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Narmadesh Brass Industries IPO
1.30xsubscribed

Narmadesh Brass Industries IPO

Metal - Ferrous
listed
₹2.47LMin. investment

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%

Narmadesh Brass Industries IPO Subscription Status

Date
QIB
NII
Retail
Total
12-Jan-26
0.0 times (X)
1.78 times (X)
0.07 times (X)
1.07 times (X)
13-Jan-26
0.0X
1.8X
0.16X
1.13X
14-Jan-26
0.0X
1.86X
0.22X
1.19X
15-Jan-26
0.0X
1.86X
0.23X
1.19X
16-Jan-26
0.0X
1.88X
0.44X
1.3X

As on 12-Jan-26, 5:30 PM

Narmadesh Brass Industries IPO Timeline

  1. Pre-apply
    9 Jan 2026
  2. Bid start
    12 Jan 2026
  3. Bid end
    16 Jan 2026
  4. Allotment
    19 Jan 2026
  5. Release of funds
    20 Jan 2026
  6. Demat transfer
    20 Jan 2026
  7. Listing
    21 Jan 2026

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.

Checklist

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Objectives of Narmadesh Brass Industries Limited IPO

Repayment of borrowings
42.60%
The company will utilise ₹14.50 crore towards repayment of certain outstanding borrowings.
Working capital
30.00%
The company will utilise ₹10.20 crore towards the working capital requirements of the business
General corporate purposes
17.80%
The company will utilise ₹4.60 crore towards general corporate purposes and issue expenses
Purchase of equipment
9.60%
The company will utilise ₹3.29 crore to purchase machinery and equipment

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹87.72Cr20.95%₹5.72Cr₹159.69Cr19.631.68
This sector (avg.)₹51.15Cr---₹1.42Cr₹88.06Cr41.050.25
₹32.53Cr---₹1.86Cr₹100.94Cr46.330.37
₹178.42Cr---₹4.12Cr₹94.46Cr25.090
₹175.44Cr---₹7.59Cr₹87.4Cr19.240.59

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Narmadesh Brass Industries IPO Contact Details

Company NameNarmadesh Brass Industries Limited

How to apply for Narmadesh Brass Industries IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Narmadesh Brass Industries Limited IPO FAQs

Investors can apply for the Narmadesh Brass Industries IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Narmadesh Brass Industries IPO is 45 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
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.
Narmadesh Brass Industries IPO will be open between 2026-01-12 and 2026-01-16.
Narmadesh Brass Industries IPO allotment date is 2026-01-20. For Narmadesh Brass Industries IPO allotment status check, you can visit the website of the registrar of the IPO.
For Narmadesh Brass Industries IPO, the IPO registrar is KFIN TECHNOLOGIES LIMITED. You can check Narmadesh Brass Industries IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Narmadesh Brass Industries IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Narmadesh Brass Industries IPO lot size is 240 and minimum order quantity is 480.
Narmadesh Brass Industries IPO has set the price band for its IPO at 515 per equity share with a face value of 10.