Brandman Retail IPO
Brandman Retail is an NSE SME IPO listed on the NSE SME platform, priced at ₹167–₹176 per share. The stock debuted at ₹183, delivering a listing gain of 4.0%. The IPO had a lot size of ₹800 shares and a minimum investment of ₹2,81,600.
Brandman Retail Limited IPO
- IPO Dates
- Feb 4, 2026 – Feb 6, 2026
- Price band
- ₹167-176 per equity share
- Minimum Investment
- ₹2,81,600
- Issue size
- ₹86.09 Cr
- Lot size
- 800
- Allotment Date
- Feb 9, 2026
- Listing
- Feb 11, 2026
- Listing At
- NSE SME
IPO timeline
-
Feb 4, 2026
Open Date
Completed
-
Feb 6, 2026
Close Date
Completed
-
Feb 9, 2026
Allotment Date
Completed
-
Feb 11, 2026
Listing Date
Completed
Brandman Retail IPO Subscription Details
View Subscription DetailsBrandman Retail IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Brandman Retail IPO Essentials
Brandman Retail IPO Details
Brandman Retail IPO is priced at ₹167-176 per share with a total issue size of 86.09 crore. The IPO has a lot size of 800 shares and is listed on NSE SME.
- Issue price
- ₹167-176 per equity share
- Lot size
- 800 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 48,91,200 shares(aggregating up to ₹86.09 Cr)
- Total issue size
- 48,91,200 shares
(aggregating up to ₹86.09 crore) - Fresh issue
- 48,91,200 shares
(aggregating up to ₹86.09 crore) - Listing at
- NSE SME
- List price
- 183.0
- Listing date
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead manager
-
Gretex Corporate Services Ltd.
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 1600 | ₹2,81,600 |
| Individual(max) | 2 | 1600 | ₹2,81,600 |
| sHNI(min) | 3 | 2400 | ₹4,22,400 |
| sHNI(max) | 7 | 5600 | ₹9,85,600 |
| sHNI(min) | 8 | 6400 | ₹11,26,400 |
Brandman Retail IPO Reservation
Brandman Retail IPO reservation details show category-wise allocation of shares. Out of the total 4891200 shares, approximately 18.98% are reserved for QIB, 14.3% for NII, 33.27% for retail investors, 5% for market maker, and 28.42% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1392000 (28.42%) | |
| Market Maker Shares Offered | 244800 (5%) | |
| QIB Shares Offered | 928000 (18.98%) | |
| NII (HNI) Shares Offered | 699200 (14.3%) | |
| bHNI > ₹10L | 466400 (9.39%) | 194 |
| sHNI < ₹10L | 232800 (4.85%) | 97 |
| Individual Shares Offered | 1627200 (33.27%) | 1017 |
| Total Shares Offered | 4891200 (100%) |
Brandman Retail IPO Analytics
Brandman Retail IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Brandman Retail IPO Subscription Status
Brandman Retail IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 114.55x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 9,28,000 |
6,99,200
4,66,400
2,32,800
|
16,27,200 | 32,54,400 |
|
Day 1
04-02-26 05:00 PM
|
0.00 x |
1.41x
1.51x
1.21x
|
0.85 x | 0.73 x |
|
Day 2
05-02-26 05:00 PM
|
0.01 x |
9.70x
11.46x
6.17x
|
5.73 x | 4.95 x |
|
Day 3
06-02-26 05:00 PM
|
85.24 x |
203.33x
248.99x
111.86x
|
93.11 x | 114.55 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 122589 (Approx) | 91.15x | 104.43x | 93.12x |
Brandman Retail Valuations
Earnings
- EPS Pre IPO
- ₹15.45/-
- EPS Post IPO
- ₹14.21/-
- P/E Pre IPO
- 11.39
- P/E Post IPO
- 12.38
Returns
- ROE
- 108.47%
- ROCE
- 70.48%
- RoNW
- 70.33%
- PAT Margin
- 15.49%
Fundamentals
- Debt / Equity
- 0.40
- Price / Book
- 7.53
- Market Cap
- 324.85 Cr.
Brandman Retail Financials( In Crs.)
| 31-Dec-25 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 101.31 | 84.73 | 40.49 |
| Revenue | 97.21 | 136.30 | 123.49 |
| Profit After Tax | 19.67 | 20.95 | 8.27 |
| Net Worth | 60.26 | 29.79 | 8.84 |
| Reserves & Surplus | 46.70 | 17.04 | 8.59 |
| Total Borrowing | 15.68 | 11.87 | 3.53 |
Brandman Retail Company & Offer Insights
About Brandman Retail
Founded in 2021, Brandman Retail Limited is an international sports and lifestyle brand distributor.
The company has four major pillars: distribution, licensing, retail, and e-commerce. The company is driven by innovation, customer focus, and sustainability.The company has Exclusive Brand Outlets (EBOs) in the northern part of India, including Ahmedabad, Ambala, Dehradun, New Delhi, Jalandhar, Bathinda, Gurugram, Lucknow, and Noida. Each outlet is of the standard required by the License Grantee and is mainly a representation of the New Balance brand under a non-exclusive distribution agreement.
The company has two MBOs named 'Sneakrz' in Bhatinda and New Delhi and 11 EBOs.
The company has non-exclusive distribution agreements to provide a diverse and quality product range to their customers.
They also have online sales through Flipkart, Ajio, and Tata Cliq, which meet their monthly orders.
Brandman Retail Promoter(s)
Mr. Arun Malhotra, Ms. Kavya Malhotra, Ms. kashika Malhotra are the company's promoters of Brandman Retail.
Brandman Retail IPO Issue Objectives
- •
- Funding Capital Expenditure for expansion of our New Retail Network by launching 15 Exclusive Brand Outlets (EBOs) and Multi-Brand Outlets (MBOs)
- •
- Working Capital Requirements for New EBOs and MBOs
- •
- Working Capital Requirements for Existing EBOs and MBOs
- •
- General Corporate Purposes
Contact Information
Contact Details
Brandman Retail
011-46052323
DPT 718-719, 7th Floor, DLF Prime Tower, Okhla Industrial Area Phase-I, South Delhi, New Delhi, 110020
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Brandman Retail IPO is a book-built IPO worth ₹86.09 crore. The price band is ₹167–₹176 per share. The IPO opens on Feb 4, 2026 and closes on Feb 6, 2026. It will be listed on NSE SME Platform. Bigshare Services Pvt. Ltd. is the registrar.
The price band of Brandman Retail IPO is ₹167 to ₹176 per share.
The lot size of Brandman Retail IPO is 800 shares.
The minimum investment for Brandman Retail IPO is approximately ₹2,81,600 based on the upper price band .
Brandman Retail IPO opens on Feb 4, 2026 and closes on Feb 6, 2026.
The allotment date of Brandman Retail IPO is Feb 9, 2026.
Brandman Retail IPO is expected to be listed on Feb 11, 2026, on NSE SME Platform.
Brandman Retail IPO valuation snapshot: P/E 12.38, EPS ₹14.21/-, P/B 7.53, RoNW 70.33%, and market cap 324.85 Cr.
To apply for Brandman Retail IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Brandman Retail IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Brandman Retail IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Brandman Retail IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Brandman Retail IPO allotment status on IPO Ji for quick and easy access.