Brandman Retail SME IPO
Alloted
No company information available
Issue Price
176
Current GMP
₹17 (9.66%)
Overall Subscription
2.02x
Issue Size
₹81.78 Cr
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Live Subscription by Application
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 1,160 | 0 | 0.00x |
FII | - | 0 | - |
DFI | - | 0 | - |
MF | - | 0 | - |
Other | - | 0 | - |
| NII | 291 | 613 | 2.11x |
bNII | 194 | 280 | 1.44x |
Corporate | - | 0 | - |
Individual | - | 278 | - |
Other | - | 2 | - |
sNII | 97 | 333 | 3.43x |
Corporate | - | 1 | - |
Individual | - | 332 | - |
Other | - | 0 | - |
| IND | 1,017 | 2,468 | 2.43x |
| Total | 2,468 | 3,081 | 1.25x |
Live Subscription by Shares
| Category | Shares Offered | Shares Applied | Subscription |
|---|---|---|---|
| QIB | 9.28 L | 0 | 0.00x |
FII | - | 0 | - |
DFI | - | 0 | - |
MF | - | 0 | - |
Other | - | 0 | - |
| NII | 6.99 L | 26.25 L | 3.75x |
bNII | 4.66 L | 18.10 L | 3.88x |
Corporate | - | 0 | - |
Individual | - | 17.98 L | - |
Other | - | 12.80K | - |
sNII | 2.33 L | 8.14 L | 3.49x |
Corporate | - | 2.40K | - |
Individual | - | 8.12 L | - |
Other | - | 0 | - |
| IND | 16.27 L | 39.49 L | 2.43x |
| Total | 32.54 L | 65.74 L | 2.02x |
Subscription Summary
QIB
Shares Applied:0.00x
Applications Offered:0.00x
NII
Shares Applied:3.75x
Applications Offered:2.11x
IND
Shares Applied:2.43x
Applications Offered:2.43x
Quick Stats
Total Categories3
IPO TypeSME
StatusAllotment Out
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Join NowData Last Updated
5 Feb 2026, 07:00 am
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Understanding Subscription Categories
QIB
Qualified Institutional Buyers
Includes FII, DFI, Mutual Funds, and other qualified institutions.
NII
Non-Institutional Investors
High net-worth individuals: bNII (₹10L+) and sNII (₹2L-₹10L).
IND
Individual Investors
Individual investors in SME IPOs up to ₹2 lakh.
Frequently Asked Questions
What is the current subscription status of Brandman Retail SME?
The current overall subscription for Brandman Retail SME is 2.02x. This indicates the total demand relative to the shares offered. Higher subscription typically suggests strong investor interest.
How to check Brandman Retail SME subscription status?
You can check Brandman Retail SME subscription status on IPOwiz, BSE website, NSE website, or your broker's platform. Subscription data is updated regularly during the IPO period from 4 February 2026 to 6 February 2026.
What do subscription numbers mean?
Subscription numbers show how many times the IPO is oversubscribed. For example, 2.02x means the IPO received 2.02x times more applications than shares available. Higher subscription in retail category generally means lower allotment chances.
When does Brandman Retail SME subscription close?
The subscription for Brandman Retail SME closes on 6 February 2026. Applications must be submitted before the closing time on this date. Late applications will not be accepted.
What is the difference between QIB, NII, and Individual (IND) subscription?
QIB (Qualified Institutional Buyers) includes mutual funds, FIIs, and other institutions. NII (Non-Institutional Investors) includes high net-worth individuals investing above ₹2 lakh. Individual (IND) includes individual investors with applications up to ₹2 lakh. Each category has separate subscription quotas.
How does subscription affect allotment chances?
Higher subscription in your category means lower allotment chances. For example, if retail subscription is 2.02x, it means there are 2.02x times more applications than shares available, making allotment competitive.
When will Brandman Retail SME allotment be finalized?
The allotment for Brandman Retail SME will be finalized and announced on 9 February 2026. You can check your allotment status on the registrar's website, BSE, NSE, or your demat account after this date.
What happens after subscription closes?
After subscription closes on 6 February 2026, the company and registrar process all applications. Allotment is finalized by 9 February 2026, and shares are credited to successful applicants' demat accounts before the listing date on 11 February 2026.
Can I apply after subscription closes?
No, you cannot apply after the subscription closes on 6 February 2026. All IPO applications must be submitted during the subscription period from 4 February 2026 to 6 February 2026. Late applications are automatically rejected.
What is the issue size and lot size for Brandman Retail SME?
The issue size for Brandman Retail SME is ₹81.78 Cr, and the lot size is 800 shares. The price range is ₹167.0 - ₹176.0. You must apply in multiples of the lot size.