Brainbees Solutions proposed to open its initial public offering (IPO) on Tuesday, 06 August, 2024.
The subscription window for the IPO will be closed on Thursday, 08 August. Anchor Investor bidding date is one working day prior to the issue opening date, that is, Monday, 05 August, 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 a fresh issue of equity shares aggregating up to Rs 16,660 million and an offer for sale of up to 54,359,733 equity shares of face value Rs 2.
Kotak Mahindra Capital Company, Morgan Stanley India Company, BofA Securities India, JM Financial and Avendus Capital are the book running lead managers to the offer.
The equity shares offered through the Red Herring Prospectus are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).
