Brandman Retail Raises Rs 24.5 Cr from Anchor Investors Ahead of IPO Launch

• Brandman Retail secured Rs 24.5 crore from anchor investors before its IPO opens for public subscription.
• The company allotted 13.92 lakh equity shares at Rs 176 each to six entities, including Sanshi Fund-I and Founders Collective Fund.
• The Rs 86.08-crore IPO, entirely a fresh issue of up to 48.91 lakh shares, will be open from February 4 to February 6.
• Proceeds will fund the expansion of 15 new exclusive and multi-brand outlets, working capital needs, and general corporate purposes.
• Brandman Retail, a COCO-led retail platform for premium international brands, reported Rs 95.31 crore revenue for nine months ending December 2025.

Why It Matters: Brandman Retail successfully raised Rs 24.5 crore from anchor investors, setting the stage for its Rs 86.08 crore IPO.