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Initial public offering of 90,194,432^ equity shares of face value of (Rs) 2 each (the "Equity Shares") of Brainbees Solutions Limited ("Company" or "Issuer") for cash at a price of (Rs) 465.00 per equity share (the "Offer Price") aggregating to (Rs) 4193.73 crores^ (the "Offer") comprising a fresh issue of 35,834,699^ equity shares of face value (Rs) 2 each aggregating to (Rs) 1666.00 crores^ (the "Fresh Issue") and an offer for sale of 54,359,733 equity shares of face value (Rs) 2 each aggregating to (Rs) 2527.73 crores (the "Offer for Sale"), comprising an offer for sale of 46,814,458 equity shares of face value (Rs) 2 each aggregating to (Rs) 2176.87 crores by corporate selling shareholders (as defined hereinafter) and 7,545,275 equity shares of face value (Rs) 2 each aggregating to (Rs) 350.86 crores by individual selling shareholders (as defined hereinafter) (together, the "Selling Shareholders", and such equity shares, the "Offered Shares").
The offer includes a reservation of 71,258 equity shares of face value of
(Rs) 2 each, aggregating to (Rs) 3.00 crores^ (constituting 0.01 % of the post-offer paid-up equity share capital, for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 17.37 % and 17.36 % of the post-offer paid-up equity share capital of the company.
^A discount of (Rs) 44 per equity share was offered to eligible employees bidding in the employee reservation portion.
| Issue |
Money Payable On |
| Opens On |
Closes On |
Allotment |
Application |
| 06-Aug-24 | 08-Aug-24 |
0.00-0.00 |
465.00-0.00 |
Minimum Application for shares in Nos :
32
Further Multiples of :
32
|
(Rs. in Cr) |
Lead Managers to the Issue |
| Project Cost |
1601.74 |
Avendus Capital Pvt Ltd |
| Project Financed |
4193.73 |
|
| Post Issue |
103.84 |
|
| Issue Price |
103.84 |
|