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 |
Dates04 Feb - 06 Feb |
GMP₹9 (5.11%) |
Subscriptions114.55 times |
Issue Size₹86.09 Crs |
04 Feb 26
06 Feb 26
09 Feb 26
10 Feb 26
10 Feb 26
11 Feb 26
Price Band₹167 - ₹176 |
Listing AtNSE SME |
IPO Issue Type100% 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 |
| 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
|
|||
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 |
The estimated Grey Market Premium of Brandman Retail IPO is ₹9 per share (5.11%)
| 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 |
| 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 |
| 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
| 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
| Name | Shareholding |
|---|---|
| Arun Malhotra | 16.91% |
| Kavya Malhotra | 69.44% |
| Others | 7.57% |
| Total | 93.92% |
| Name | Designation |
|---|---|
| Arun Malhotra | Chairman & MD |
| Saket Prakash | CFO |
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
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.