Brainbees Solutions Limited raises ₹ 1885.8 crores from 71 anchor investors at the upper price band of ₹465 per equity share

• Price Band fixed at ₹ 440 per Equity Share to ₹ 465 per Equity Share of face value of ₹2 each of Brainbees Solutions Limited (“Equity Shares”)  
• Bid /Offer Opening Date: Tomorrow, Tuesday, August 6, 2024
• Bid/ Offer Closing Date: Thursday, August 8, 2024
• Bids can be made for a minimum of 32 Equity Shares and in multiples of 32 Equity Shares thereafter
• The Floor Price is 220 times and the Cap Price is 232.5 times the face value of the Equity Shares.

Bengaluru, 6th August 2024: Brainbees Solutions Limited, has allotted 4,05,55,428  Equity Shares to 71 anchor investors and raised ₹ 1885.8 crores ahead of company’s proposed IPO at the upper price band of ₹ 465 per equity share (including premium of ₹ 463 per equity shares) with face value of ₹ 2 per share. 

Sr. No.	Name of the Anchor Investor	No. of Equity Shares allocated	% of Anchor Investor Portion	Bid price (Rs. per Equity Share)	Amount (Rs.)
1	GOVERNMENT OF SINGAPORE	2,761,952	6.81%	465	1,284,307,680
2	MONETARY AUTHORITY OF SINGAPORE	569,152	1.40%	465	264,655,680
3	GOVERNMENT PENSION FUND GLOBAL	1,440,480	3.55%	465	669,823,200
4	ABU DHABI INVESTMENT AUTHORITY – MONSOON	1,440,480	3.55%	465	669,823,200
5	NOMURA FUNDS IRELAND PUBLIC LIMITED COMPANY- NOMURA FUNDS IRELAND – INDIA EQUITY FUND	1,440,480	3.55%	465	669,823,200
6	FIDELITY FUNDS – INDIA FOCUS FUND	1,440,480	3.55%	465	669,823,200
7	GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY PORTFOLIO	1,440,480	3.55%	465	669,823,200
8	SBI OPTIMAL EQUITY FUND – LONG TERM	216,064	0.53%	465	100,469,760
9	SBI MAGNUM CHILDREN’S BENEFIT FUND	43,008	0.11%	465	19,998,720
10	SBI CONSUMPTION OPPORTUNITIES FUND	859,968	2.12%	465	399,885,120
11	SBI BLUE CHIP FUND	3,418,432	8.43%	465	1,589,570,880
12	ICICI PRUDENTIAL ELSS TAX SAVER FUND	1,296,416	3.20%	465	602,833,440
13	ICICI PRUDENTIAL EQUITY & DEBT FUND	648,224	1.60%	465	301,424,160
14	ICICI PRUDENTIAL TECHNOLOGY FUND	1,296,416	3.20%	465	602,833,440
15	HDFC LARGE AND MID CAP FUND	1,092,384	2.69%	465	507,958,560
16	HDFC MUTUAL FUND – HDFC BUSINESS CYCLE FUND	588,192	1.45%	465	273,509,280
17	HDFC MUTUAL FUND – HDFC NON CYCLICAL CONSUMER FUND	420,128	1.04%	465	195,359,520
18	HDFC MUTUAL FUND – HDFC TECHNOLOGY FUND	420,128	1.04%	465	195,359,520
19	KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK SPECIAL OPPORTUNITIES FUND	420,128	1.04%	465	195,359,520
20	KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK CONSUMPTION FUND	315,104	0.78%	465	146,523,360
21	KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK BUSINESS CYCLE FUND	472,672	1.17%	465	219,792,480
22	KOTAK PIONEER FUND	472,672	1.17%	465	219,792,480
23	KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK TECHNOLOGY FUND	210,080	0.52%	465	97,687,200
24	KOTAK INDIA EQ CONTRA FUND	630,176	1.55%	465	293,031,840
25	SBI LIFE INSURANCE CO. LTD	2,520,832	6.22%	465	1,172,186,880
26	CARMIGNAC PORTFOLIO	562,272	1.39%	465	261,456,480
27	CARMIGNAC EMERGENTS	878,208	2.17%	465	408,366,720
28	BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD.	530,208	1.31%	465	246,546,720
29	BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED	151,232	0.37%	465	70,322,880
30	BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED	64,832	0.16%	465	30,146,880
31	KOTAK FUNDS – INDIA ESG FUND	182,784	0.45%	465	84,994,560
32	KOTAK INFINITY FUND – CLASS AC	107,552	0.27%	465	50,011,680
33	PUBLIC SECTOR PENSION INVESTMENT BOARD – KOTAK MAHINDRA ASSET MANAGEMENT (SINGAPORE) PTE LTD	429,888	1.06%	465	199,897,920
34	NORDEA 1, SICAV – EMERGING STARS EX CHINA EQUITY FUND	249,280	0.61%	465	115,915,200
35	NORDEA 1 – ASIAN STARS EQUITY FUND	506,976	1.25%	465	235,743,840
36	360 ONE FLEXICAP FUND	385,088	0.95%	465	179,065,920
37	360 ONE BALANCED HYBRID FUND	155,104	0.38%	465	72,123,360
38	WF ASIAN RECONNAISSANCE FUND LIMITED	728,256	1.80%	465	338,639,040
39	AL MEHWAR COMMERCIAL INVESTMENTS L.L.C. – (WANDA)	630,208	1.55%	465	293,046,720
40	ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE INDIA GENNEXT FUND	525,184	1.29%	465	244,210,560
41	ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE SMALL CAP FUND	375,104	0.92%	465	174,423,360
42	TT EMERGING MARKETS UNCONSTRAINED FUND	225,696	0.56%	465	104,948,640
43	AMUNDI FUNDS NEW SILK ROAD	432,128	1.07%	465	200,939,520
44	INVESCO INDIA FLEXI CAP FUND	557,312	1.37%	465	259,150,080
45	INVESCO INDIA MIDCAP FUND	342,944	0.85%	465	159,468,960
46	RELIANCE NIPPON LIFE INSURANCE CO LIMITED	216,064	0.53%	465	100,469,760
47	FLORIDA RETIREMENT SYSTEM – ALLSPRING GLOBAL INVESTMENTS, LLC (EMSC)	450,144	1.11%	465	209,316,960
48	INTEGRATED CORE STRATEGIES (ASIA) PTE. LTD.	108,032	0.27%	465	50,234,880
49	SOCIETE GENERALE – ODI	108,032	0.27%	465	50,234,880
50	STEADVIEW CAPITAL MAURITIUS LIMITED	728,256	1.80%	465	338,639,040
51	NHIT: GLOBAL EMERGING MARKETS EQUITY TRUST	246,688	0.61%	465	114,709,920
52	DESTINATIONS INTERNATIONAL EQUITY FUND, A SERIES OF BRINKER CAPITAL DESTINATIONS TRUST	203,456	0.50%	465	94,607,040
53	ALBERTA INVESTMENT MANAGEMENT CORPORATION AS A TRUSTEE OF THE GOVERNMENT OF THE PROVINCE OF ALBERTA MANAGED BY WELLINGTON MANAGEMENT –	244,288	0.60%	465	113,593,920
54	WELLINGTON TRUST COMPANY, NATIONAL ASSOCIATION MULTIPLE COMMON TRUST FUNDS TRUST, EMERGING MARKETS RESEARCH EQUITY PORTFOLIO	475,936	1.17%	465	221,310,240
55	MORGAN STANLEY INVESTMENT FUNDS INDIAN EQUITY FUND	108,032	0.27%	465	50,234,880
56	HARA GLOBAL CAPITAL MASTER FUND I LTD	360,128	0.89%	465	167,459,520
57	CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED – ODI	108,032	0.27%	465	50,234,880
58	VERITION MULTI-STRATEGY MASTER FUND LTD.	108,064	0.27%	465	50,249,760
59	CLSA GLOBAL MARKETS PTE. LTD-ODI	134,432	0.33%	465	62,510,880
60	HELIOS FLEXI CAP FUND	216,064	0.53%	465	100,469,760
61	GHISALLO MASTER FUND LP	108,068	0.27%	465	50,251,620
62	MORGAN STANLEY ASIA (SINGAPORE) PTE. – ODI	576,192	1.42%	465	267,929,280
63	VALIANT INDIA OPPORTUNITIES LTD	540,192	1.33%	465	251,189,280
64	GOLDMAN SACHS (SINGAPORE) PTE. – ODI	468,160	1.15%	465	217,694,400
65	DSP INDIA FUND- INDIA LONG / SHORT STRATEGY FUND WITH CASH MANAGEMENT OPTION	216,064	0.53%	465	100,469,760
66	MAX LIFE INSURANCE COMPANY LIMITED	322,592	0.80%	465	150,005,280
67	MAX LIFE INSURANCE CO. LTD. – PURE GROWTH FUND	43,008	0.11%	465	19,998,720
68	MAX LIFE INSURANCE CO LTD PENSION PRESERVER FUND(ULIF01815/02/13PENSPRESER104)	8,608	0.02%	465	4,002,720
69	MAX LIFE INSURANCE CO LTD PENSION MAXIMISER FUND (ULIF01715/02/13PENSMAXIMI104)	64,512	0.16%	465	29,998,080
70	MAX LIFE INSURANCE CO LTD A/C SUSTAINABLE EQUITY FUND – ULIF02505/10/21SUSTAINEQU104	111,840	0.28%	465	52,005,600
71	MAX LIFE INSURANCE CO LTD A/C DIVERSIFIED EQUITY FUND (ULIF02201/01/20LIFEDIVEQF104)	385,760	0.95%	465	179,378,400
	TOTAL	40,555,428	100%	–	18,858,274,020

Out of the total allocation of 4,05,55,428  Equity Shares to the Anchor Investors, 1,51,60,928 Equity Shares (i.e. 37.38% of the total allocation to Anchor Investors) were allocated to 8 domestic mutual funds through a total of 23 schemes.

Sr. No.	Name of Scheme	No. of Equity Shares allocated	% of Anchor Investor Portion	Bid price (Rs. per Equity Share)	Amount (Rs.)
1	SBI MAGNUM CHILDREN’S BENEFIT FUND	43,008	0.11%	465	19,998,720
2	SBI CONSUMPTION OPPORTUNITIES FUND	859,968	2.12%	465	399,885,120
3	SBI BLUE CHIP FUND	3,418,432	8.43%	465	1,589,570,880
4	ICICI PRUDENTIAL ELSS TAX SAVER FUND	1,296,416	3.20%	465	602,833,440
5	ICICI PRUDENTIAL EQUITY & DEBT FUND	648,224	1.60%	465	301,424,160
6	ICICI PRUDENTIAL TECHNOLOGY FUND	1,296,416	3.20%	465	602,833,440
7	HDFC LARGE AND MID CAP FUND	1,092,384	2.69%	465	507,958,560
8	HDFC MUTUAL FUND – HDFC BUSINESS CYCLE FUND	588,192	1.45%	465	273,509,280
9	HDFC MUTUAL FUND – HDFC NON CYCLICAL CONSUMER FUND	420,128	1.04%	465	195,359,520
10	HDFC MUTUAL FUND – HDFC TECHNOLOGY FUND	420,128	1.04%	465	195,359,520
11	KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK CONSUMPTION FUND	315,104	0.78%	465	146,523,360
12	KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK BUSINESS CYCLE FUND	472,672	1.17%	465	219,792,480
13	KOTAK PIONEER FUND	472,672	1.17%	465	219,792,480
14	KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK TECHNOLOGY FUND	210,080	0.52%	465	97,687,200
15	KOTAK INDIA EQ CONTRA FUND	630,176	1.55%	465	293,031,840
16	360 ONE FLEXICAP FUND	385,088	0.95%	465	179,065,920
17	360 ONE BALANCED HYBRID FUND	155,104	0.38%	465	72,123,360
18	INVESCO INDIA FLEXI CAP FUND	557,312	1.37%	465	259,150,080
19	INVESCO INDIA MIDCAP FUND	342,944	0.85%	465	159,468,960
20	HELIOS FLEXI CAP FUND	216,064	0.53%	465	100,469,760
21	ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE INDIA GENNEXT FUND	525,184	1.29%	465	244,210,560
22	ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE SMALL CAP FUND	375,104	0.92%	465	174,423,360
23	KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK SPECIAL OPPORTUNITIES FUND	420,128	1.04%	465	195,359,520
	TOTAL	15,160,928	37.38%	–	7,049,831,520

The Offer comprises of a Fresh Issue of equity shares aggregating up to ₹ 16,660.00 million (the “Fresh Issue”) and an offer for sale of up to 54,359,733 equity shares of face value ₹ 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 ₹ 2 each by individual selling shareholders.

The Offer includes a reservation of certain equity shares of face value of ₹ 2 each, aggregating up to ₹ 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”.