
Consumer Discretionary · NSE
Brandman Retail Limited, incorporated in 2021, is engaged in the distribution of international sports and lifestyle brands in India and operates a multi-channel business model spanning distribution, licensing, retail, and e-commerce with an emphasis on innovation, customer-centricity, and sustainability. The company manages 11 Exclusive Brand Outlets across northern India in cities such as Ahmedabad, New Delhi, Gurugram, Lucknow, and Noida, primarily retailing the New Balance brand under non-exclusive distribution agreements, and also operates two Multi-Brand Outlets under the “Sneakrz” brand in Bathinda and New Delhi. In addition to its physical retail presence, Brandman Retail has a strong digital footprint, selling products through major e-commerce platforms including Flipkart, Ajio, and Tata Cliq, with consistent monthly order fulfillment.
Price Band
₹167 – ₹176
Issue Size
₹86.08 Cr
Lot Size
800 shares
GMP
+9.1%
Est. Listing
₹192
at current GMP
Subscribed
114.55x
overall
Open
4 Feb 2026
Close
6 Feb 2026
Allotment
9 Feb 2026
Refund
10 Feb 2026
Demat Credit
11 Feb 2026
Listing
11 Feb 2026
Designated Registrar: Bigshare Services Private Limited
Allotment Date
9 Feb 2026
Basis finalization
Refunds Initiate
10 Feb 2026
Mandate release
Demat Credit
11 Feb 2026
Shares in demat
Listing Debut
11 Feb 2026
Trading begins
Brandman Retail Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹86.08 Crores. The shares are offered at a price band of ₹167 to ₹176 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,40,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-02-11, while un-allotted funds or UPI block mandates will be released on 2026-02-10.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.