FirstCry Parent Brainbees Arm Swara Baby Products Gets SEBI IPO Nod

6 Oct 2026, 4:36 pm · 4h ago · 1 min read · Inc42

Amount

₹1,000 Cr

Stage

IPO

Disposable hygiene product manufacturer Swara Baby Products, a subsidiary of FirstCry parent Brainbees Solutions, has secured SEBI approval for its proposed ₹1,000 crore IPO. The initial public offering includes a fresh issue of equity shares worth up to ₹500 crore and an offer for sale aggregating up to ₹500 crore. Brainbees Solutions, which holds a 76.6% stake, will offload shares worth up to ₹300 crore. Swara Baby Products plans to deploy ₹198.2 crore to establish a manufacturing plant in Madhya Pradesh, allocate ₹100 crore toward debt repayment, and invest ₹27.5 crore across its operating subsidiaries.