Swara Baby Products files DRHP for Rs 1,000 crore IPO as India's largest diaper contract manufacturer
FirstCry-parent Brainbees-backed Swara, which contract-manufactures diapers for Babyhug, Little's and Himalaya and sells its own brand Cuddles, filed a DRHP to raise Rs 1,000 crore. It serves 20+ customers and runs its manufacturing base out of Pithampur.
FirstCry-parent Brainbees-backed Swara Baby Products, India's largest baby diaper contract manufacturer, filed a DRHP to raise Rs 1000 crore via IPO. It makes diapers for Babyhug, Little's and Himalaya, plus its own brand Cuddles.
Why this matters
The DRHP filing follows Swara's positioning as a key FirstCry-backed supplier, with Brainbees set to sell Rs 300 crore in OFS. It marks Swara's move from private label diaper maker to public markets.
Retail-company signals accelerating at +781200% QoQ.
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