Brandman Retail IPO 2026 – Price Band, Subscription Status, Allotment & Listing Date
Latest Grey Market Premium & IPO Details
Brandman Retail IPO 2026 – Key Info & Highlights
Brandman Retail IPO 2026 opened on 4 February 2026 with a price band of ₹176 per share and listed with a strong gain of ₹183 per share, delivering impressive returns to investors.
📌 IPO Details
| Company Name | Brandman Retail IPO |
|---|---|
| Sector / Industry | Branded Footwear & Apparel Retail Company |
| IPO Open Date | 04-02-2026 |
| IPO Close Date | 06-02-2026 |
| Allotment Date | 09-02-2026 |
| Refund Date | 10-02-2026 |
| Share Credit Date | 10-02-2026 |
| Listing Date | 11-02-2026 |
| Price Band | ₹167 - ₹176 |
| Lot Size | 800 Shares |
| Min Investment | ₹2,81,600 |
| Total Issue Size | ₹86.09 Cr |
| Reserved for Market Maker | ₹4.31 Cr |
| Net Issue Size | ₹81.78 Cr |
| Fresh Issue | ₹81.78 Cr |
| IPO Listing At | NSE SME |
| DRHP | View DRHP |
| RHP | View RHP |
| Issue Type | Book Build Issue |
| Face Value | ₹10 Per Equity Share |
| Promoter Holding Pre IPO | 93.91 % |
| Min Small HNI Lots | 2400 shares (3 lots) |
* All Dates are provisional
Quota Allocation
| Category | Allocation (%) |
|---|---|
| Retail Investors | 35% |
| QIB (Qualified Institutional Buyers) | 50% |
| HNI (High Net Worth Individuals) | 15% |
📈 Grey Market Premium (GMP) Day-wise Trend
| GMP Date | GMP Price | Trend | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 10-02-2026 | ₹12.00 | ▼ | ₹188.00 | ₹9600.00 | 10-02-2026 23:00 |
| 09-02-2026 | ₹15.00 | ▼ | ₹191.00 | ₹12000.00 | 09-02-2026 23:00 |
| 08-02-2026 | ₹20.00 | - | ₹196.00 | ₹16000.00 | 08-02-2026 23:20 |
📝 About Brandman Retail
Brandman Retail Limited is an Indian retail and distribution company engaged in the business of branded footwear, sportswear, and lifestyle apparel. The company was incorporated in 2021 and has been steadily strengthening its presence in the organized retail segment.
Brandman Retail sells its products through a well-diversified network that includes Exclusive Brand Outlets (EBOs), Multi-Brand Outlets (MBOs), and online platforms. This omni-channel retail model enables the company to reach a wide customer base across urban and semi-urban markets in India.
The company operates as a retail and distribution partner for several well-known domestic and international sports and lifestyle brands. Its product portfolio primarily focuses on performance footwear, athleisure wear, and everyday lifestyle products designed to meet the evolving preferences of modern Indian consumers.
Brandman Retail Limited’s growth strategy is centered on expanding its store network, strengthening brand partnerships, improving supply chain efficiency, and opening retail outlets at strategically selected locations. Backed by an experienced management team, the company aims to scale its business operations and further diversify its brand portfolio in the coming years.
Investor interest in Brandman Retail Limited has been increasing, especially as market participants closely track indicators such as IPO grey market premium today and latest IPO GMP today. While evaluating the company’s performance and long-term growth potential, investors also keep an eye on IPO GMP today live updates and emerging upcoming IPO GMP today trends.
As Brandman Retail Limited is set to be listed in the SME segment, investors are particularly focused on factors such as the SME IPO allotment status and the company’s performance after listing. These aspects play an important role in assessing short-term listing gains as well as the stock’s future prospects in the secondary market.
Brandman Retail Revised Financials
Profit / Loss & Total Assets (Last 3 Years)
| Financial Year | Revenue (₹ Cr) | Profit / Loss (₹ Cr) | Total Assets (₹ Cr) |
|---|---|---|---|
| FY 2023 | 52.73 | +0.44 | 38.01 |
| FY 2024 | 127.69 | +8.30 | 48.58 |
| FY 2025 | 136.30 | +20.95 | 84.72 |
| 31 Dec 2025 | 97.21 | +19.67 | 101.31 |
Note: Positive figures indicate profit, while negative figures indicate loss. Total Assets are reported in ₹ Cr. These figures are based on the restated financial statements in the company’s IPO filing.
Brandman Retail Limited – Objects of the Issue
- ₹ 23.40 Cr. – Funding capital expenditure for expansion of the new retail network through the launch of 15 Exclusive Brand Outlets (EBOs) and Multi-Brand Outlets (MBOs) at strategically selected locations across India.
- ₹ 11.78 Cr. – Meeting the working capital requirements for newly established EBOs and MBOs, including inventory procurement, store operations, manpower deployment, and initial operating expenses.
- ₹ 267.22 Cr. – Funding working capital needs of existing EBOs and MBOs to support inventory stocking, vendor payments, logistics, marketing activities, and day-to-day business operations.
- General Corporate Purposes – To meet issue-related expenses, administrative and operational costs, strengthening internal systems and processes, brand-building initiatives, regulatory compliance, and other strategic business requirements.
Brandman Retail Limited – Strengths
- Diversified Retail Presence – The company operates through a balanced mix of Exclusive Brand Outlets (EBOs), Multi-Brand Outlets (MBOs), and online sales channels, enabling wider market reach across urban and semi-urban regions.
- Strong Brand Partnerships – Brandman Retail has established relationships with reputed domestic and international footwear, sportswear, and lifestyle brands, supporting stable demand and customer trust.
- Scalable Business Model – The company’s asset-light and expansion-focused retail model allows efficient scaling of operations while maintaining cost control and operational flexibility.
- Efficient Supply Chain and Inventory Management – A structured procurement and distribution framework helps optimize inventory levels, improve product availability, and reduce operational risks.
- Experienced Management Team – The company is led by a management team with experience in retail operations, brand management, and supply chain execution, supporting consistent business growth.
- Growing Demand for Branded Footwear and Lifestyle Products – Increasing consumer preference for branded and organized retail products provides long-term growth opportunities for the company.
Brandman Retail Limited – Key Risk Factors
- Dependence on Consumer Demand and Market Conditions – The company’s business is dependent on consumer spending patterns and overall market conditions. Any slowdown in discretionary spending or adverse economic conditions may impact sales and profitability.
- Dependence on Key Brand Partnerships – Brandman Retail relies on relationships with domestic and international footwear and lifestyle brands. Any disruption, termination, or adverse change in such partnerships could affect product availability and business performance.
- Inventory Management and Working Capital Risk – The retail business requires significant investment in inventory and working capital. Inefficient inventory management or changes in demand trends may result in higher holding costs, obsolescence, or pressure on cash flows.
- Expansion and Execution Risk – The company’s growth strategy involves opening new EBOs and MBOs. Delays in store rollout, higher-than-expected costs, or underperformance of new outlets may adversely impact financial performance.
Brandman Retail Limited
Leading Retail Distributor of Branded Footwear & Lifestyle Apparel
| Founded in: | 2021 |
|---|---|
| MD/CEO: | Arun Malhotra (Managing Director) |
| Address: | DPT 718-719, 7th Floor, DLF Prime Tower Okhla Industrial Area Phase-I South Delhi, New Delhi, Delhi 110020, India |
| Website: | brandmanretail.com |
| Phone: | +011-46052323 |
| Email: | info@brandmanretail.com |
| Services: | Distribution and retail of international sports & lifestyle brands; Exclusive Brand Outlets (EBOs) & Multi-Brand Outlets (MBOs); e-commerce retail. |
IPO Quick Info
04 Feb 2026
06 Feb 2026
Upcoming
Lead Manager(s)
- Gretex Corporate Services Ltd.
Related IPOs
- Bagmane REIT
- Recode Studios
- OnEMI Technology
- Value 360 Communications
- Amba Auto Sales & Services
- Adisoft Technologies
- Leapfrog Engineering
- Citius Transnet InvIT
- Mehul Telecom
- Om Power Transmission
- Propshare Celestia
- Safety Controls
- Emiac Technologies
- Vivid Electromech
- Highness Microelectronics
- Sai Parenterals Limited
- Powerica Limited
- Speciality Medicines
- Tipco Engineering
- Amir Chand Jagdish Kumar
Frequently Asked Questions
Brandman Retail Limited IPO is attracting interest due to the company’s expanding retail presence in branded footwear and lifestyle products. Investors also track indicators like IPO grey market premium today and latest IPO GMP today to understand market sentiment.