India, July 2 -- Contract manufacturer Swara Baby Products, which specialises in disposable hygiene products, has filed its DRHP with SEBI for a Rs.1,000 Cr IPO.

The IPO will comprise a fresh issue of equity shares worth up to Rs.500 Cr and an offer-for-sale (OFS) component aggregating up to Rs.500 Cr. The company also plans to raise a pre-IPO round of up to Rs.100 Cr.

Swara Baby Products' holding company BrainBees, which operates omnichannel kidswear brand FirstCry, plans to sell shares worth up to Rs.300 Cr through the OFS.

Brainbees owns a 76.6% stake in Swara Baby Products. Post listing, the manufacturer will continue to remain a subsidiary of Brainbees. Notably, Brainbees cofounder and CEO Supam Maheshwari and CFO Gautam Sharma se...