Brandman Retail was incorporated in 2021. It operates in multi-channel distribution of international sports and lifestyle brands (footwear, apparel, accessories) via:
- Exclusive Brand Outlets (EBOs)
- Multi-Brand Outlets (MBOs under “Sneakrz”)
- E-commerce marketplaces (Flipkart, Ajio, Tata Cliq)
- Direct-to-consumer website
As of Dec 31 2025, the company had 11 EBOs and 2 MBOs across cities like Delhi, Gurugram, Noida, Lucknow, Dehradun, Ahmedabad, etc
Here’s a complete overview of the Brandman Retail IPO — including dates, price band, allotment, financials, use of proceeds, company background, and other key details you asked about: (IPO UPDATES)
📌 Brandman Retail IPO – Key Details
Company Name: Brandman Retail Limited
Industry: Sports & lifestyle retail — distribution and sale of branded footwear, apparel, accessories.
📅 IPO Dates & Timeline
| Event | Date |
|---|---|
| IPO Open | 04 Feb 2026 |
| IPO Close | 06 Feb 2026 |
| Allotment Finalization | 09 Feb 2026 |
| Refunds (if any) | 10 Feb 2026 |
| Credit to Demat | 10 Feb 2026 |
| Listing Date | 11 Feb 2026 |
💰 Price & Market Lots
- Price Band: ₹167 – ₹176 per share
- Face Value: ₹10 per share
- Minimum Lot Size: 800 shares (≈ ₹1,40,800 at upper band)
- Minimum Bid: 1,600 shares for retail investors (2 lots)
- Listing Exchange: NSE SME
📈 IPO Size & Structure
- Total Issue Size: ~48,91,200 shares (≈ ₹86.09 Cr)
- Fresh Issue: All shares are fresh, meaning funds go to the company
- Offer For Sale: Nil
- Retail Quota: ~35%
- QIB Quota: ~50%
- HNI Quota: ~15%
👥 Promoters & Holding Structure
Promoters:
- Mr. Arun Malhotra
- Ms. Kavya Malhotra
- Ms. Kashika Malhotra
Shareholding Pattern:
Before the IPO promoters hold the majority of shares; their stake will reduce after the IPO to allow public shareholding.
🏢 About Brandman Retail
Brandman Retail was incorporated in 2021. It operates in multi-channel distribution of international sports and lifestyle brands (footwear, apparel, accessories) via:
- Exclusive Brand Outlets (EBOs)
- Multi-Brand Outlets (MBOs under “Sneakrz”)
- E-commerce marketplaces (Flipkart, Ajio, Tata Cliq)
- Direct-to-consumer website
As of Dec 31 2025, the company had 11 EBOs and 2 MBOs across cities like Delhi, Gurugram, Noida, Lucknow, Dehradun, Ahmedabad, etc.
📊 Company Financials (₹ in crores)
| Year / Period | Revenue | Expense | Profit After Tax (PAT) |
|---|---|---|---|
| FY2024 | ₹123.49 | ₹112.34 | ₹8.27 |
| FY2025 | ₹136.30 | ₹107.97 | ₹20.95 |
| Dec 31 2025 | ₹97.21 | ₹70.68 | ₹19.67 |
📐 Valuation – FY2025 Metrics
| Metric | Value |
|---|---|
| EPS | ₹16.43 |
| P/E Ratio | N/A / SME valuation basis |
| RoE | ~70% |
| RoCE | ~75% |
| PAT Margin | ~15% |
| Debt-to-Equity | 0.40 |
(These metrics help assess profitability and efficiency; higher RoE/RoCE is generally positive.)
🎯 Objects of the Issue (Use of IPO Proceeds)
The funds from the IPO are planned to be used for:
- Expansion of retail footprint – opening ~15 new EBOs/MBOs
- Working capital for new outlets
- Working capital for existing outlets
- General corporate purposes
🤝 IPO Lead Manager & Registrar
- Lead Manager: Gretex Corporate Services Ltd.
- IPO Registrar: Bigshare Services Pvt Ltd.
🧠 Peer Comparison
Brandman’s financial performance compared to established players like Bata India or Liberty Shoes may show smaller scale but strong profit margins and growth potential in an expanding retail segment.
❓ FAQs (Common Investor Questions)
Q: When will the shares list?
➡️ Shares are expected to list on 11 Feb 2026.
Q: How to check allotment status?
➡️ Through the registrar’s website (Bigshare) or exchange IPO status pages with your PAN.
Q: Is it an SME IPO?
➡️ Yes, it’s being listed on the NSE SME platform.
DISCLAIMER
The information shared here is intended solely for educational and general awareness purposes. Any securities, investments, or IPO-related details mentioned should not be interpreted as financial advice or investment recommendations. Readers are encouraged to conduct their own independent research or seek guidance from a qualified financial professional before making investment decisions.
IPO-related updates are provided for informational use only. Market trends, past performance, or investor interest do not ensure future outcomes. We are not registered with SEBI. Investments in IPOs and the securities market involve inherent risks, and individuals should carefully evaluate their financial situation or consult a certified financial advisor before investing.
