FIRSTCRY.NSEBrainbees Solutions Ltd.
FIRSTCRY.NSE
Brainbees Solutions Ltd.103
Is Meesho IPO a solid long-term play or a wait-and-watch opportunity?
ET Intelligence Group: Meesho, an e-commerce platform, plans to raise ₹4,250 crore through a fresh issue for investment in cloud infrastructure and capital expenditure. It will also raise ₹1,171.2 crore through an offer for sale. The company plans to spend ₹480 crore or over 11% of the fresh IPO proceeds to pay salaries of employees hired by its subsidiary which undertakes technology development. The promoter group's stake will fall to 16.3% after the IPO from 18.5%. Meesho generates revenue from services like order fulfilment, ads, and insights. The company's loss has increased in FY25 from FY23, but it has reduced in the six months to September. It is still generating losses on Ebitda level. Given these factors, investors may wait to see stability in financials after the listing. Business Incorporated in 2015, Meesho operates an e-commerce marketplace enabling consumers to access a wide range of affordable products while offering sellers a low-cost platform to grow their businesses.
cityfalcon.com·4mo ago
FirstCry parent cuts quarterly loss; Pro gear for India’s content creators
Brainbees Solutions, the parent company of FirstCry, saw its topline marginally shrink on a sequential basis as the company significantly reduced its losses from the previous quarter. StudioBackdrops has made it its mission to empower and enable India’s creator economy.
cityfalcon.com·8mo ago
Indian tech stocks volatile due to tariff disputes
Out of 32 new-age tech companies, 19 saw declines, with Brainbees Solutions, the parent company of FirstCry, dropping 8.51%.
cityfalcon.com·1y ago
Buy Brainbees Solutions, target price Rs 605: JM Financial
JM Financial advises buying Brainbees Solutions with a target price of Rs 605, predicting a significant upside from the current market price of Rs 410.4 within a year. Despite a tough market for Indian equities in 2025, FirstCry maintained stability post-pre-IPO lock-in expiry. The recommendation is based on lower valuations compared to peers and potential growth.
cityfalcon.com·1y ago
FirstCry-parent posts Rs 2,172 Cr revenue in Q3 FY25, cuts losses by 70%
Brainbees Solutions, the parent company of kids-focused omnichannel retailer FirstCry, has released its Q3 FY25 today. The report highlights sound financial growth, with a 14.3% year-on-year growth in scale and controlled losses by 70%. FirstCry's revenue from operations grew to Rs 2,172 crore in Q3 FY25 from Rs 1,900 crore in Q3 FY24, its unaudited financial statements sourced from the National Stock Exchange (NSE) show. The sale of its products through offline stores and websites in India and the international market was the primary source of revenue, accounting for nearly 82% of total operating revenue, while its subsidiary, GlobalBees, contributed Rs 422 crore. The company also made Rs 44 crore from interest income which took its overall revenue to Rs 2,217 crore in Q3 FY25, compared to Rs 1,936 crore in Q3 FY24. For the omnichannel retailer, the cost of procurement of materials accounted for 66% of the overall expenditure which increased 17% year-on-year to Rs 1,451 crore in Q3 FY25 from Rs 1,239 crore in Q3 FY24.
cityfalcon.com·1y ago
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