Brandman Retail IPO Description –Incorporated in 2021, Brandman Retail is engaged in the distribution of branded shoes and athleisure apparel through a multi-channel retail model comprising Exclusive Brand Outlets (EBOs), Multi-Brand Outlets (MBOs), e-commerce marketplaces, and its direct-to-consumer website. As of 30 September 2024, the company has established an operational presence across 9 cities in India, with a portfolio of globally recognized brands including New Balance, On, Rocksport, Salomon, and Anta through non-exclusive distribution agreements.
The company operates 11 EBOs and 2 MBOs under the trademark-applied brand name “Sneakrz,” all functioning on a Company Owned and Company Operated (COCO) model. These stores are strategically located in high-footfall areas across northern India, including Delhi, Gurugram, Noida, Lucknow, Dehradun, Ahmedabad, Ambala, Bathinda, and Jalandhar.
Geographically, Delhi remains the company’s largest revenue contributor with INR 49.82 crore as of 30 September 2024, followed by Haryana, Uttar Pradesh, and Gujarat. The company also generated export revenue of INR 3.84 crore during the same period. As of 31 December 2025, its have 161 full-time employees.
Promoters of Brandman Retail – Arun Malhotra, Kavya Malhotra and Kashika Malhotra
Table of Contents
Brandman Retail IPO Details
| Brandman Retail IPO Dates | 4 – 6 February 2026 |
| Brandman Retail Issue Price | INR 167 – 176 per share |
| Fresh Issue | 48,91,200 shares (INR 81.68 – 86.09 crore) |
| Offer For Sale | Nil |
| Total IPO Size | 48,91,200 shares (INR 81.68 – 86.09 crore) |
| Minimum Bid | 1,600 shares (INR 2,81,600) |
| Lot Size | 800 shares (INR 1,40,800) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | NSE EMERGE |
Brandman Retail Financial Performance
| FY 2023* | FY 2024 | FY 2025 | 9M FY 2026 | |
| Revenue | 46.31 | 123.33 | 135.29 | 95.31 |
| Expenses | 45.71 | 112.34 | 107.97 | 70.68 |
| Net income | 0.42 | 8.27 | 20.95 | 19.67 |
* all standalone data
Brandman Retail Offer News
- Brandman Retail RHP
- Brandman Retail Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Brandman Retail Valuations & Margins
| FY 2023* | FY 2024 | FY 2025 | |
| EPS | 0.33 | 6.49 | 16.43 |
| PE ratio | – | – | 10.71 |
| RONW (%) | 73.32 | 93.60 | 70.33 |
| NAV | 0.44 | 6.93 | 23.37 |
| ROCE (%) | 28.03 | 93.22 | 75.08 |
| EBITDA (%) | 2.19 | 9.74 | 23.02 |
| Debt/Equity | 2.91 | 0.40 | 0.40 |
* all standalone data
Brandman Retail IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Brandman Retail IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of 2,44,800 shares and the anchor investor portion of () shares are not included in the above calculations.
Brandman Retail IPO Allotment Status
Brandman Retail IPO allotment status will be available on the Bigshare Services website. Click on this link to get the allotment status.
Brandman Retail IPO Dates & Listing Performance
| IPO Opening Date | 4 February 2026 |
| IPO Closing Date | 6 February 2026 |
| Finalization of Basis of Allotment | 9 February 2026 |
| Initiation of refunds | 10 February 2026 |
| Transfer of shares to demat accounts | 10 February 2026 |
| IPO Listing Date | 11 February 2026 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Brandman Retail Offer Lead Manager
GRETEX CORPORATE SERVICES LIMITED
A-401, Floor 4th, Plot FP-616, (PT), Naman Midtown,
Senapati Bapat Marg, Near Indiabulls, Dadar (w),
Delisle Road, Mumbai 400013, Maharashtra
Phone: +91 9331926937
Email: [email protected]
Website: www.gretexcorporate.com
Brandman Retail Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Pinnacle Business Park, Next to Ahura Center,
Mahakali Caves Road, Andheri East, Mumbai-400093
Tel: +91 22-6263 8200
E-mail: [email protected]
Website: www.bigshareonline.com
Brandman Retail Contact Details
BRANDMAN RETAIL LIMITED
DPT 718-719, 7th Floor DLF Prime Tower,
Okhla Phase-1, Okhla Industrial Area Phase-I,
South Delhi, New Delhi-110020
Phone: 011-46052323
E-mail: [email protected]
Website: www.brandmanretail.com
IPO FAQs
What is the Brandman Retail offer size?
Brandman Retail’s offer size is INR 81.68 – 86.08 crores.
What is the Brandman Retail offer price band?
Brandman Retail’s public offer price is INR 167 – 176 per share.
What is the lot size of the Brandman Retail IPO?
Brandman Retail’s offer lot size is 800 shares.
What is the Brandman Retail IPO GMP today?
Brandman Retail IPO GMP today is INR NA per share.
What is the Brandman Retail kostak rate today?
Brandman Retail kostak rate today is INR NA per application.
What is the Brandman Retail IPO Subject to Sauda rate today?
Brandman Retail Subject to Sauda rate today is INR NA per application.