Brandman Retail IPO Details

SME NSE

Brandman Retail IPO Summary

Brandman Retail Logo | Brandman Retail IPO Details, Date, Price, GMP, Live Subscription

Brandman Retail IPO opens for subscription on 04 Feb 2026 and closes on 06 Feb 2026.The IPO will be listed on NSE with the tentative listing date set for 11 Feb 2026.

Brandman Retail IPO price band has been fixed at ₹167 – ₹176 per share. The face value is ₹10 per share with a lot size of 800.

Brandman Retail IPO total issue size comprises 48,91,198 shares (aggregating up to ₹86.09 Cr). This includes a fresh issue of 48,91,200 shares (aggregating up to ₹86.09 Cr). Pre-issue shareholding stands at 1,35,65,986, which will increase to 1,84,57,186 post-issue.

Brandman Retail IPO carries a ₹17 (9.66%) GMP, reflecting investor sentiment.

Brandman Retail IPO Lot Size :Individual Minimum is 2 lots (1,600 shares) amounting to ₹281,600. Individual Maximum is 2 lots (1,600 shares) amounting to ₹281,600. SHNI Minimum is 3 lots (2,400 shares) amounting to ₹422,400. SHNI Maximum is 7 lots (5,600 shares) amounting to ₹985,600. BHNI Minimum is 8 lots (6,400 shares) amounting to ₹1,126,400.

The Lead Managers for Brandman Retail IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Gretex Corporate Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Gretex Share Broking Pvt Ltd, Shree Bahubali Stock Broking. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Brandman Retail Limited RHP.

Brandman Retail IPO Details

Listing Price : ₹183 at a Premium of 3.98%
Open Date
04 Feb 2026
Close Date
06 Feb 2026
Listing Date
11 Feb 2026
Issue Price
₹167 - ₹176
Face Value
₹10 per share
Lot Size
800 Shares
GMP
₹17(9.66%)
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Pre-issue Shareholding
1,35,65,986 shares
Post-issue Shareholding
1,84,57,186 shares
Total Issue Size
48,91,198 shares(aggregating up to ₹86.09 Cr)
Fresh Issue
48,91,200 shares(aggregating up to ₹86.09 Cr)
Offer for Sale
-

Brandman Retail IPO Subscription

Brandman Retail IPO Application Wise Breakup

Brandman Retail IPO Dates

  • 04 Feb 2026
    Opening dateOpen
  • 06 Feb 2026
    Closing dateClose
  • 09 Feb 2026
    Allotment Date Allotment
  • 10 Feb 2026
    Initiation of RefundsRefund
  • 10 Feb 2026
    Credit of SharesCredit
  • 11 Feb 2026
    Listing dateListing

Brandman Retail IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum21600₹281,600
Individual Maximum21600₹281,600
SHNI Minimum32400₹422,400
SHNI Maximum75600₹985,600
BHNI Minimum86400₹1,126,400

Brandman Retail IPO Reservation

Promoter Holding

Pre Issue:
93.91%
Post Issue:
69.04%
Promoter Names:
Mr. Arun Malhotra, Ms. Kavya Malhotra, Ms. kashika Malhotra.

Brandman Retail IPO Valuations

ROE43.69%
ROCE36.92%
Debt/Equity0.26
RoNW32.64%
PAT Margin20.64%
EBITDA Margin28.35%
EPSRs (Pre IPO)15.45
EPSRs (Post IPO)14.21

Brandman Retail Financial Information

Period Ended31 Dec 202531 Mar 202531 Mar 2024
Assets101.3184.7340.49
Total Income97.21136.30123.49
Profit After Tax19.6720.958.27
EBITDA27.0231.1512.01
NET Worth60.2629.798.84
Reserves and Surplus46.7017.048.59
Total Borrowing15.6811.873.53
Amount in ₹ Crore

About Brandman Retail IPO

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

The Company operates 11 Exclusive Brand Outlets (EBOs) across northern India, including Ahmedabad, Ambala, Dehradun, New Delhi, Jalandhar, Bathinda, Gurugram, Lucknow, and Noida. These outlets primarily represent the New Balance brand under a non-exclusive distribution agreement.

In addition, Brandman Retail Limited operates two Multi-Brand Outlets (MBOs) under the brand name “Sneakrz” in Bathinda and New Delhi. The Company holds non-exclusive distribution agreements, enabling a diversified and high-quality product offering.

The Company also sells its products online through leading e-commerce platforms including Flipkart, AJIO, and Tata Cliq, fulfilling monthly customer orders and supporting its omni-channel strategy.

Through its integrated physical retail and digital distribution network, Brandman Retail Limited caters to customers seeking premium international sports and lifestyle products.

Strength Of Brandman Retail IPO

  • Experienced Promoters and Management Team.
  • Long standing relationships with customers.
  • Efficient operational team.
  • Consistent financial performance.
  • Scalability due to scarcity in supply.

Risk Of Brandman Retail IPO

  • Its company's success relies on brand recognition and reputation. Failures to maintain or strengthen the image of the brands the company operate may significantly impact its business, financial stability, and operational results.
  • Its operations are significantly dependent on the company ability to successfully identify customer requirement and Preferences and gain customer acceptance for its own and licensed brand.
  • The company tops 10 customers contribute approximately 3.28% and 22.7% of its revenues for the financial year ending March 31, 2024 and six months ended September 30, 2024 respectively. Any loss of business from one or more of them may adversely affect the company revenues and profitability.
  • The company has experienced negative cash flows from operations in the recent past, and it may have negative cash flows in the future.
  • The Company has availed unsecured loans which are repayable on demand. Any demand from lenders for repayment of such unsecured loans, may adversely affect its cashflow.
  • Its insurance coverage may not be adequate to protect it against certain operating hazards and this may have a material adverse effect on the company business.
  • The company has in the past entered into related party transactions and may continue to do so in the future, which may potentially involve conflicts of interest with the equity shareholders.
  • Its faces competition in our business from domestic and international brands. Such competition would have an adverse impact on the company business and financial performance.
  • Its Promoters and Directors have provided personal guarantees for financing facilities availed by the Company and may in the future provide additional guarantees and any failures or default by the Company to repay such facilities in accordance with the terms and conditions of the financing agreements could trigger repayment obligations on them, which may impact their ability to effectively service their obligations as its Promoters and Directors and thereby, adversely impact .
  • Its Promoters and the Promoter Group will jointly continue to retain majority shareholding in the Company after the Issue, which will allow them to determine the outcome of the matters requiring the approval of shareholders.

Objectives Brandman Retail IPO

1. Funding Capital Expenditure for expansion of our New Retail Network by launching 15 Exclusive Brand Outlets (EBOs) and Multi-Brand Outlets (MBOs)

2. Working Capital Requirements for New EBOs and MBOs

3. Working Capital Requirements for Existing EBOs and MBOs

4. General Corporate Expenses

Company Contact Details

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

Registrar Contact Details

Name:
Bigshare Services Pvt Ltd
Phone:
+91-22-62638200

Brandman Retail FAQs

The Brandman Retail IPO is a SME public issue comprising 4891198 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹86.09 Cr. The issue price has been fixed at ₹176 per equity share, and the minimum application size is 800 shares.

The IPO opens for subscription on 04 Feb 2026, and closes on 06 Feb 2026.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE

The Brandman Retail IPO opens on 04 Feb 2026.

Brandman Retail IPO lot size is 800, and the minimum amount required for application is ₹140800.

You may apply for the Brandman Retail IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Brandman Retail IPO is scheduled to be finalized on 09 Feb 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 10 Feb 2026. Investors are advised to regularly check the Brandman Retail IPO allotment status for updates.

The listing date for the Brandman Retail IPO has not yet been officially announced. However, the tentative listing date is scheduled for 11 Feb 2026.

Brandman Retail IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹17 (9.66%).

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