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Open
4 Feb 2026
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Close
6 Feb 2026
3
Allotment
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Listing
Wed, Feb 11, 2026
Price Band
₹167 to ₹176
Issue Size
48,91,200 shares (agg. up to ₹86 Cr)
Lot Size
800 Shares
Listing Date
Wed, Feb 11, 2026
Latest GMP
₹17
Est. Gain
9.66%
✦ AI Insight
GMP Trend
11-02-2026₹17Est. ₹193+9.66%
10-02-2026₹17Est. ₹193+9.66%
09-02-2026₹15Est. ₹191+8.52%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 80.10x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 101.31 | 84.73 | 40.49 |
| Total Income | 97.21 | 136.30 | 123.49 |
| Profit After Tax | 19.67 | 20.95 | 8.27 |
| EBITDA | 27.02 | 31.15 | 12.01 |
| NET Worth | 60.26 | 29.79 | 8.84 |
| Reserves and Surplus | 46.70 | 17.04 | 8.59 |
| Total Borrowing | 15.68 | 11.87 | 3.53 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Marc Loire Fashions Ltd. | SME | ₹21.00 Cr | ₹100 | 10.63 | ₹76.00 | -24.00% | ₹37.68 (-2.91%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure for expansion of New Retail Network by launching 15 Exclusive Brand Outlets (EBOs) and Multi-Brand Outlets (MBOs) | 27.90 |
| 2 | Working Capital Requirements for New EBOs and MBOs | 11.78 |
| 3 | Working Capital Requirements for Existing EBOs and MBOs | 26.72 |
| 4 | General Corporate Expenses | 8.16 |
| 5 | Issue Expenses | 11.52 |
| Total | 86.09 |
About Brandman Retail IPO
Established in 2021, Brandman Retail Limited distributes international sports and lifestyle brands. The company operates through four key pillars: distribution, licensing, retail, and e-commerce. It is committed to innovation, customer centricity, and sustainability. The company operates Exclusive Brand Outlets (EBOs) in northern India, including cities like Ahmedabad, Ambala, Dehradun, New Delhi, Jalandhar, Bathinda, Gurugram, Lucknow, and Noida. Each store meets the License Grantee's standards and primarily represents the New Balance brand under a non-exclusive distribution agreement. The company operates two MBOs called "Sneakrz" in Bhatinda and New Delhi and 11 EBOs. The company holds non-exclusive distribution agreements to ensure a diverse, high-quality product range for customers. They sell online through Flipkart, Ajio, and Tata Cliq, fulfilling monthly orders. Competitive Strength: Experienced promoters and professional team. Omni-channel Distribution network. Asset light and Scalable Business Model. Strength comes from strategic locations across North India, ensuring strong market access. Diverse product portfolio and access to global market. Strong Brand Synergy & Growth
Contact Details
Brandman Retail Ltd. AddressDPT 718-7197th Floor DLF Prime TowerOkhla Industrial Area Phase-INew Delhi, New Delhi, 110020011-46052323info@brandmanretail.comVisit Website