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Brandman Retail
Price Band
₹167.0–176.0
Issue Size
₹86.09 Cr
Lot Size
800 shares
Min Investment
₹281,600
GMP
+₹17.0 (9.66%)
Issue Price
₹176.0
calendar_month Important Dates
bar_chart Subscription Status
Subscription data unavailable
trending_up Grey Market Premium (GMP)
GMP
+₹17.0
GMP %
+9.66%
Est. Listing
₹193.0
schedule Updated: 14 Jul 2026 15:52
Share GMP:
business About the Company
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) in northern India, including cities like 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. Competitive Strength: Experienced promoters and professional team. Omni-channel Distribution network. Asset light and Scalable Business Model. Strength comes from strategic locations across North India, ensuring strong market access. Diverse product portfolio and access to global market. Strong Brand Synergy & Growth Potential. Growing Consumer Base & Strong Customer Loyalty.
payments Company Financials (₹ Cr)
As of 2025-12-31
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 101.31 | 84.73 | 40.49 |
| 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 |
| Reserves and Surplus | 46.70 | 17.04 | 8.59 |
| Total Borrowing | 15.68 | 11.87 | 3.53 |
Key Ratios
EPS
₹15.45
NAV
₹23.37
ROE
108.47%
ROCE
70.48%
RoNW
70.33%
P/B Value
7.53
P/E Ratio
11.39
Market Cap
₹324.85 Cr
PAT Margin
15.49%
Debt/Equity
0.40
Promoters
Arun Malhotra, Kavya Malhotra and kashika Malhotra
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding Capital Expenditure for expansion of New Retail Network by launching 15 Exclusive Brand Outlets (EBOs) and Multi-Brand Outlets (MBOs) 27.90 2 Working Capital Requirements for New EBOs and MBOs 11.78 3 Working Capital Requirements for Existing EBOs and MBOs 26.72 4 General Corporate Expenses 8.16 5 Issue Expenses 11.52 Total 86.09
info Issue Details
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
04 Feb 2026
Close
06 Feb 2026
Allotment
09 Feb 2026
Listing
11 Feb 2026