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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Brandman Retail Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹176
Per ShareLot Size
800 Shares
Minimum Investment
₹1,40,800
Issue Size
₹86.09 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
93.91%
Promoter Holding (Post-Issue)
69.04%
Issue Type
Book Building - SME
ISIN
INE0XUD01014
Our Company was incorporated on July 07, 2021, by our Promoters Mr. Arun Malhotra and Ms. Kavya Malhotra. Brandman Retail Limited is a resource for licensed fashion and lifestyle brands in category - shoes and athleisure apparels. Our Company distributes licensed fashion and lifestyle products in the shoes and athleisure apparels across multiple channels of distribution. The Company has developed expertise in product design and quality through its experience in the industry and aims to maintain its position within its operating segment. Our Company offers products in various price categories and supplies them to retailers operating through different formats. Our Company engages in developing and distributing products under licensed and partner brands for sale to customers across offline and online channels.
India is one of the fastest-growing retail markets globally, supported by favourable demographics, rising disposable incomes, urbanisation, and the expansion of organised formats. The sector accounts for more than 10% of India's gross domestic product and approximately 8% of total employment, making it both a major contributor to the economy and a large employer in the services sector. The Indian footwear market is among the most important discretionary retail categories, valued at approximately USD 25 billion in 2023. It is projected to grow at a CAGR of 5-6% to reach USD 34 billion by 2028, supported by premiumisation, lifestyle shifts, and greater penetration of branded products.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of up to 48,91,200 equity shares of face value of Rs. 10/- each ("Equity Shares") of Brandman Retail Limited (the "Company" or "Issuer") at an issue price of Rs. 176 per equity share (including a share premium of Rs. 166 per equity share) for cash, aggregating up to Rs. 86.09 crores ("public issue") out of which 2,44,800 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 176 per equity share for cash, aggregating Rs. 4.31 crores will be reserved for subscription by the market makers to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 46,46,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 176 per equity share for cash, aggregating up to Rs. 81.78 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute [*] % and [*] % respectively of the post- issue paid-up equity share capital of the company. Price Band: Rs. 176 per equity share of face value Rs.10/- each. The floor price is 17.6 times of the face value of the equity shares. Bids can be made for a minimum of 1600 equity shares and in multiples of 800 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was incorporated on July 07, 2021, under the name and style of `Brandman Retail Private Limited', a private limited company under the provisions of Companies Act, pursuant to a Certificate of Incorporation issued by the Registrar of Companies. Our Company was converted into a public limited company pursuant to a resolution passed by our Shareholders at an extraordinary general meeting held on April 19, 2024, and consequently the name of our Company was changed to `Brandman Retail Limited' and a fresh certificate of incorporation dated July 23, 2024, was issued by the Registrar of Companies, Central Processing Centre. The CIN of our Company is U52399DL2021PLC383350.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.