Brandman Retail Lists on NSE, Aims for 50+ Store Network Expansion

• Brandman Retail, a premium athleisure and lifestyle distributor, listed on NSE at a valuation of Rs 324.85 crore.
• The company's IPO raised Rs 86 crore, which will fund store expansion, working capital, and general corporate purposes.
• Currently operating 21 stores, Brandman Retail plans to open 15 new stores as the first phase of a 50+ store national network.
• Founded by Arun Malhotra, the company facilitates entry and expansion for international sports and lifestyle brands in India.
• Brandman Retail expects threefold revenue growth in five years by expanding into high-growth Tier II & III markets.