Narmadesh Brass Industries IPO

Narmadesh Brass Industries IPO

Metal - Ferrous
open
₹2.47LMin. investment
  1. Pre-apply
    9 Jan
  2. Bid start
    12 Jan
  3. Bid end
    15 Jan
  4. Allotment
    16 Jan
  5. Release of funds
    19 Jan
  6. Demat transfer
    19 Jan
  7. Listing
    20 Jan

Narmadesh Brass Industries Limited IPO Details

SectorMetal - Ferrous
Price range₹515 – ₹515
IPO type
SME
Lot size240 shares
Issue size₹45Cr
Draft Red Herring Prospectus
Read
Market Cap
₹159.69CrHigher than sector avg
RevenueApr 2024 - Mar 2025
₹87.72CrHigher than sector avg
Growth rate3Y CAGR
20.95%

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹87.72Cr
This sector
₹51.15Cr
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹5.72Cr
This sector
₹1.42Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹159.69Cr
This sector
₹88.06Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
19.63
This sector
41.05
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
1.68
This sector
0.25
Compare with companies

Objectives

Repayment of borrowings
42.60%
Working capital
30.00%
General corporate purposes
17.80%
Purchase of equipment
9.60%

About Narmadesh Brass Industries Limited

Narmadesh Brass Industries is engaged in the manufacturing of brass products for the domestic and international markets. The company’s product offerings include brass valves, rods, billets, sanitary and plumbing fittings, brass rods, brass billets, agricultural sprayer parts and other brass components. It has a manufacturing facility that covers 6,293.03 square meters in Gujarat, with an annual production capacity of 1,600 MT for brass components and 4,320 MT for brass billets and rods. Additionally, the business provides casting and forging services for brass parts.
As of September 2025, brass rods accounted for 41.8% of FY25 revenue, brass billets 27.2%, brass components 27.3%, and sales of services 2.90%. Gujarat led domestic revenue at 56.28% in FY25, followed by Delhi at 10.96% and Maharashtra at 5.81%. Exports to the UAE made up 26.94% of revenue in FY25.

Frequently asked questions

How to invest in the Narmadesh Brass Industries IPO ?

Investors can apply for the Narmadesh Brass Industries IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Narmadesh Brass Industries IPO ?

The issue size of the Narmadesh Brass Industries IPO is 45 Cr.

What is 'pre-apply' for Narmadesh Brass Industries IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Narmadesh Brass Industries IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Ipo opens on 12 Jan 2026, 10:00 AM