Swara Baby Products Limited has filed papers to raise ₹1,000 crore through an initial public offering (IPO), marking a significant milestone in the company's growth journey, shares the brand on social media.
The public issue will comprise a mix of a fresh issue and an offer for sale (OFS), with existing investor BrainBees Solutions Ltd., the parent company of FirstCry, planning to divest shares worth up to ₹300 crore.
Despite the partial stake sale, BrainBees Solutions will continue to remain the majority shareholder, retaining a 76.6% stake in Swara Baby Products following the listing.
The company, which manufactures baby hygiene products, has demonstrated strong financial performance ahead of its market debut. For FY26, Swara Baby Products reported a 23.4% year-on-year increase in revenue to ₹1,163 crore, while its net profit rose 18.5% to ₹95.6 crore.
The proceeds from the fresh issue will be utilised to strengthen the company's manufacturing capabilities, support inorganic growth through strategic acquisitions and accelerate its long-term expansion plans. The IPO is expected to further bolster Swara Baby Products' position in India's fast-growing baby care and hygiene products market while providing investors an opportunity to participate in its next phase of growth.
This article was originally
published by the Franchiseindia.com. To read the full version,
visit here