New Delhi, Feb. 11 -- Brandman Retail SME IPO listing: Brandman Retail share price jumped to hit its upper circuit after debuting with a modest gain. Brandman Retail share price opened at Rs.183 against the IPO price of Rs.176. The SME stock rose further to hit its upper price band of Rs.192.15.

The stock's listing was largely in line with expectations in the grey market. The latest grey market premium (GMP) of Brandman Retail was Rs.20.

Brandman Retail distributes international sports and lifestyle brands. It operates several Exclusive Brand Outlets across several cities in North India. The company's income has seen an increase to Rs.136 crore in FY25 from Rs.123 crore a year ago, while profit has more than doubled during this period t...