Narmadesh Brass Industries IPO

Narmadesh Brass Industries is a BSE SME IPO listed on the BSE SME platform, priced at ₹515 per share. The stock debuted at ₹495. The IPO had a lot size of ₹240 shares and a minimum investment of ₹2,47,200.

Narmadesh Brass Industries Limited IPO

BSE SME Listed
₹2,47,200 (480 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jan 12, 2026 – Jan 16, 2026
Price band
₹515 per equity share
Minimum Investment
₹2,47,200
Issue size
₹44.87 Cr
Lot size
240
Allotment Date
Jan 19, 2026
Listing
Jan 21, 2026
Listing At
BSE SME

IPO timeline

  1. Jan 12, 2026

    Open Date

    Completed

  2. Jan 16, 2026

    Close Date

    Completed

  3. Jan 19, 2026

    Allotment Date

    Completed

  4. Jan 21, 2026

    Listing Date

    Completed

Narmadesh Brass Industries IPO Subscription Details

View Subscription Details
Individual 0.44x
NIIs 2.03x
Individual 0.44x
Total 1.31x

Narmadesh Brass Industries IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Narmadesh Brass Industries IPO Essentials

Narmadesh Brass Industries IPO Details

Narmadesh Brass Industries IPO is priced at ₹515 per share with a total issue size of 44.87 crore. The IPO has a lot size of 240 shares and is listed on BSE SME.

Issue price
₹515 per equity share
Lot size
240 shares
Face value
₹10 Per Equity Share
Issue size
8,71,200 shares(aggregating up to ₹44.87 Cr)
Total issue size
8,71,200 shares
(aggregating up to ₹44.87 crore)
Fresh issue
7,00,800 shares
(aggregating up to ₹36.09 crore)
Offer for sale (OFS)
1,70,400 shares
(aggregating up to ₹8.78 crore)
Listing at
BSE SME
List price
495.0
Listing date
Registrar
Kfin Technologies Ltd.
Lead manager
Aryaman Financial Services Ltd.

Market Lot Size

Investors can bid for a minimum of 480 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 480 ₹2,47,200
Individual(max) 2 480 ₹2,47,200
sHNI(min) 3 720 ₹3,70,800

Narmadesh Brass Industries IPO Documents

Narmadesh Brass Industries IPO Reservation

Narmadesh Brass Industries IPO reservation details show category-wise allocation of shares. Out of the total 871200 shares, approximately 47.38% for NII, 47.38% for retail investors, and 5.23% for market maker.

Investor Category Shares Offered Maximum Allottees
Market Maker Shares Offered 45600 (5.23%)
NII (HNI) Shares Offered 412800 (47.38%) 573
Individual Shares Offered 412800 (47.38%) 860
Total Shares Offered 871200 (100%)

Narmadesh Brass Industries IPO Analytics

Narmadesh Brass Industries IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Narmadesh Brass Industries IPO Subscription Status

Narmadesh Brass Industries IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 1.31x, indicating moderate demand across investor categories.

As on QIB / NII Individual Total
Shares Offered / Reserved 4,12,800 4,12,800 8,25,600
Day 1 12-01-26 05:00 PM
(1.93) x 0.07 x 1.07 x
Day 2 13-01-26 05:00 PM
(1.95) x 0.16 x 1.13 x
Day 3 14-01-26 05:00 PM
(2.01) x 0.22 x 1.19 x
Day 4 16-01-26 05:00 PM
(2.03) x 0.44 x 1.31 x
Total No. of Applications
bHNI sHNI Individual
653 (Approx) 0x 0x 0.44x

Narmadesh Brass Industries Valuations

Earnings

EPS Pre IPO
₹26.23/-
EPS Post IPO
₹25.87/-
P/E Pre IPO
19.63
P/E Post IPO
19.9

Returns

ROE
49.99%
ROCE
23.29%
RoNW
49.99%
PAT Margin
6.52%

Fundamentals

Market Cap
159.69 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Narmadesh Brass Industries Financials( In Crs.)

30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 63.10 59.66 46.68 22.00
Revenue 34.21 88.05 79.06 60.09
Profit After Tax 4.01 5.72 7.10 0.89
Net Worth 22.46 11.45 5.73 8.30
Reserves & Surplus 23.30 12.69 6.97 N/A
Total Borrowing 19.21 24.73 22.43 5.94

Narmadesh Brass Industries Company & Offer Insights

About Narmadesh Brass Industries

Narmadesh Brass Industries Ltd. is an upscale brass production unit located at Jamnagar in Gujarat.The company’s production facility is of 6,293 m² size and is located in Plot Nos. 5, 8, & 9, Shree Ganesh Industrial Hub, Jamnagar, which is known for being the “Brass City” of India because of the high concentration of brass manufacturers in this city.

Narmadesh deals with the manufacture of a range of brass products, both for the local and export markets. They specialize in:
Brass Billets
Brass Rods
Brass Valves (including Ball Valves, NRVs)
Plumbing & Sanitary Fittings (including lead-free)
Agricultural Sprayer Parts and Garden Fittings
Customization through Casting, Forging, Turning, CNC, and VMC machined components.

Their in-house facilities mean they have strict control over quality, right from production to dispatch.The company is ISO 9001:2015 certified for its Quality Management System with high adherence to international quality standards.This spans its skills in casting and forging processes undertaken by the same facility.

The company had contracted a total of 81 contract labourers as of September 30, 2025, to facilitate their manufacturing activities.

Narmadesh Brass Industries IPO Issue Objectives

Repayment/ prepayment, in full or in part, of certain outstanding borrowings
Purchase of machinery and equipment
Funding Working capital requirements
General corporate purposes

Contact Information

Contact Details

Narmadesh Brass Industries

+91 02895 299401

info@narmadeshbrass.com

https://www.narmadeshbrass.com/

Plot No. 5, 8 & 9 Survey No. 433, Shree Ganesh Industrial Hub Changa Village Jamnagar, Gujarat, 361012

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

narmadesh.ipo@kfintech.com

https://ipostatus.kfintech.com/

Frequently Asked Questions

Click any question to reveal the answer

Narmadesh Brass Industries IPO is a Fixed Priced IPO worth ₹44.87 crore. The issue price is ₹515 per share (fixed price). The IPO opens on Jan 12, 2026 and closes on Jan 16, 2026. It will be listed on BSE SME Platform. Kfin Technologies Ltd. is the registrar.

The issue price of Narmadesh Brass Industries IPO is ₹515 per share (fixed price).

The lot size of Narmadesh Brass Industries IPO is 240 shares.

The minimum investment for Narmadesh Brass Industries IPO is approximately ₹2,47,200 based on the issue price .

Narmadesh Brass Industries IPO opens on Jan 12, 2026 and closes on Jan 16, 2026.

The allotment date of Narmadesh Brass Industries IPO is Jan 19, 2026.

Narmadesh Brass Industries IPO is expected to be listed on Jan 21, 2026, on BSE SME Platform.

Narmadesh Brass Industries IPO valuation snapshot: P/E 19.9, EPS ₹25.87/-, P/B N/A, RoNW 49.99%, and market cap 159.69 Cr.

To apply for Narmadesh Brass Industries IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Narmadesh Brass Industries IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Narmadesh Brass Industries IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Narmadesh Brass Industries IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Narmadesh Brass Industries IPO allotment status on IPO Ji for quick and easy access.