Brandman Retail IPO Subscription Status
The Brandman Retail IPO has been subscribed 114.34x times overall. Retail investors have shown interest with bids for 92.71x the shares available. The Non-Institutional Investor (NII) category has been subscribed 203.29x. Qualified Institutional Buyers (QIBs) have subscribed 85.24x. Data last updated on 09 Apr, 05:32 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 04 Feb, 2026 and closes on 06 Feb, 2026. The shares are expected to list on stock exchanges on 11 Feb, 2026.
Table of Contents
Live Bidding
| Category | Offered | Applied | Bid Details | TIMES |
|---|---|---|---|---|
|
Anchor Investors
|
13,92,000 | 13,92,000 |
13,92,000
of 13,92,000
|
-- |
|
QIB
|
9,28,000 | 7,91,04,800 |
7,91,04,800
of 9,28,000
|
85.24x |
|
NII
|
6,99,200 | 14,21,42,400 |
14,21,42,400
of 6,99,200
|
203.29x |
|
Retail
|
16,27,200 | 15,08,56,000 |
15,08,56,000
of 16,27,200
|
92.71x |
| TOTAL | 32,54,400 | 37,21,03,200 |
37,21,03,200
-
|
114.34x |
Last Updated: 09 Apr 2026, 05:32 PM
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 93 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 85.24x. This often signals long-term confidence from professional funds.
Day-wise Subscription History
Subscription trends over the last 3 days
| Date | Total | ||
|---|---|---|---|
|
06 Feb 2026
DAY 3
|
114.34x
|
||
|
QIB
85.24x
NII
203.29x
Retail
92.71x
|
|||
|
05 Feb 2026
DAY 2
|
4.57x
|
||
|
QIB
-x
NII
8.86x
Retail
5.34x
|
|||
|
04 Feb 2026
DAY 1
|
0.72x
|
||
|
QIB
0.00x
NII
1.41x
Retail
0.83x
|
|||
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Brandman Retail IPO Allotment Probability
Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change until subscription closes. This is not investment advice.
What Does This Subscription Data Mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.
Frequently Asked Questions
What is the current subscription status of Brandman Retail IPO?
As of IPO close date (06 Feb, 2026), the Brandman Retail IPO is subscribed 114.34x times. Retail category is 92.71x, and NII is 203.29x subscribed.
When is the allotment date for Brandman Retail IPO?
The allotment for Brandman Retail IPO is expected to be finalized on 09 February, 2026.
What is the GMP of Brandman Retail?
The Grey Market Premium (GMP) for Brandman Retail is currently ₹17, indicating a potential listing gain of 10%.
When will Brandman Retail IPO list on the stock market?
Brandman Retail is scheduled to list on BSE and NSE on 11 February, 2026.
What are the chances of getting allotment in Brandman Retail IPO?
The retail category is oversubscribed at 92.71x, meaning allotment is by lottery. Statistically, approximately 1 in 93 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 85.24x mean for Brandman Retail IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 85.24x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Brandman Retail IPO allotment status?
After the allotment date (09 Feb, 2026), you can check your Brandman Retail IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Brandman Retail IPO Further
Track every stage of this IPO from subscription to listing:
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