Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Brandman Retail IPO vs Swastika Castal IPO

Comparison between Brandman Retail IPO and Swastika Castal IPO.

IPO Details

Brandman Retail IPO is a SME Fixed Price IPO proposed to list at NSE SME while Swastika Castal IPO is a SME Fixed Price proposed to list at BSE SME.

 Brandman Retail IPOSwastika Castal IPO
LogoBrandman Retail IPO LogoSwastika Castal IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Horizon Management Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Accurate Securities & Registry Pvt.Ltd.
Market MakerHorizon Financial Consultants Pvt.Ltd.
DRHPDRHP DRHP
RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Brandman Retail IPO is up to ₹0.00 Cr whereas the issue size of the Swastika Castal IPO is up to ₹13.35 Cr. The final issue price of Brandman Retail IPO is and of Swastika Castal IPO is ₹65.00 per share.

 Brandman Retail IPOSwastika Castal IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares
Fresh Issue Size47,77,600 shares20,54,000 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹13.35 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,77,600 shares20,54,000 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹13.35 Cr

IPO Timetable

Brandman Retail IPO opens on , while Swastika Castal IPO opens on Jul 21, 2025. The closing date of Brandman Retail IPO and Swastika Castal IPO is , and Jul 23, 2025, respectively.

 Brandman Retail IPOSwastika Castal IPO
Anchor Bid Date
Issue OpenJul 21, 2025
Issue CloseJul 23, 2025
Basis Of Allotment (Tentative)Jul 24, 2025
Initiation of Refunds (Tentative)Jul 25, 2025
Credit of Share (Tentative)Jul 25, 2025
Listing date (Tentative)Jul 28, 2025
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Brandman Retail IPO P/E ratio is , as compared to Swastika Castal IPO P/E ratio of 14.8.

 Brandman Retail IPOSwastika Castal IPO
FinancialsAssets

Swastika Castal Ltd. Financial Information (Restated)

Swastika Castal Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 305% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets30.8323.8226.24
Total Income30.3123.3524.41
Profit After Tax2.630.650.58
EBITDA4.552.482.33
Net Worth10.678.037.39
Reserves and Surplus4.676.535.89
Total Borrowing9.128.979.64
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.92100.00
Promoter Shareholding (Post-Issue)73.49
P/E Ratio14.8
Market Cap₹53.07 Cr.
ROE108.47%28.17%
ROCE70.48%32.74%
Debt/Equity0.400.85
EPS₹4.39
RoNW70.33%24.70%

Shares Offered

In the Brandman Retail IPO Retail Individual Investors (RII) are offered 0 shares while in Swastika Castal IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Brandman Retail IPO and 0 shares in Swastika Castal IPO.

 Brandman Retail IPOSwastika Castal IPO
Anchor Investor Reserveration0 shares
Market Maker Reserveration0 shares1,10,000 shares
QIB0 shares0 shares
NII0 shares10,26,000 shares
RII0 shares10,28,000 shares
Employee0 shares0 shares
Others
Total0 shares20,54,000 shares

Bids Received (Subscription)

Brandman Retail IPO subscribed in total, whereas Swastika Castal IPO subscribed 5.08x.

 Brandman Retail IPOSwastika Castal IPO
QIB (times)
NII (times)2.42x
Big NII (times)
Small NII (times)
RII (times)7.75x
Employee (times)
Other (times)
Total (times)5.08x