{"id":60786,"date":"2026-02-04T11:23:53","date_gmt":"2026-02-04T05:53:53","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=60786"},"modified":"2026-02-04T11:25:06","modified_gmt":"2026-02-04T05:55:06","slug":"brandman-retail-ipo-gmp-subscription-day-1","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/","title":{"rendered":"Brandman Retail IPO Day 1: Subscription at 0.09x, GMP Jumps 6.82% | Live Updates"},"content":{"rendered":"<p>The <strong>Brandman Retail IPO GMP <\/strong>is \u20b912 as of 4th February 2026. It is a book-building issue IPO of \u20b986.09 crores. This is an entirely fresh issue of 0.49 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 11th February 2026. The face value of Brandman Retail IPO shares is \u20b910 per share, and the IPO price band is \u20b9167 to \u20b9176 per share. Retail investors can bid for a minimum of 2 lots of 1,600 shares worth \u20b92,81,600. Scroll down to check the Brandman Retail IPO GMP and subscription details.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#Brandman_Retail_IPO_GMP_Grey_Market_Premium\" title=\"Brandman Retail IPO GMP Grey Market Premium\">Brandman Retail IPO GMP Grey Market Premium<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#Brandman_Retail_IPO_Subscription_Status\" title=\"Brandman Retail IPO Subscription Status\">Brandman Retail IPO Subscription Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#Brandman_Retail_IPO_Details\" title=\"Brandman Retail IPO Details\">Brandman Retail IPO Details<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#About_Brandman_Retail_Ltd\" title=\"About Brandman Retail Ltd.\">About Brandman Retail Ltd.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#Brandman_Retail_Limited_Financials\" title=\"Brandman Retail Limited Financials\">Brandman Retail Limited Financials<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#Explanation-2\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#Brandman_Retail_IPO_Objectives\" title=\"Brandman Retail IPO Objectives\">Brandman Retail IPO Objectives<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#Brandman_Retail_IPO_Registrar\" title=\"Brandman Retail IPO Registrar\">Brandman Retail IPO Registrar<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#Brandman_Retail_IPO_Review\" title=\"Brandman Retail IPO Review\">Brandman Retail IPO Review<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#FAQs_on_Brandman_Retail_IPO\" title=\"FAQs on Brandman Retail IPO\">FAQs on Brandman Retail IPO<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#What_is_the_Brandman_Retail_IPO_GMP\" title=\"What is the Brandman Retail IPO GMP?\">What is the Brandman Retail IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#What_is_the_issue_price_of_the_Brandman_Retail_IPO\" title=\"What is the issue price of the Brandman Retail IPO?\">What is the issue price of the Brandman Retail IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#Who_is_the_registrar_of_the_Brandman_Retail_IPO\" title=\"Who is the registrar of the Brandman Retail IPO?\">Who is the registrar of the Brandman Retail IPO?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/brandman-retail-ipo-gmp-subscription-day-1\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Brandman_Retail_IPO_GMP_Grey_Market_Premium\"><\/span><strong>Brandman Retail IPO GMP Grey Market Premium<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>As mentioned earlier, the <strong>Brandman Retail IPO GMP <\/strong>currently stands at \u20b912.00 per share. Thus, the estimated listing price would be at \u20b9188.00. This indicates that the estimated listing gain in this IPO could be 6.82%. Explore the table for <strong>Brandman Retail<\/strong> <strong>IPO GMP<\/strong> updates.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>GMP DATE<\/strong><\/td><td><strong>IPO Price<\/strong><\/td><td><strong>GMP Price<\/strong><\/td><td><strong>Estimated Listing Price<\/strong><\/td><td><strong>Estimated Gain<\/strong><\/td><\/tr><tr><td><strong>4-2-2026<\/strong><\/td><td>\u20b9176.00<\/td><td>\u20b912.00<\/td><td>\u20b9188.00<\/td><td>6.82%<\/td><\/tr><tr><td><strong>3-2-2026<\/strong><\/td><td>\u20b9176.00<\/td><td>\u20b912.00<\/td><td>\u20b9188.00<\/td><td>6.82%<\/td><\/tr><tr><td><strong>2-2-2026<\/strong><\/td><td>\u20b9176.00<\/td><td>\u20b90.00<\/td><td>\u20b9176.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>1-2-2026<\/strong><\/td><td>\u20b90.00<\/td><td>\u20b90.00<\/td><td>\u20b90.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>31-01-2026<\/strong><\/td><td>\u20b90.00<\/td><td>\u20b90.00<\/td><td>\u20b90.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>30-01-2026<\/strong><\/td><td>\u20b90.00<\/td><td>\u20b90.00<\/td><td>\u20b90.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>29-01-2026<\/strong><\/td><td>\u20b90.00<\/td><td>\u20b90.00<\/td><td>\u20b90.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>28-01-2026<\/strong><\/td><td>\u20b90.00<\/td><td>\u20b90.00<\/td><td>\u20b90.00<\/td><td>0.00%<\/td><\/tr><\/tbody><\/table><\/figure><p><em>Note: GMP details are subject to change based on market conditions and fluctuations. Check the live Brandman Retail IPO GMP status at Univest.<\/em><\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong><em>Click and Sign Up to Get Live Updates on Brandman Retail IPO <\/em><\/strong><strong>GMP Status<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Brandman_Retail_IPO_Subscription_Status\"><\/span><strong>Brandman Retail IPO Subscription Status<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>As of now, the Brandman Retail IPO has been subscribed to 0.09 times. Of these, 0.12 times are subscribed by retail investors, 0.31 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).&nbsp;&nbsp;<\/p><p>The healthy subscription status indicates that investors are expecting higher returns at the time of Brandman Retail&#8217; IPO listing on 11th February 2026. Brandman Retail also has a positive outlook behind the fresh issue of 0.49 crore shares, which will raise around Rs 86.09 crores.<\/p><p><strong><em>Note:<\/em><\/strong><em> GMP details are subject to change based on market conditions and fluctuations. Check the live Brandman Retail IPO Subscription status at Univest.<\/em><\/p><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong><em>Click and Sign Up to Get Live Updates on Brandman Retail IPO Subscription<\/em><\/strong><strong> Status<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Brandman_Retail_IPO_Details\"><\/span><strong>Brandman Retail IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>9th February 2026<\/td><\/tr><tr><td><strong>IPO Open Date<\/strong><\/td><td>4th January 2026<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>6th February 2026<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>10th February 2026<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>48,91,200 shares(agg. up to \u20b986 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b910 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>800 Shares<\/td><\/tr><tr><td><strong>Issue Price&nbsp;<\/strong><\/td><td>\u20b9167 to \u20b9176 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>NSE SME<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>11th February 2026<\/td><\/tr><\/tbody><\/table><\/figure><p><strong><em>Also Read: <a href=\"https:\/\/univest.in\/blogs\/grover-jewells-ipo-gmp-subscriptions-day-1\">Grover Jewells IPO GMP &amp; Review: Apply or Avoid?<\/a><\/em><\/strong><\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Brandman Retail IPO<\/strong>: Brandman Retail IPO Limited has declared an issue price band of \u20b9167 to \u20b9176 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 1,600 share, each worth \u20b92,81,600. The face value of Brandman Retail IPO Limited shares is \u20b910 per share. The shares of Brandman Retail IPO Limited will be listed on NSE and SME on its tentative listing day, 11th February 2026. Scroll down to check GMP updates and <strong>Brandman Retail IPO <\/strong>reviews.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Brandman_Retail_Ltd\"><\/span><strong>About Brandman Retail Ltd.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Brandman Retail Limited was incorporated in the year 2021. Brandman Retail Limited is a distributor of international sports and lifestyle brands. The company has been operating on the basis of four main pillars, which include distribution, licensing, retail, and e-commerce. The company is driven by innovation, customer focus, and sustainability. The company has Exclusive Brand Outlets (EBOs) in northern India, including Ahmedabad, Ambala, Dehradun, New Delhi, Jalandhar, Bathinda, Gurugram, Lucknow, and Noida. Each outlet is of the required standard for the License Grantee and is mainly a representation of the New Balance brand under a non-exclusive distribution agreement. The company has two MBOs named &#8220;Sneakrz&#8221; in Bhatinda and New Delhi, and 11 EBOs. The company has non-exclusive distribution agreements to provide a diverse and quality product range to their customers. They also sell their products online through Flipkart, Ajio, and Tata Cliq, which meet the monthly orders.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Brandman_Retail_Limited_Financials\"><\/span><strong>Brandman Retail Limited Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The company&#8217;s financial analysis is essential before applying for the<strong> Brandman Retail IPO. <\/strong>See the table for Brandman Retail Limited&#8217;s financials.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Year Ended<\/strong><\/td><td><strong>31st Dec 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2024 (in cr.)<\/strong><\/td><\/tr><tr><td><strong>Assets<\/strong><\/td><td>101.31<\/td><td>84.73<\/td><td>40.49<\/td><\/tr><tr><td><strong>Revenue<\/strong><\/td><td>97.21<\/td><td>136.30<\/td><td>123.49<\/td><\/tr><tr><td><strong>Profit After Tax<\/strong><\/td><td>19.67<\/td><td>20.95<\/td><td>8.27<\/td><\/tr><tr><td><strong>EBITDA<\/strong><\/td><td>27.02<\/td><td>31.15<\/td><td>12.01<\/td><\/tr><tr><td><strong>Net Worth<\/strong><\/td><td>60.26<\/td><td>29.79<\/td><td>8.84<\/td><\/tr><tr><td><strong>Reserves and Surplus<\/strong><\/td><td>46.70<\/td><td>17.04<\/td><td>8.59<\/td><\/tr><tr><td><strong>Total Borrowings<\/strong><\/td><td>15.68<\/td><td>11.87<\/td><td>3.53<\/td><\/tr><\/tbody><\/table><\/figure><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation-2\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Brandman Retail Limited&#8217;s revenue increased by 10.37% from \u20b9123.49 crores in March 2024 to \u20b9136.30 crores in March 2025. Moreover, the company&#8217;s PAT increased by 153.32% from \u20b98.27 crores in March 2024 to \u20b920.95 crores in March 2025.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Brandman_Retail_IPO_Objectives\"><\/span><strong>Brandman Retail IPO Objectives<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The primary aim of the <strong>Brandman Retail IPO<\/strong> is to raise \u20b986.09 crores. On the other hand, Brandman Retail has decided to utilise these funds in different ways.<\/p><ul class=\"wp-block-list\"><li>To fund the working capital requirements of the Company<\/li>\n\n<li>To Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company<\/li>\n\n<li>To General Corporate Expenses.<\/li><\/ul><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Brandman_Retail_IPO_Registrar\"><\/span><strong>Brandman Retail IPO Registrar<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Bigshare Services Private Limited is the registrar for the Brandman Retail IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Brandman Retail allotment and refund, you can contact Bigshare Services Private Limited at&nbsp;<\/p><p><a href=\"mailto:ipo@bigshareoline.com\">ipo@bigshareoline.com<\/a> or at +91-22-6263 8200.<\/p><p><strong><em>Download the <\/em><\/strong><a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest iOS App<\/em><\/strong><\/a><strong><em> or <\/em><\/strong><a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest Android App<\/em><\/strong><\/a><strong><em> to get daily stock recommendations and insightful research pieces!<\/em><\/strong>&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Brandman_Retail_IPO_Review\"><\/span><strong><strong>Brandman Retail IPO Review<\/strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/04111840\/Brandman-Retail-IPO-Apply-or-Avoid.jpg-1024x536.jpeg\" alt=\"Brandman Retail IPO Review\n\" class=\"wp-image-60788\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/04111840\/Brandman-Retail-IPO-Apply-or-Avoid.jpg-1024x536.jpeg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/04111840\/Brandman-Retail-IPO-Apply-or-Avoid.jpg-300x157.jpeg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/04111840\/Brandman-Retail-IPO-Apply-or-Avoid.jpg-768x402.jpeg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/04111840\/Brandman-Retail-IPO-Apply-or-Avoid.jpg-900x471.jpeg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/04111840\/Brandman-Retail-IPO-Apply-or-Avoid.jpg-600x314.jpeg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/04111840\/Brandman-Retail-IPO-Apply-or-Avoid.jpg-150x79.jpeg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/04111840\/Brandman-Retail-IPO-Apply-or-Avoid.jpg.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>The <strong>Brandman Retail IPO <\/strong>has gained neutral ratings from industry experts, brokers, and institutional investors. Brandman Retail Limited&#8217;s revenue increased by 10.37% from \u20b9123.49 crores in March 2024 to \u20b9136.30 crores in March 2025. Moreover, the company&#8217;s PAT increased by 153.32% from \u20b98.27 crores in March 2024 to \u20b920.95 crores in March 2025.<\/p><p>Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we\u2019re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company&#8217;s technical analysis to know whether you should apply for the <strong>Brandman Retail IPO <\/strong>or not.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Key Indicators<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/price-to-earnings-ratio-p-e-ratio\"><strong>PE Ratio (Price-to-Earnings)<\/strong><\/a><strong>&nbsp;<\/strong><\/td><td>11.39<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/earnings-per-share-eps-formula\"><strong>EPS (Earnings Per Share)<\/strong><\/a><\/td><td>15.45<\/td><\/tr><tr><td><strong>RoNW<\/strong><\/td><td>32.64%<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/return-on-capital-employed\"><strong>ROCE<\/strong><\/a><\/td><td>36.92%<\/td><\/tr><tr><td><strong>ROE<\/strong><\/td><td>43.69%<\/td><\/tr><tr><td><strong>EBITDA Margin<\/strong><\/td><td>28.35%<\/td><\/tr><tr><td><strong>Price to Book Value<\/strong><\/td><td>&#8211;<\/td><\/tr><tr><td><strong>Market Capitalisation<\/strong><\/td><td>\u20b9324.85 Cr<\/td><\/tr><\/tbody><\/table><\/figure><p>The P\/E ratio of Brandman Retail Limited shares is 11.39, and its Earnings Per Share (EPS) stands at 15.45. Thus, the <strong>Brandman Retail IPO<\/strong> can deliver gains on its tentative listing date, 11th February 2026.&nbsp;<\/p><p><strong><em>Note<\/em><\/strong><em>: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Brandman Retail Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.&nbsp;<\/em><\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Indicators<\/strong><\/td><td><strong>Pre-IPO<\/strong><\/td><td><strong>Post-IPO<\/strong><\/td><\/tr><tr><td><strong>PE Ratio<\/strong><\/td><td>11.39<\/td><td>12.38<\/td><\/tr><tr><td><strong>EPS&nbsp;<\/strong><\/td><td>15.45<\/td><td>14.21<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_on_Brandman_Retail_IPO\"><\/span><strong>FAQs on Brandman Retail IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Brandman_Retail_IPO_GMP\"><\/span><strong>What is the Brandman Retail IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Currently, on 4th February 2026, the <strong>Brandman Retail IPO GMP<\/strong> (Grey Market Premium) stands at \u20b912. This indicates that the estimated listing price could be \u20b9188.00 per share.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_issue_price_of_the_Brandman_Retail_IPO\"><\/span><strong>What is the issue price of the Brandman Retail IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The Brandman Retail IPO issue price band is set at \u20b9167 to \u20b9176 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 1,600 shares, worth \u20b92,81,600. Moreover, HNIs are required to bid for a minimum of 3 lots (2,400 shares) worth \u20b94,22,400.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_is_the_registrar_of_the_Brandman_Retail_IPO\"><\/span><strong>Who is the registrar of the Brandman Retail IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Bigshare Services Private Limited is the registrar for the Brandman Retail IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Brandman Retail allotment and refund, you can contact Bigshare Services Private Limited at&nbsp;<\/p><p><a href=\"mailto:ipo@bigshareoline.com\">ipo@bigshareoline.com<\/a> or at +91-22-6263 8200.<\/p><p><strong><em>Disclaimer<\/em><\/strong><em>: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Brandman Retail IPO, download the Brandman Retail IPO RHP and Brandman Retail IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/ckk-retail-mart-ipo-gmp-subscription-day-3\">CKK Retail Mart IPO Day 3: 0.92x Subscribed as GMP Stays Flat \u2014 Live Updates<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/ckk-retail-mart-ipo-allotment-status\">CKK Retail Mart IPO Allotment Status: 0.92x Subscribed, GMP Flat \u2014 Check Online<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/biopol-chemicals-ipo-review\">Biopol Chemicals IPO Review 2026: GMP Steady, Key Investor Insights<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/pan-hr-solutions-ipo-review\">PAN HR Solutions IPO Review 2026: GMP Steady, Key Investor Insights<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/kasturi-metal-ipo-listing-today\">Kasturi Metal IPO Listing Today: IPO Flat at \u20b964, Subscribed 17.75x<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The Brandman Retail IPO GMP is \u20b912 as of 4th February 2026. It is a book-building issue IPO of \u20b986.09 crores. This is an entirely fresh issue of 0.49 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 11th February 2026. The face value of Brandman Retail IPO<\/p>\n","protected":false},"author":28,"featured_media":60787,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[1015,1352,3806],"class_list":["post-60786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo","tag-ipo-gmp","tag-ipo-subscription"],"metadata":{"_edit_lock":["1770184518:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"amazonS3_cache":["a:4:{s:91:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/02\/Brandman-Retail-IPO-Apply-or-Avoid.jpg.jpeg\";a:2:{s:2:\"id\";i:60788;s:11:\"source_type\";s:13:\"media-library\";}s:100:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/02\/Brandman-Retail-IPO-Apply-or-Avoid.jpg-1024x536.jpeg\";a:2:{s:2:\"id\";i:60788;s:11:\"source_type\";s:13:\"media-library\";}s:123:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/04111840\/Brandman-Retail-IPO-Apply-or-Avoid.jpg.jpeg\";a:2:{s:2:\"id\";i:60788;s:11:\"source_type\";s:13:\"media-library\";}s:132:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/02\/04111840\/Brandman-Retail-IPO-Apply-or-Avoid.jpg-1024x536.jpeg\";a:2:{s:2:\"id\";i:60788;s:11:\"source_type\";s:13:\"media-library\";}}"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["74"],"rank_math_title":["Brandman Retail IPO Day 1: 0.09x Subscribed, GMP Up 6.82%"],"rank_math_description":["Brandman Retail IPO Day 1 sees weak demand at just 0.09x subscription, even as GMP jumps 6.82%. 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