Comparison between Brandman Retail IPO and Sodhani Capital IPO.
Brandman Retail IPO is a SME Fixed Price IPO proposed to list at NSE SME while Sodhani Capital IPO is a SME Fixed Price proposed to list at BSE SME.
| Brandman Retail IPO | Sodhani Capital IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Bonanza Portfolio Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | NSDL Database Management Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Aikyam Capital Private Limited |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Brandman Retail IPO is up to ₹81.78 Cr whereas the issue size of the Sodhani Capital IPO is up to ₹10.17 Cr. The final issue price of Brandman Retail IPO is ₹176.00 per share and of Sodhani Capital IPO is ₹51.00 per share.
| Brandman Retail IPO | Sodhani Capital IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹167.00 per share | |
| Issue Price (Upper) | ₹176.00 per share | |
| Issue Price (Final) | ₹176.00 per share | ₹51.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 2000 shares |
| Fresh Issue Size | 46,46,400 shares | 15,84,000 shares |
| Fresh Issue Size (Amount) | up to ₹81.78 Cr | up to ₹8.08 Cr |
| OFS Issue Size | 0 shares | 4,10,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.09 Cr |
| Issue Size Total | 46,46,400 shares | 19,94,000 shares |
| Issue Size Total (Amount) | up to ₹81.78 Cr | up to ₹10.17 Cr |
Brandman Retail IPO opens on Feb 04, 2026, while Sodhani Capital IPO opens on Sep 29, 2025. The closing date of Brandman Retail IPO and Sodhani Capital IPO is Feb 06, 2026, and Oct 01, 2025, respectively.
| Brandman Retail IPO | Sodhani Capital IPO | |
|---|---|---|
| Anchor Bid Date | Feb 03, 2026 | |
| Issue Open | Feb 04, 2026 | Sep 29, 2025 |
| Issue Close | Feb 06, 2026 | Oct 01, 2025 |
| Basis Of Allotment (Tentative) | Feb 09, 2026 | Oct 03, 2025 |
| Initiation of Refunds (Tentative) | Feb 10, 2026 | Oct 06, 2025 |
| Credit of Share (Tentative) | Feb 10, 2026 | Oct 06, 2025 |
| Listing date (Tentative) | Feb 11, 2026 | Oct 07, 2025 |
| Anchor Lockin End date 1 | Mar 10, 2026 | |
| Anchor Lockin End date 2 | May 09, 2026 |
Brandman Retail IPO P/E ratio is 11.39, as compared to Sodhani Capital IPO P/E ratio of 14.61.
| Brandman Retail IPO | Sodhani Capital IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)Sodhani Capital Ltd.'s revenue increased by 10% and profit after tax (PAT) dropped by 1% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.92 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.03 | 73.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 11.39 | 14.61 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹324.85 Cr. | ₹40.52 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 108.47 | 29.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 70.48 | 40.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.40 | 0.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹15.45 | ₹3.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 70.33 | 29.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Brandman Retail IPO Retail Individual Investors (RII) are offered 16,27,200 shares while in Sodhani Capital IPO retail investors are offered 16,27,200 shares. Qualified Institutional Buyers (QIB) are offered 9,28,000 shares in Brandman Retail IPO and 0 shares in Sodhani Capital IPO.
| Brandman Retail IPO | Sodhani Capital IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,92,000 shares | 0 shares |
| Market Maker Reservation | 2,44,800 shares | 1,06,000 shares |
| QIB | 9,28,000 shares | 0 shares |
| NII | 6,99,200 shares | 9,97,000 shares |
| RII | 16,27,200 shares | 9,97,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 46,46,400 shares | 19,94,000 shares |
Brandman Retail IPO subscribed 114.48x in total, whereas Sodhani Capital IPO subscribed 4.79x.
| Brandman Retail IPO | Sodhani Capital IPO | |
|---|---|---|
| QIB (times) | 85.24x | |
| NII (times) | 202.98x | 5.99x |
| Big NII (times) | 248.47x | |
| Small NII (times) | 111.86x | |
| RII (times) | 93.12x | 4.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 114.48x | 4.79x |
