Skip to content

Allotment

Brandman Retail Limited

Brandman Retail IPO is a book-built issue aggregating ₹86.09 crore. The IPO consists entirely of a fresh issue of 0.49 crore equity shares.

The IPO will open for subscription on February 4, 2026, and close on February 6, 2026. The allotment of shares is expected to be finalized on February 9, 2026, and the company is tentatively scheduled to list on the NSE SME platform on February 11, 2026.

The price band for the Brandman Retail IPO has been fixed at ₹167 to ₹176 per share. The lot size is 800 shares per application.

Retail investors are required to apply for a minimum of 2 lots (1,600 shares), amounting to ₹2,81,600 at the upper price band.

HNI investors must apply for a minimum of 3 lots (2,400 shares), with an investment value of ₹4,22,400.

Gretex Corporate Services Ltd. is the book-running lead manager to the issue, while Bigshare Services Pvt. Ltd. is acting as the registrar. The market makers for the IPO are Gretex Share Broking Pvt. Ltd. and Shree Bahubali Stock Broking Ltd.

Brandman Retail IPO & Charts
₹176

0%

Open

₹176

HIgh - Low

₹176

Previous Close

₹176

Total Traded Value

0

52 Weeks High

₹176

52 Weeks Low

₹176

Updates On

Feb 1, 2026

IPO. Open

Feb 4, 2026

IPO. Close

Feb 6, 2026

IPO. Price

₹176.00

IPO Market price

₹324.85 Cr

IPO Details

IPO Date 11 Feb
IPO Listing Date 11 Feb
IPO Face Value ₹10.00 per share
IPO Price Range ₹176.00
IPO Issue Size 48,91,200 shares
IPO Sale Type Fresh Capital
Employee Discount -
IPO Issue Type Bookbuilding IPO
IPO Listing NSE SME Platform
Share Holding Pre Issue 1,35,65,986 shares

IPO Timeline

IPO Open Date 4 Feb
IPO Close Date 6 Feb
IPO Allotment (Tentative) 9 Feb
Refunds 10 Feb
Credit to Demat Account 10 Feb
IPO Listing Date 11 Feb

IPO Reservation

Category Offer
QIB Shares Offered Not more than 50% of the Net Issue
NII (HNI) Shares Offered Not less than 35% of the Net Issue
Retail Shares Offered Not Less than 15% of the Net Issue

IPO Lot Size

Investors can apply for a minimum of 1,600 shares and thereafter in multiples of 800 shares.

Application Lots Share Amount
Retail (Min) 2 1,600 ₹2,81,600
Retail (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
About Company

Established in 2021, Brandman Retail Limited is engaged in the distribution of international sports and lifestyle brands. The company operates through four core verticals—distribution, licensing, retail, and e-commerce—with a strong focus on innovation, customer centricity, and sustainability.

Brandman Retail operates Exclusive Brand Outlets (EBOs) across northern India, including key cities such as Ahmedabad, Ambala, Dehradun, New Delhi, Jalandhar, Bathinda, Gurugram, Lucknow, and Noida. All EBOs are operated in accordance with the License Grantee’s standards and predominantly retail the New Balance brand under a non-exclusive distribution agreement.

In addition, the company operates two Multi-Brand Outlets (MBOs) under the brand name “Sneakrz” located in Bathinda and New Delhi, along with a total of 11 EBOs.

The company holds non-exclusive distribution agreements, enabling it to offer a diverse and high-quality product portfolio to its customers. Brandman Retail also has a strong online presence, selling through leading e-commerce platforms such as Flipkart, Ajio, and Tata Cliq, with regular monthly order fulfillment.

Competitive Strengths

Experienced promoters and a professional management team

Omni-channel distribution network

Asset-light and scalable business model

Strategic presence across North India, ensuring strong market access

Diverse product portfolio with access to global brands

Strong brand synergy and growth potential

Expanding consumer base with strong customer loyalty

-

Company Financials (Consolidated)

Assets 101.31 84.73 40.49
Total Income 97.21 136.3 123.49
Profit After Tax 19.67 20.95 8.27
EBITDA 27.02 31.15 12.01
NET Worth 60.26 29.79 8.84
Reserves and Surplus 46.7 17.04 8.59
Total Borrowing 15.68 11.87 3.53

Key Performance Indicator (KPI)

ROE 43.69%
ROCE 36.92%
Debt/Equity 0.26
RoNW 32.64%
PAT Margin 20.64%
EBITDA Margin 28.35%
Price to Book Value -
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries 27.9
2 To meet out the expenses of Working Capital Requirement -
3 To meet out the General Corporate Purposes; -
4 Offer for Sale (OFS) -

Contact Details

Brandman Retail Ltd. Address
DPT 718-719,
7th Floor DLF Prime Tower
Okhla Industrial Area Phase-I,
South Delhi, New Delhi, 110020
011-46052323
info@brandmanretail.com
https://brandmanretail.com/

Detail Registrar

IPO Registrar
Bigshare Services Pvt.Ltd.

+91-22-6263 8200
ipo@bigshareoline.com
https://ipo.bigshareonline.com/IPO_Status.html

Compare:

Back To Top