Brandman Retail Ltd IPO: Brandman Retail Limited, a prominent player in the footwear and athleisure retail space, is set to launch its Initial Public Offering (IPO) on February 4, 2026. As the company aims to expand its retail footprint with 15 new outlets, investors are closely watching this NSE SME issue.
In this comprehensive guide, we cover everything you need to know about the Brandman Retail IPO, including the price band, latest Grey Market Premium (GMP), and how to check your allotment status.
Brandman Retail IPO Overview (Key Details)
| Feature | Details |
| IPO Open Date | February 4, 2026 |
| IPO Close Date | February 6, 2026 |
| Price Band | ₹167 to ₹176 per share |
| Lot Size | 800 Shares |
| Total Issue Size | ₹86.09 Crores |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Registrar | Bigshare Services Pvt Ltd |
Brandman Retail IPO Timeline
Staying updated with the timeline is crucial to ensure you don’t miss the subscription or refund dates.
- IPO Open Date: February 4, 2026
- IPO Close Date: February 6, 2026
- Basis of Allotment: February 9, 2026
- Initiation of Refunds: February 10, 2026
- Credit of Shares to Demat: February 10, 2026
- Listing Date: February 11, 2026
Brandman Retail IPO Price & Lot Size
The price band for the Brandman Retail IPO is fixed at ₹167 to ₹176 per equity share.
Retail investors must apply for a minimum of 2 lots (1,600 shares) due to the SME classification, bringing the minimum investment to ₹2,81,600.
- Retail (Min): 1,600 Shares | ₹2,81,600
- HNI (Min): 2,400 Shares | ₹4,22,400
Brandman Retail IPO GMP Today (Grey Market Premium)
Note: GMP is an unofficial market sentiment indicator. It fluctuates based on demand and market conditions.
As of today, the Brandman Retail IPO GMP is showing steady interest. While the official “Grey Market” numbers are currently settling around the ₹0–₹20 range (rumored), the strong financial performance of the company in FY25 suggests potential for listing gains.
Check back daily for live updates on the Brandman Retail GMP.
How to Check Brandman Retail IPO Allotment Status
Once the allotment is finalized on February 9, 2026, you can check your status on the registrar’s website:
- Visit the Bigshare Services Allotment Page.
- Select “Brandman Retail Limited” from the dropdown menu.
- Enter your PAN Number, Application Number, or DP Client ID.
- Click on Search to view your allotment status.
About Brandman Retail Ltd
Founded in 2021, Brandman Retail specializes in distributing international sports and lifestyle brands like New Balance, On, and Salomon. With a strong presence in North India (Delhi, Haryana, Gujarat) and an expanding export business to Dubai, the company has shown impressive growth:
- Revenue (FY25): ₹135.29 Crore
- Profit After Tax (FY25): ₹20.95 Crore
- Debt-to-Equity: 0.40 (Healthy)
Should You Invest?
The company follows an asset-light model and has a strong ROE (Return on Equity). However, investors should note the high revenue concentration from a single brand (New Balance) as a primary risk factor.
Disclaimer: IPO investments are subject to market risks. Please read the Red Herring Prospectus (RHP) carefully and consult your financial advisor before investing.
Leave a Reply