Brandman Retail IPO GMP Analysis: Apply or Avoid Decision for Investors

Brandman Retail IPO is open for bidding from 4th February 2026 to 6th February 2026. It is a bookbuilding IPO of ₹86.09 crore, comprising 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. 

Brandman Retail IPO Details 

The Brandman Retail IPO date is fixed between 4th February 2026 to 6th February 2026. The face value of Brandman Retail shares stands at ₹10 per share, and the IPO Issue price band is set at ₹167 to ₹176 per share

Bigshare Services Private Limited is the registrar of the Brandman Retail IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Brandman Retail IPO Share Reservation

Riddhi Display Equipment’s IPO is a bookbuilding issue of 0.49 crore shares worth ₹88.02 crore. Brandman Retail IPO Limited shares will be listed on the NSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Brandman Retail IPO GMP Grey Market Premium

GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Brandman Retail IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 4th February 2026, Brandman Retail IPO GMP stands at ₹0.00 per share, which means the share will likely list at ₹176.00 on its tentative listing date, 11th February 2026.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Brandman Retail IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

Brandman Retail IPO GMP Review

Check out the detailed Brandman Retail GMP IPO review for a thorough understanding of its potential to report listing gains on 11th February 2026. The Brandman Retail IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Brandman Retail IPO.

Brandman Retail Limited’s revenue increased by 10.37% from ₹123.49 crores in March 2024 to ₹136.30 crores in March 2025. Moreover, the company’s PAT increased by 153.32% from ₹8.27 crores in March 2024 to ₹20.95 crores in March 2025.

Brandman Retail’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the Brandman Retail IPO, with its tentative listing day set for 11th February 2026. 

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Brandman Retail IPO.

The P/E ratio of Brandman Retail Limited shares is 11.39, and its Earnings Per Share (EPS) stands at 15.45. Thus, the Brandman Retail IPO can deliver gains on its tentative listing date, 11th February 2026. 

Note: 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. 

Brandman Retail IPO Subscription Status

The Brandman Retail IPO will open for bidding on 4th February 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Brandman Retail IPO Subscription Status. 

About Brandman Retail Limited

Brandman Retail Limited was 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) across northern India, including 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.

Brandman Retail Limited Financials

The company’s financial analysis is essential before applying for the Brandman Retail IPO. See the table for Brandman Retail Limited’s financials. 

Explanation

Brandman Retail Limited’s revenue increased by 10.37% from ₹123.49 crores in March 2024 to ₹136.30 crores in March 2025. Moreover, the company’s PAT increased by 153.32% from ₹8.27 crores in March 2024 to ₹20.95 crores in March 2025.

Brandman Retail Limited IPO Promoter Holdings

Have a look at the table below to check the holdings of Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, and Gold View Financial Services Limited.

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of the Brandman Retail IPO

The primary aim of the Brandman Retail IPO is to raise ₹86.09 crores. On the other hand, Brandman Retail has decided to utilise these funds in different ways.

• To fund the working capital requirements of the Company
• To Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
• To General Corporate Expenses.

Should I Invest in the Brandman Retail IPO?

Explore the pros and cons of Brandman Retail to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades. 

Pros of the Brandman Retail IPO

• The company has experienced promoters and a professional team.
• The company has a strong presence in strategic locations across North India, ensuring robust market access.
• The company has a diverse product portfolio and access to the global market.

Cons of the Brandman Retail IPO

• The company has a Dependence on Non‑Exclusive Brand Agreements
• The company has a Reliance on Key Customers
• The company has a Dependence on E‑Commerce Contracts

How to Apply for the Brandman Retail IPO?

Check the steps mentioned below to apply for Brandman Retail Ltd.

• Step 1: Conduct thorough research on the Brandman Retail IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for 2 lots of 1,600 shares worth ₹2,81,600
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Brandman Retail IPO across multiple demat accounts to increase your chances of allotment. 

How to Check the Brandman Retail IPO Allotment Status?

You can check for the Brandman Retail IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On NSE

• Visit the NSE Official Site
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Brandman Retail IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Brandman Retail IPO allotment status.

Let’s Wrap

Brandman Retail IPO is a bookbuilding issue of shares worth ₹86.09 crores. The shares of Brandman Retail Limited will be listed on NSE and SME on its tentative listing date of 11th February 2026. Researching the Brandman Retail IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Brandman Retail IPO

How is the Brandman Retail IPO?

Ans. Currently, on 4th February 2026, the Brandman Retail GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹176 per share. It is a bookbuilding IPO of ₹86.09 shares. The face value of each Brandman Retail share is ₹10 per share. 

What is the Brandman Retail IPO price?

Ans. The Brandman Retail IPO issue price band is set at ₹167 to ₹176 per share. 

Is the Brandman Retail IPO a good investment?

Ans. Brandman Retail Limited’s revenue increased by 10.37% from ₹123.49 crores in March 2024 to ₹136.30 crores in March 2025. Moreover, the company’s PAT increased by 153.32% from ₹8.27 crores in March 2024 to ₹20.95 crores in March 2025.

Who is the registrar of the Brandman Retail IPO?

Ans. 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 

ipo@bigshareoline.com or at +91-22-6263 8200.

What is the issue size of the Brandman Retail IPO? 

Ans. Brandman Retail IPO is a bookbuilding IPO of ₹86.09 crores. Moreover, the IPO is set to open on 4th February 2026 and close on 6th February 2026. 

Disclaimer: 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.

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