Brandman Retail Limited IPO
Brandman Retail Limited IPO
SME NSE SME 100% Book Built Offer
Closed

Price Band

₹167 - ₹176

Total Issue

₹86 Cr

Bid Dates

04 Feb - 06 Feb

Subscription

114.48x

Listing Price

₹183 (3.98%)

Website RHP Check Allotment

Valuation

Market Cap

₹324.85 Cr

P/E Ratio

10.71x

P/B Ratio

7.53x

Brandman Retail IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

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Business Overview

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.

Brandman Retail IPO Lot Size

Lot Information for Brandman Retail IPO
Category Lots Shares Amount
Ind (Min) 2 1,600 ₹2,81,600
Ind (Max) 2 1,600 ₹2,81,600
S-HNI (Min) 3 2,400 ₹4,22,400
S-HNI (Max) 7 5,600 ₹9,85,600
B-HNI (Min) 8 6,400 ₹11,26,400
Allocate Funds
Market Maker
2,44,800 EQ. Shares
Employee
₹0.00
Shareholder
₹0.00

Brandman Retail IPO Size

Total ₹86 Cr
Fresh Issue
₹86 Cr (0.49 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  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 Live Subscription

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

Category Sub (x) Offered Bids
QIB 85.02x 9,30,400 7,91,04,800
NII 203.45x 6,97,600 14,19,26,400
bHNI 249.32x 4,64,800 11,58,85,600
sHNI 111.86x 2,32,800 2,60,40,800
Individual 93.16x 16,26,400 15,15,23,200
Total 114.48x 32,54,400 37,25,54,400

Brandman Retail IPO Details Live GMP

GMP ₹9
Est. Price ₹185
Est. Gain 5.11%

Brandman Retail IPO Peer Comparison

(Rs. in crores)

Brandman Retail IPO Peer Comparison Table
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 Financial Performance

(Rs. in crores)

Financial Performance Metrics for Brandman Retail IPO
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

Key Performance Indicators (KPIs)

EBITDA

23.02%

PAT

15.49%

ROE

108.47%

ROCE

75.08%

Debt to Equity

0.40

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

93.92%

Public

6.08%

Arun Malhotra 16.91%
Kavya Malhotra 69.44%
Others 7.57%

Management

Arun Malhotra
Chairman & MD
Saket Prakash
CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Lead Managers (1)

Gretex Corporate

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

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Frequently Asked Questions (FAQs)

What is Brandman Retail IPO?
Brandman Retail IPO is a SME IPO having an issue size of ₹86 Crs. Brandman Retail IPO is priced at ₹167 - ₹176 per share. The issue opens on 04 Feb 26 and closes on 06 Feb 26.
When will Brandman Retail IPO open?
Brandman Retail IPO opens on 04 Feb 26 and closes on 06 Feb 26.
What is the GMP of Brandman Retail IPO?
The estimated Grey Market Premium of Brandman Retail IPO is ₹9 per share (5.11%).
What is the lot size of Brandman Retail IPO?
The minimum lot size of Brandman Retail IPO is 800 shares & the minimum application amount is Rs. 140800.
When is the allotment of Brandman Retail IPO?
The allotment date of Brandman Retail IPO is 09 Feb 26.
What is the listing date of Brandman Retail IPO?
The listing date of Brandman Retail IPO is 11 Feb 26.
What is the subscription of Brandman Retail IPO?
Brandman Retail IPO is subscribed 114.48 times.
What is the price band of Brandman Retail IPO?
Brandman Retail IPO is priced at ₹167 - ₹176 per share.
How to check allotment status of Brandman Retail IPO?
Click the allotment link on Brandman Retail IPO page of IPO360.
How to apply Brandman Retail IPO in Zerodha?
  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
How to apply Brandman Retail IPO in Groww?
  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
How to apply Brandman Retail IPO using ASBA?
  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

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