New Delhi, Feb. 9 -- The allotment for Brandman Retail's initial public offering (IPO) is in focus following the offer closure last week. Brandman Retail IPO allotment date is today, February 9.

The SME IPO, available for bidding from February 4 to February 6, received a bumper response from investors, garnering 114.48 times bids. The qualified institutional buyer (QIB) quota was subscribed 85.24 times, the non-institutional investor (NII) received 202.98 times bids, and the retail portion saw 114.48 times subscription.

Brandman Retail IPO was price band was fixed at Rs.167 to Rs.176 apiece. The investors could apply for the offer in lots of 800 shares and multiples thereof.

Since the SME IPO was entirely a fresh share sale worth Rs.86...