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Smart Money Alert

Brandman Retail

ExitedQuarterly
BRANDMANFootwearMarket Cap₹361 Cr
Prev stake
1.33%
Holding before
2.45 L shares
As of
Jun 2026
Since alert−0.5%₹186.90 → ₹186.05
Nifty 50−7.1%
IN
India Max Investment
Foreign Investor
The move

India Max Investment has dropped off Brandman Retail's disclosed shareholder list after previously holding a 1.33 percent stake, indicating either a complete exit or a reduction to below the 1 percent disclosure threshold.

About Brandman Retail
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A footwear and lifestyle retail distributor that brings international sports and casual brands to the Indian market. Brandman Retail operates as an authorized distributor for premium global footwear and apparel brands, focusing on the organized retail channel across multiple cities nationwide. The company combines brand representation with retail distribution expertise to establish these international labels in India's growing sportswear and casual footwear segments.

About India Max Investment
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India Max Investment Fund Limited is a Mauritius-registered foreign portfolio investor that acts as an anchor investor in Indian SME IPOs. It has invested across sectors including electric equipment, solar, engineering, and logistics.

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