FirstCry parent Brainbees to sell ₹300 cr stake in Swara Baby's ₹1,000 cr IPO
Swara Baby, the hygiene and baby-diaper maker 76.59% owned by FirstCry parent Brainbees Solutions, filed its DRHP for a ₹1,000 crore IPO comprising a ₹500 crore fresh issue and ₹300 crore OFS by Brainbees. The move monetizes FirstCry's manufacturing arm as Brainbees stock trades down ~20% in 2026.
Swara Baby, a hygiene-products maker majority-owned by FirstCry parent Brainbees Solutions, filed a DRHP for a ₹1,000 crore IPO including a ₹300 crore OFS by Brainbees, signaling FirstCry's monetization of its baby-diaper manufacturing arm.