Brandman Retail IPO live: Minimum investment will set you back
Brandman Retail, known for bringing international sports and lifestyle brands to India, just launched its IPO.
Shares are priced at ₹167-176 each, and the company aims to raise about ₹86 crore by offering nearly 49 lakh shares.
The subscription window is open until February 6, with NSE SME listing set for February 11.
What does Brandman do?
Founding year not stated in source. Brandman handles distribution, licensing, retail stores, and online sales—think Flipkart and Ajio—for big global brands.
Their main turf is northern India, especially with New Balance sneakers getting a lot of attention.
Financials and share allocation details
Minimum entry: You'll need at least ₹2,81,600 (1,600 shares) to invest.
Shares are split with up to 50% for qualified institutional buyers, at least 35% for retail investors, and a minimum of 15% for non-institutional investors.
Allotment and refund dates not provided in source.
Financially, they posted ₹97 crore in revenue and over ₹19 crore profit in the nine months ended December 2025—a solid margin above 20%.