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Brandman Retail Limited IPO
Brandman Retail Limited IPO

Brandman Retail Limited IPO

Brandman Retail Limited, incorporated on July 07, 2021 by its promoters Mr. Arun Malhotra and Ms. Kavya Malhotra, operates as a resource partner for licensed fashion and lifestyle brands in the shoes and athleisure apparel category. The Company is engaged in the distribution of licensed fashion and lifestyle products across multiple distribution channels. It has developed capabilities in product design, sourcing and quality management, supported by its industry experience, enabling it to strengthen its position within its operating segment. Brandman Retail Limited offers products across varied price points and supplies to retailers operating through different formats. The Company focuses on developing and distributing products under licensed and partner brands through both offline and online sales channels.

Price Band

₹167 - ₹176

Dates

04 Feb - 06 Feb

GMP

₹9 (5.11%)

Subscriptions

114.55 times

Issue Size

₹86.09 Crs

Brandman Retail IPO Key Dates

Opening Date

04 Feb 26

Closing Date

06 Feb 26

Basis Of Allotment

09 Feb 26

Initiations Of Refund

10 Feb 26

Credit Of Shares

10 Feb 26

Listing Date

11 Feb 26

Brandman Retail IPO Objects

  1. Funding capital expenditure to expand the retail network through launch of 15 EBOs & MBOs."
  2. Working Capital Requirements for New EBOs & MBOs
  3. Working Capital Requirements for Existing EBOs & MBOs
  4. General Corporate Expenses

Brandman Retail IPO Details

Price Band

₹167 - ₹176

Listing At

NSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹86.09 Cr (0.49 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹86.09 Cr (0.49 Cr Shares)

Face Value

₹10 per equity share

Brandman Retail IPO Lot Information

Investor Category Lot Shares Amount
Individual Investor
Minimum 2 1,600 2,81,600
Maximum 2 1,600 2,81,600
Small HNI
Minimum 3 2,400 4,22,400
Maximum 7 5,600 9,85,600
Big HNI
Minimum 8 6,400 11,26,400

Brandman Retail IPO Subscription

Updated as on 06-Feb-2026 19:00:17 hrs

Investor Category Subscription (times) Shares Offered Shared Bid
QIB 85.02 9,30,400 7,91,04,800
NII 203.80 6,97,600 14,21,71,200
bNII 249.85 4,64,800 11,61,30,400
sNII 111.86 2,32,800 2,60,40,800
Individual Investor 93.16 16,26,400 15,15,23,200
Total 114.55 32,54,400 37,27,99,200

Brandman Retail IPO GMP

The estimated Grey Market Premium of Brandman Retail IPO is ₹9 per share (5.11%)

Category Allocation

Particulars Allocation
QIB Not more than 50% of Net Offer
NII Not less than 15% of Net Offer
Retail Not less than 35% of Net Offer
Market Maker 2,44,800 EQ. Shares

Brandman Retail IPO Financials

(Rs. in crores)

Particulars Dec-25 Mar-25 Mar-24
Revenue 95.31 135.29 123.33
PAT 19.67 20.95 8.27
Net Worth 60.26 29.79 8.84
Borrowings 15.68 11.87 3.53
Assets 101.31 84.73 40.49
NAV (₹) 46.57 23.37 6.93
EPS (₹) 15.20 16.43 6.49

The financial information presented is on a consolidated basis.

Key Performance Indicators

KPI VALUES
EBITDA 23.02%
PAT 15.49%
ROE 108.47%
ROCE 75.08%
Debt to Equity 0.40
PE Ratio 10.71
PB Ratio 7.53
Mkt Cap (in Crs.) 324.85
  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Brandman Retail IPO Peer Comparision

(Rs. in crores)

Particulars Brandman Retail Redtape Bata India Lehar Footwears Liberty Shoes
Revenue 135.29 2,020.91 3,488.79 277.21 675.48
PAT 20.95 170.00 330.66 10.87 13.56
EPS (₹) 16.43 3.08 25.73 6.15 7.92
NAV (₹) 23.37 14.27 122.54 63.60 130.60
RONW 70.33% 21.55% 20.99% 9.67% 6.09%
EBITDA 23.02% 16.59% 26.55% 9.45% 9.69%
PAT Mrgn 15.49% 8.41% 9.48% 3.92% 2.01%
PE Ratio 10.71 47.39 47.41 34.59 40.57

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2025. for Peers

Brandman Retail IPO Peer Comparision

(Rs. in crores)

Particulars Brandman Retail
Revenue 135.29
PAT 20.95
EPS (₹) 16.43
NAV (₹) 23.37
RONW 70.33%
EBITDA 23.02%
PAT Mrgn 15.49%
PE Ratio 10.71
Redtape Bata India Lehar Footwears Liberty Shoes
2,020.91 3,488.79 277.21 675.48
170.00 330.66 10.87 13.56
3.08 25.73 6.15 7.92
14.27 122.54 63.60 130.60
21.55% 20.99% 9.67% 6.09%
16.59% 26.55% 9.45% 9.69%
8.41% 9.48% 3.92% 2.01%
47.39 47.41 34.59 40.57

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2025. for Peers

Promoter Details

Name Shareholding
Arun Malhotra 16.91%
Kavya Malhotra 69.44%
Others 7.57%
Total 93.92%

Management Details

Name Designation
Arun Malhotra Chairman & MD
Saket Prakash CFO

Company Details

Name: Brandman Retail Limited

Address: DPT 718-719, 7th Floor, DLF Prime Tower, Okhla Phase-1, Okhla Industrial Area Phase-I, South Delhi, New Delhi, Delhi, India, 110020.

Number: +91 9599244949

Email: info@brandmanretail.com

Website: https://www.brandmanretail.com

Book Running Lead Managers (BRLMs)

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Brandman Retail IPO is a SME IPO having an issue size of Rs. ₹86.09 Crs. Brandman Retail IPO is priced at ₹167 - ₹176 per share. The issue opens on 04 Feb 26 and closes on 06 Feb 26.

Brandman Retail IPO opens on 04 Feb 26 and closes on 06 Feb 26.

The estimated Grey Market Premium of Brandman Retail IPO is ₹9 per share (5.11%).

The minimum lot size of Brandman Retail IPO is 800 shares & the minimum application amount is Rs. 140800.

The allotment date of Brandman Retail IPO is 09 Feb 26.

The listing date of Brandman Retail IPO is 11 Feb 26.

Brandman Retail IPO is subscribed 114.55 times.

Brandman Retail IPO is priced at ₹167 - ₹176 per share.

Click the allotment link on Brandman Retail IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Brandman Retail IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date