ListedSMETradingBRANDMAN

Brandman Retail IPO

Brandman Retail IPO is an SME IPO raising ₹86 Cr at ₹167 – ₹176 a share. It listed on 11 Feb 2026 at ₹183, +4.0% against its issue price of ₹176, and trades at ₹173 today (−2.0% since issue). It was subscribed 80× in total.

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₹176

Issue price

₹173

Price now

−2.0%

Since issue price

11 Feb 2026

Listed on

80×Subscribed (final) · all exchanges

79.9 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹167 – ₹176

Cut-off price₹176

Issue size₹86 Cr

Shares per lot800

Minimum application₹1,40,800

Minimum quantity1600

Face value₹10

Listing exchangesNSE

ISININE0XUD01014

Bidding hours10:00 – 17:00 IST

Bidding window4 Feb 2026 – 6 Feb 2026

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.