Brandman Retail
CLOSEDIPO Date: 4 Feb - 6 Feb 2026
Listing Date: 11 Feb 2026
Price Range
Rs.167 - Rs.176
Issue Size
87 Cr
Min Investment
₹1,33,600
Lot Size
800 Shares
Schedule of Brandman Retail
Issue open date
4 Feb 2026
Issue close date
6 Feb 2026
UPI mandate deadline
6 Feb 2026 (5 PM)
Allotment finalization
9 Feb 2026
Share credit
10 Feb 2026
Listing date
11 Feb 2026
Mandate end date
21 Feb 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 87 Cr |
| Fresh Issue | 86.09 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 9 Feb 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 10 Feb 2026 | ₹176 | ₹17 | ₹193 (9.66%) |
| 8 Feb 2026 | ₹176 | ₹20 | ₹196 (11.36%) |
| 7 Feb 2026 | ₹176 | ₹20 | ₹196 (11.36%) |
| 5 Feb 2026 | ₹176 | ₹26 | ₹202 (14.77%) |
| 3 Feb 2026 | ₹176 | ₹12 | ₹188 (6.82%) |
| 2 Feb 2026 | ₹176 | ₹0 | ₹176 (0%) |
| 1 Feb 2026 | ₹176 | ₹0 | ₹176 (0%) |
| 31 Jan 2026 | ₹176 | ₹0 | ₹176 (0%) |
Performance Brandman Retail
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.167 - Rs.176 | ₹ 514 (3.98%) | ₹ 162.75 | -7.53% |
About Brandman Retail
Brandman Retail Limited is engaged in the distribution and retail of premium international brands in India through non-exclusive distribution arrangements. The company operates across multiple sales channels. These include Exclusive Brand Outlets (EBOs) managed under specific brand agreements, Multi-Brand Outlets (MBOs) operated under its “Sneakrz” trademark, e-commerce marketplaces, and its own website. Brandman Retail also supplies products to third-party footwear retailers, where the products are sold to end customers through both online and offline formats. The company distributes and retails branded products through licensing, reseller arrangements, and distribution networks, and updates its product mix based on consumer demand. Brandman Retail’s registered office is located at DLF Prime Tower, Okhla Phase-I, New Delhi, India.
| Founded in | 2021 |
| Managing director | Mr Arun Malhotra |
| Parent organization |
Financial Overview
Strengths
- Portfolio of premium international footwear and athleisure brands.
- Presence across EBOs, MBOs, online marketplaces, and own website.
- Rapid expansion of retail footprint across multiple Indian cities.
- Experienced promoters with strong retail and brand management backgrounds.
- Improving store-level metrics, such as revenue per square foot.
Risks
- Dependence on non-exclusive brand licensing and distribution arrangements.
- High working capital requirements due to inventory-led operations.
- Geographic concentration of stores may expose the business to regional risks.
- Intense competition from established domestic and global brands.
- Exposure to changing consumer preferences and fashion trends.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 85.12 |
| Non-Institutional Investors (NIIs) | 150.9 |
| Retail Individual Investors (RIIs) | 92.46 |
| Employee | N/A |
| Total | 106.19 |