Established in 2021, Brandman Retail Limited is engaged in the distribution of international sports and lifestyle brands.
Brandman Retail IPO 2026 – Dates, Price Band, Lot Size & Full Details
Book Built IPO | NSE SME
IPO Snapshot
4 February 2026
6 February 2026
9 February 2026
11 February 2026 (Tentative)
₹167 to ₹176
800 shares
₹86.09 Crore
Bookbuilding IPO
Brandman Retail IPO Key Details
| Particular | Details |
|---|---|
| IPO Dates | 4 to 6 February, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹167 to ₹176 per share |
| Total Issue Size | 48,91,200 shares (₹86.09 Cr) |
| Market Cap (Pre-IPO) | ₹324.85 Cr |
| Listing At | NSE SME |
| Issue Type | Bookbuilding IPO |
| Sale Type | Fresh Capital |
| Registrar | Bigshare Services Pvt. Ltd. |
| Lead Manager | Gretex Corporate Services Ltd. |
IPO Timeline (Tentative)
| Event | Date |
|---|---|
| IPO Opens | Wednesday, 4 February 2026 |
| IPO Closes | Friday, 6 February 2026 |
| Allotment | Monday, 9 February 2026 |
| Refunds | Tuesday, 10 February 2026 |
| Shares Credited | Tuesday, 10 February 2026 |
| Listing | Wednesday, 11 February 2026 |
IPO Lot Size & Investment Details
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min & Max) | 2 | 1,600 | 2,81,600 |
| S-HNI (Min) | 3 | 2,400 | 4,22,400 |
| B-HNI (Min) | 8 | 6,400 | 11,26,400 |
IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII (HNI) | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
About Brandman Retail Ltd.
Established in 2021, Brandman Retail Limited is engaged in the distribution of international sports and lifestyle brands.
The company operates through four pillars — distribution, licensing, retail, and e-commerce — and runs Exclusive Brand Outlets (EBOs) across major North Indian cities under a non-exclusive distribution agreement.
Financial Performance (₹ Crore)
| Particular | Dec 31, 2025 | Mar 31, 2025 | Mar 31, 2024 |
|---|---|---|---|
| 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 |
| Total Assets | 101.31 | 84.73 | 40.49 |
Key Performance Indicators
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 43.69% | 108.47% |
| ROCE | 36.92% | 70.48% |
| Debt / Equity | 0.26 | 0.40 |
| RoNW | 32.64% | 70.33% |
| PAT Margin | 20.64% | 15.49% |
| EBITDA Margin | 28.35% | 23.02% |
| Price to Book Value | – | 7.53 |
Promoters
Mr. Arun Malhotra, Ms. Kavya Malhotra and Ms. Kashika Malhotra.
IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareoline.com
IPO Lead Manager
- Gretex Corporate Services Ltd.
Company Contact Details
Brandman Retail Ltd.
DPT 718–719, 7th Floor, DLF Prime Tower,
Okhla Industrial Area Phase-I,
South Delhi, New Delhi – 110020
Phone: 011-46052323
Email: info@brandmanretail.com
Frequently Asked Questions (FAQ)
What is the Brandman Retail IPO date?
The IPO opens on 4 February 2026 and closes on 6 February 2026.
What is the price band of Brandman Retail IPO?
The price band is ₹167 to ₹176 per share.
What is the minimum investment for retail investors?
Retail investors must apply for 1,600 shares amounting to ₹2,81,600.
Where will Brandman Retail IPO list?
The IPO will be listed on NSE SME.