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Brandman Retail Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.176.00
Issue Size:
Rs.86.09 Cr
Lot Size:
800 shares
Open Date:
February 4
Brandman Retail Ltd. IPO Overview
Bidding Dates
February 4 - February 6
Min Investment
₹140,800
Price Range
₹176.00
Issue Size
₹86.09 Cr
IPO DRHP Doc
Not Available
Company Overview
Established in 2021, Brandman Retail Limited distributes international sports and lifestyle brands. The company operates through distribution, licensing, retail, and e-commerce, focusing on innovation, customer centricity, and sustainability. It has Exclusive Brand Outlets (EBOs) in northern India, including cities like Ahmedabad, Ambala, Dehradun, New Delhi, Jalandhar, Bathinda, Gurugram, Lucknow, and Noida, primarily representing the New Balance brand. Additionally, the company operates two Multi-Brand Outlets (MBOs) called "Sneakrz" and sells online through platforms like Flipkart, Ajio, and Tata Cliq.
IPO Timeline
Timeline information will be updated when available.
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 28.52% | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 21.48% | Oversubscribed |
| RII (Retail Individual Investors) | 50.00% | Oversubscribed |
| Total Subscription | Undersubscribed |
Last updated: Percentage of shares offered
Current GMP:
Rs.17
Est. Listing:
Rs.193
Est. Gain:
+9.7%
Star Rating:
★★★★★(2/5)
Financial Information
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Risks
Potential challenges and risk factors
- Dependence on non-exclusive brand licensing and distribution arrangements.
- High working capital requirements due to inventory-led operations.
- Geographic concentration of stores may expose the business to regional risks.
- Intense competition from established domestic and global brands.
- Exposure to changing consumer preferences and fashion trends.
IPO Details
IPO Reservation
Share Reservation Distribution
QIB
2,320,000 shares (47.43%)
Retail
1,627,200 shares (33.27%)
Anchor Investors
1,392,000 shares (28.46%)
QIB (Ex-Anchor)
928,000 shares (18.97%)
HNI (NII)
699,200 shares (14.3%)
bNII (>₹10L)
466,400 shares (9.54%)
Market Maker
244,800 shares (5%)
sNII (<₹10L)
232,800 shares (4.76%)
IPO Subscription Status
Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹176.00 |
| High | ₹192.15 |
| Last Trade | ₹192.15 |
| Low | ₹183.00 |
| Open | ₹183.00 |
Key Dates
Open Date:February 4
Close Date:February 6
Listing Date:February 11
