BRAINBEES SOLUTIONS IPO TO OPEN ON TUESDAY, AUGUST 06, 2024

• 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”)
• Anchor Investor Bidding Date: Monday, August 5, 2024
• Bid /Offer Opening Date: 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.

 Ahmedabad, August 02, 2024: Brainbees Solutions Limited (the “Company”) proposes to open its initial public offering (“Offer”) on Tuesday, August 6, 2024. Bid/ Offer Closing Date will be Thursday, August 8, 2024. Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, that is, Monday, August 5, 2024.

The Price Band of the Offer has been fixed from ₹440 per Equity Share to ₹465 per Equity Share. Bids can be made for a minimum of 32 Equity Shares and in multiples of 32 Equity Shares thereafter.

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”.

The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”). The company has received in-principle approvals from BSE and NSE for the listing of the Equity Shares pursuant to their letters, each dated May 16, 2024.

Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, BofA Securities India Limited, JM Financial Limited and Avendus Capital Private Limited are the book running lead managers (“Book Running Lead Managers” or “BRLMs”) to the Offer.

Disclaimer This message, including any accompanying oral discussion, is only for information and does not constitute, and should not be construed as, directly or indirectly, an offer or invitation to sell or the solicitation of an offer or invitation to purchase any securities in any jurisdiction. Any such offer or solicitation, if made, would only be made pursuant to a definitive prospectus or offering memorandum. Nothing contained herein should form the basis of any investment decision, contract or commitment whatsoever. If the Company should at any time commence an offering of securities, any decision to invest in any such offer to subscribe for or acquire securities of the Company should be made solely on the basis of the prospectus or offering memorandum prepared by the Company in relation to any such contemplated offering together with any supplementary pricing information. This communication is not intended to be a “Prospectus” or “Draft Offer Document” or “Offer Document” or “Final Offer Document” or “Offer Letter” or “Offering Memorandum” (as defined or referred to, as the case may be, under the Companies Act, 2013 and the rules notified thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, or any other applicable law).

Brainbees Solutions Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to undertake an initial public offering of its securities.  In this regard, the Company has filed the Red Herring Prospectus dated July 30, 2024 with the Securities and Exchange Board of India (“SEBI”) and BSE limited and the National Stock

Exchange of India Limited (“Stock Exchanges”). the Red Herring Prospectus is available on the website of SEBI at www.sebi.gov.in, the respective websites of the BRLMs and the company at www.morganstanley.com, www.investmentbank.kotak.com, www.ml-india.com, www.jmfl.com, www.avendus.com and www.firstcry.com.   Potential investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the section titled “Risk Factors” on page 83 of the Red Herring Prospectus. Potential investors should not rely on the draft red herring prospectus filed with the SEBI for making any investment decision.

The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of

the U.S. Securities Act and applicable U.S. state securities laws. Accordingly, the Equity Shares are only being offered and sold (i) within the United States, to persons  that are “qualified institutional buyers”

(as defined in Rule 144A under the U.S. Securities Act (“Rule 144A) pursuant to section 4(A) OF the U.S. Securities Act and (ii) outside the United States, in “offshore transactions”, as defined in, and in

reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur.

DISCLAIMER CLAUSE OF SEBI: It is to be distinctly understood that submission of the Offer Document to SEBI should not, in any way, be deemed or construed that the same has been cleared or approved by SEBI. The investors are advised to refer to page 582 of the RHP for the full text of the disclaimer clause of SEBI.

DISCLAIMER CLAUSE OF BSE: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the RHP has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of the Offer Document. The investors are advised to refer to the page 584 of the RHP for the full text of the disclaimer clause of BSE.

DISCLAIMER CLAUSE OF NSE (The Designated Stock Exchange): It is to be distinctly understood that the aforesaid permission given by NSE should not in any way be deemed or construed that the offer document has been cleared or approved by NSE; nor does it in any manner warrant, certify or endorse the correctness or completeness of any of the contents of this Offer Document. The investors are advised to refer to page 584 of the RHP for the full text of the disclaimer clause of NSE.