Brandman Retail IPO Opens Feb 4, Aims to Raise ₹86.09 Crore for Expansion

• Brandman Retail Limited's Initial Public Offering (IPO) opens on February 4, 2026, with shares to be listed on NSE Emerge.
• The company aims to raise ₹86.09 Crore (at upper price band) through the IPO.
• The issue size is 48,91,200 equity shares with a price band of ₹167 – ₹176 per share.
• Net proceeds will fund capital expenditure for 15 new Exclusive Brand Outlets (EBOs) and Multi-Brand Outlets (MBOs), working capital, and general corporate expenses.
• The IPO closes on February 6, 2026; Gretex Corporate Services Limited is the Book Running Lead Manager.

Why It Matters: Brandman Retail's IPO seeks ₹86.09 Cr to expand its retail network and strengthen working capital.