Narmadesh Brass Industries Limited IPO
BSE SMEListed On: Jan 21, 2026 at ₹ 495.0
₹ 247200
/480 Shares
*Min Investment
12 Jan, 2026
Open Date16 Jan, 2026
Close Date19 Jan, 2026
Allotment Date21 Jan, 2026
Listing DateNarmadesh Brass Industries IPO Live Subscription Details
View Subscription DetailsNarmadesh Brass Industries IPO Issue Details
- Issue Price ₹515 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 8,71,200 shares(aggregating up to ₹44.87 crore)
- Fresh Share 7,00,800 shares(aggregating up to ₹36.09 crore)
- Offer For Sale 1,70,400 shares(aggregating up to ₹8.78 crore)
- Listing at BSE SME
- List Price 495.0
- Listing Date 2026-01-21
- Lead Manager Aryaman Financial Services Ltd.
- Registrar Kfin Technologies 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 Reservation
Narmadesh Brass Industries IPO offers total 871200 shares. Out of which NA (NA%) allocated to QIB, 412800 (47.38%) allocated to NII,412800 (47.38%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Market Maker Shares Offered | 45600 (5.23%) | |
| NII (HNI) Shares Offered | 412800 (47.38%) | |
| Individual Shares Offered | 412800 (47.38%) | |
| Total Shares Offered | 871200 (100%) |
Narmadesh Brass Industries IPO Details
Narmadesh Brass Industries Limited IPO is an SME IPO, priced at ₹515 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 8,71,200 equity shares, aggregating up to ₹44.87 crores..
The IPO bidding window is open from Jan 12, 2026 to Jan 16, 2026. The allotment is expected to be finalized on Jan 19, 2026, and the tentative listing date is Jan 21, 2026.
The minimum lot size for Individual investors is 480 shares, with a minimum investment of ₹2,47,200.
Aryaman Financial Services Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Ltd., and
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Narmadesh Brass Industries IPO Subscription Analysis And Details
| 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 |
Narmadesh Brass Industries Valuations
Narmadesh Brass Industries Company Financials
| 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 |
About Narmadesh Brass Industries Company
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 - Promoter(s)
Pre Issue Share Holding : %
Post Issue Share Holding : %
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 Details
Narmadesh Brass Industries
Plot No. 5, 8 & 9 Survey No. 433, Shree Ganesh Industrial Hub Changa Village Jamnagar, Gujarat, 361012
+91 02895 299401
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Narmadesh Brass Industries IPO - FAQs
Ans. Narmadesh Brass Industries Limited IPO is a SME IPO. The issue is priced at ₹515 per equity share. The minimum order quantity is 240 Shares. The IPO opens on Jan 12, 2026, and closes on Jan 16, 2026. Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Narmadesh Brass Industries Limited IPO opens on Jan 12, 2026 and closes on Jan 16, 2026.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Narmadesh Brass Industries Limited IPO is 8,71,200 shares(aggregating up to ₹44.87 Cr).
Ans. The Narmadesh Brass Industries Limited IPO price band is set between ₹515 per equity share.
Ans. To apply for Narmadesh Brass Industries Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Narmadesh Brass Industries Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Narmadesh Brass Industries Limited IPO is Jan 19, 2026.
Ans. The Narmadesh Brass Industries Limited IPO will be listed on Jan 21, 2026.
Ans. Follow the steps to check the Narmadesh Brass Industries Limited IPO allotment status online.
