BRND.ME (ex-Mensa) turns public company, lines up IPO in 12-18 months on ₹1,500 cr FY26 base
The house-of-brands platform has secured NCLT approval for its private-to-public conversion ahead of a planned IPO. FY26 revenue is tracking ~₹1,500 cr with run-rate at ₹1,700-1,800 cr. Flagships Majestic Pure (~₹400 cr), Botanic Hearth (~₹300 cr), MyFitness and PartyPropz (>₹200 cr each) are adjusted-EBITDA positive.
What happened
BRND.ME (formerly Mensa Brands) converted from private to public company post-NCLT approval, eyeing IPO in 12-18 months. FY26 revenue ~₹1,500 cr with adjusted
Key facts
- FY26 revenue ~₹1,500 cr
- run-rate ₹1,700-1,800 cr
- Majestic Pure ~₹400 cr
- Botanic Hearth ~₹300 cr
- MyFitness >₹200 cr
- PartyPropz >₹200 cr
- IPO in 12-18 months
Why this matters
BRND.ME's pre-IPO window likely closes the door on further large brand acquisitions but opens a 12-18 month arbitrage to sell sub-scale D2C assets into their portfolio before the public-market clock starts.