465 PER SHARE

Mr. Supam Maheshwari (Managing Director And Chief Executive Officer, Brainbees Solutions Limted – FirstCry) at the press conference in connection to Brainbees Solutions Limted’s (FirstCry) Initial Public Offering (IPO)

(L-R) – Mr. Debasish Purohit (Managing Director & Co Head Of India Investment Banking, Bofa Securities India Limited), Mr. Kamal Yadav (Managing Director & Co Head Of India Investment Banking, Morgan Stanley India Company Private Limited), Mr. Gautam Sharma (Chief Financial Officer, Brainbees Solutions Limted – Firstcry), Mr. Supam Maheshwari, (Managing Director And Chief Executive Officer, Brainbees Solutions Limted – FirstCry), Mr. Jayasankar Venkatraman (Managing Director & Member Of The Board, Kotak Mahindra Capital Company Limited), Mr. Pranay Jain (Managing Director, Avendus Capital Private Limited) and Mr. Abhishek Bhagat (Managing Director, JM Financial Limited) at the press conference in connection to Brainbees Solutions Limted’s (FirstCry) Initial Public Offering (IPO) held in Mumbai.

MUMBAI, AUGUST 01, 2024 (TGN): firstcry.com Parent Brainbees Solutions Limited proposes to open its initial public offering (“IPO”) on Tuesday, August 6, 2024. Bid/ Offer Closing Date will be Thursday, August 8, 2024. Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, that is, Monday, August 5, 2024.

The Price Band of the Offer has been fixed from Rs. 440 per Equity Share to Rs. 465 per Equity Share. Bids can be made for a minimum of 32 Equity Shares and in multiples of 32 Equity Shares thereafter.

The Offer comprises of a Fresh Issue of equity shares aggregating up to Rs. 16,660.00 million (the “Fresh Issue”) and an offer for sale of up to 54,359,733 equity shares of face value Rs. 2 (the “Offer for Sale”). The Offer for Sale comprises of up to 46,814,458 Equity Shares of face value ₹ 2 each by corporate selling shareholders and up to 7,545,275 Equity Shares of face value ₹ Rs. 2 each by individual selling shareholders.

The Offer includes a reservation of certain equity shares of face value of Rs. 2 each, aggregating up to Rs. 30.00 million for subscription by eligible employees (“Employee Reservation Portion”). The offer less the Employee Reservation Portion is hereinafter referred to as the “Net Offer”.

The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”). The company has received in-principle approvals from BSE and NSE for the listing of the Equity Shares pursuant to their letters, each dated May 16, 2024.

Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, BofA Securities India Limited, JM Financial Limited and Avendus Capital Private Limited are the book running lead managers (“Book Running Lead Managers” or “BRLMs”) to the Offer.

Red Herring Prospectus is available on the website of SEBI at www.sebi.gov.in, the respective websites of the BRLMs and the company at www.morganstanley.com, www.investmentbank.kotak.com, www.ml-india.com, www.jmfl.com, www.avendus.com and www.firstcry.com. Respectively.

RHP Link: https://investmentbank.kotak.com/downloads/brainbees-solutions-limited-II-RHP.pdf