SME · BSESubscribed: 1.13×
Narmadesh Brass Industries IPO

Narmadesh Brass Industries IPO

Narmadesh Brass Industries IPO

Overview

Narmadesh Brass Industries IPO is a fixed price issue of ₹44.87 crores. The issue is a combination of fresh issue of 0.07 crore shares aggregating to ₹36.09 crores and offer for sale of 0.02 crore shares aggregating to ₹8.78 crores. Narmadesh Brass Industries IPO opens for subscription on Jan 12, 2026 and closes on Jan 15, 2026. The allotment for the Narmadesh Brass Industries IPO is expected to be finalized on Jan 16, 2026. Narmadesh Brass Industries IPO will list on BSE SME with a tentative listing date fixed as Jan 20, 2026. Narmadesh Brass Industries IPO price is ₹515 per share. The lot size for an application is 240. The minimum amount of investment required by an individual investor (retail) is ₹2,47,200 (480 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (720 shares), amounting to ₹3,70,800. Aryaman Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is JSK Securities & Services Pvt.Ltd..

Total Shares

8,71,200

Issue Size

₹45 Cr

Price Band

515 – ₹515

Lot Size

240 shares

Min. Investment

2,47,200

Max. Investment

2,47,200

Open Date

12 Jan, 2026

Close Date

15 Jan, 2026

Allotment

16 Jan, 2026

Listing

20 Jan, 2026

Announced

12 Jan, 2026

Opening Date

12 Jan, 2026

Closing Date

15 Jan, 2026

Basis of Allotment

16 Jan, 2026

Initiation of Refunds

19 Jan, 2026

Credit of Shares

19 Jan, 2026

Listing Date

20 Jan, 2026

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About Narmadesh Brass Industries IPO

Narmadesh Brass Industries IPO Share Price

Issue Breakdown

Total Issue8,71,200 shares₹45 Cr
Fresh Issue6,55,200 shares₹34 Cr
Offer for Sale1,70,400 shares₹9 Cr

Shareholding

Pre-Issue24,00,000
Post-Issue31,00,800

Dilution: 29.2% increase in shares

Narmadesh Brass Industries IPO Financial Health

Narmadesh Brass Industries IPO Lot Size

Investors can bid for a minimum of 480 shares and in multiples of 240 shares thereof.

ApplicationLotsSharesAmount
Individual investors (Retail) (Min)24802,47,200
Individual investors (Retail) (Max)24802,47,200
HNI (Min)37203,70,800

(All values in CR)

Narmadesh Brass Industries IPO Valuations

KPI as of Mon, Mar 31, 2025.

MetricValue
ROE49.99
ROCE23.29
RoNW49.99
PAT Margin6.52
EBITDA Margin10.64

(All values in CR)

Narmadesh Brass Industries IPO Subscriptions Status

Narmadesh Brass Industries IPO subscribed 1.13 times. The public issue subscribed 0.22 times in the individual investors category, [.] times in QIB (Ex Anchor), and 1.90 times in the NII category by January 14, 2026 6:54:19 PM (Day 3).

Investor CategorySubscription (times)Shares OfferedShares bid forTotal Amount (Rs Cr.)
Market Maker1.0045,60045,6002.35
NII1.904,12,8007,85,28040.44
Individual Investors0.224,12,80092,6404.77
Total1.138,25,6009,36,00048.2

Narmadesh Brass Industries IPO GMP

Narmadesh Brass Industries SME IPO last GMP is ₹0, last updated Jan 15th 2026 05:58 PM. With the price band of 515.00, Narmadesh Brass Industries SME IPO's estimated listing price is ₹515 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.

00.0%

Last updated 15 Jan, 2026 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
15 Jan, 2026515₹0-₹515 (0.00%)-15 Jan, 2026
14 Jan, 2026515₹0-₹515 (0.00%)-14 Jan, 2026
13 Jan, 2026515₹0-₹515 (0.00%)-13 Jan, 2026
12 Jan, 2026515₹0-₹515 (0.00%)-12 Jan, 2026
11 Jan, 2026515₹0-₹515 (0.00%)-11 Jan, 2026
10 Jan, 2026515₹0-₹515 (0.00%)-10 Jan, 2026
09 Jan, 2026515₹0-₹515 (0.00%)-09 Jan, 2026
08 Jan, 2026515₹0-₹515 (0.00%)-08 Jan, 2026
07 Jan, 2026515₹0-₹515 (0.00%)-07 Jan, 2026

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Narmadesh Brass Industries IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Narmadesh Brass Industries IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.