The allotment process for Brandman Retail IPO is expected to be finalised today on February 09, 2026. The company opened its bidding window for the IPO on February 04, 2026 till February 06, 2026. The shares of Brandman Reatil Ltd will be listed on NSE and the tentative listing date is fixed as February 11, 2026.
Brandman Retail Ltd is involved in the distribution and retail of premium international brands in India through non-exclusive distribution arrangements. The company distributes and retails branded products through licensing, reseller arrangements, and distribution networks, and updates its product mix based on consumer demand.
Know the procedure to check Brandman Retail IPO allotment status online on the NSE, and the registrar’s website.
The Brandman Retail IPO was a book build issue of ₹86.09 crores and was entirely a fresh issue of 0.49 crore shares. The price band was set between ₹167 and ₹176 per share, with a lot size of 800 shares, requiring a minimum investment of ₹2,67,200 for retail investors.
Gretex Corporate Services Ltd. was the book running lead manager and Bigshare Services Pvt.Ltd. was the registrar of the issue. The Market Maker of the company were Gretex Share Broking Pvt.Ltd. and Shree Bahubali Stock Broking Ltd.
[February 06, 2026, end of the day]
On Day 3, Brandman Retail IPO was overall subscribed 114.48 times. The public issue was subscribed 93.12 times by the Retail Individual Investors (RIIs), 202.98 times by the Non Institutional Investors (NIIs), and 85.24 times by the Qualified Institutional Buyers (QIBs).
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The Company proposes to utilise the Net Proceeds towards funding the following objects:
As per media reports, the Grey Market Premium (GMP) of Brandman Retail Ltd was reported at ₹28 over the IPO price on the last day of the IPO, i.e., on February 06, 2026.
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Brandman Retail Ltd is a New Delhi-based retail company established in 2021 that specialises in the distribution and sale of licensed fashion, footwear and athleisure products under global lifestyle brands. The company markets and supplies its products through a mix of exclusive brand outlets (EBOs), multi-brand outlets (MBOs), e-commerce platforms and wholesale channels, catering to diverse consumer segments across price points. Brandman’s operations combine distribution, licensing, retail and online sales to build a pan-India presence in sports, casual and lifestyle wear.
Financially, for the year ended March 31, 2025 (FY25), Brandman Retail reported a revenue of approximately ₹136.23 crore, up from around ₹123.31 crore in FY24, and a profit after tax (PAT) of about ₹20.98 crore, versus ₹8.13 crore in the previous year.
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