Narmadesh Brass Industries IPO Deatils
Narmadesh Brass Industries
Offer Price₹515 Lot Size240 Listing Price ₹495 (-3.88% ▼) Subscription1.25x Offer Time12 jan to 14 jan
Listed
Narmadesh Brass Industries Ipo Deatils : Gmp, Subscription, Date
- 📄 IPO Details
- 📊 IPO Subscribe
- 📅 Important Date
- 📈 Day Wise Gmp
- 🧮 Day Wise Subscribe
- 📦 Ipo Lot Size
- 🏷️ Ipo Reservation
- 🏢 About Company
- 🎯 Objective of Ipo
- 🚀 Financial Report
IPO Details
| Details | Information |
| IPO Date | 12 to 15 Jan, 2026 |
| Listing Date | Tue, Jan 20, 2026 |
| Face Value | ₹10 per share |
| Issue Price | ₹515 per share |
| Lot Size | 240 Shares |
| Sale Type | Fresh Capital & OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 8,71,200 shares (agg. up to ₹45 Cr) |
| Reserved for Market Maker | 45,600 shares (agg. up to ₹2 Cr) – JSK Securities & Services Pvt. Ltd. |
| Fresh Issue (Ex Market Maker) | 6,55,200 shares (agg. up to ₹34 Cr) |
| Offer for Sale | 1,70,400 shares of ₹10 (agg. up to ₹9 Cr) |
| Net Offered to Public | 8,25,600 shares (agg. up to ₹43 Cr) |
| Share Holding Pre Issue | 24,00,000 shares |
| Share Holding Post Issue | 31,00,800 shares |
Subscription
| NII | 1.92x |
| Individual | 0.44x |
| Total | 1.25x |
Important Date
| Category | Subscription (Times) |
| Non-Institutional Buyers | 1.93 |
| Individual Investors | 0.07 |
| Total | 1.07 |
Day Wise GMP
| Date | Price | GMP | Sub | Est Price | Profit | Updated |
|---|
| 21-01-2026 | ₹515.00 | ₹0.00 — | 1.25 | ₹515.00 | ₹0.00 | 00:12 |
| 19-01-2026 | ₹515.00 | ₹0.00 — | 1.25 | ₹515.00 | ₹0.00 | 23:40 |
| 18-01-2026 | ₹515.00 | ₹0.00 — | 1.25 | ₹515.00 | ₹0.00 | 00:12 |
| 16-01-2026 | ₹515.00 | ₹0.00 — | 1.25 | ₹515.00 | ₹0.00 | 23:43 |
| 15-01-2026 | ₹515.00 | ₹0.00 — | 1.13 | ₹515.00 | ₹0.00 | 23:41 |
| 14-01-2026 | ₹515.00 | ₹0.00 — | 1.13 | ₹515.00 | ₹0.00 | 23:41 |
| 13-01-2026 | ₹515.00 | ₹0.00 — | 1.07 | ₹515.00 | ₹0.00 | 23:46 |
| 12-01-2026 | ₹515.00 | ₹0.00 — | 1.07 | ₹515.00 | ₹0.00 | 23:43 |
Day Wise Subscription
| Date | NII | Total |
| 19 Jan | 1.92x | 1.25x |
| 18 Jan | 1.92x | 1.25x |
| 16 Jan | 1.92x | 1.25x |
| 14 Jan | 1.9x | 1.13x |
| 13 Jan | 1.84x | 1.07x |
IPO Lot Size
| Application | Lots | Shares | Amount |
| Individual investors (Retail) (Min) | 2 | 480 | ₹2,47,200 |
| Individual investors (Retail) (Max) | 2 | 480 | ₹2,47,200 |
| HNI (Min) | 3 | 720 | ₹3,70,800 |
IPO Reservation
| Category | Shares Offered |
| Market Maker Shares Offered | 45,600 (5.23%) |
| NII (HNI) Shares Offered | 4,12,800 (47.38%) |
| Retail Shares Offered | 4,12,800 (47.38%) |
| Total Shares Offered | 8,71,200 (100.00%) |
About Company
| Particulars | Details |
| Company Name | Narmadesh Brass Industries Ltd. |
| Business Overview | A modern brass manufacturing company producing a wide variety of brass products for domestic and export markets. |
| Location | Jamnagar, Gujarat (India’s “Brass City”) |
| Manufacturing Facility Area | 6,293 sq. meters |
| Factory Address | Plot Nos. 5, 8 & 9, Shree Ganesh Industrial Hub, Jamnagar |
| Manufacturing Capabilities | Casting and forging operations executed within the same premises |
| Quality Control | In-house processes ensuring control from production to dispatch |
| Certification | ISO 9001:2015 – Quality Management System |
| Employees | 81 contract labourers (as of September 30, 2025) |
Objective of IPO
| # | Issue Objects | Estimated Amount (₹ Cr.) |
| 1 | Repayment / prepayment, in full or in part, of certain outstanding borrowings | 14.50 |
| 2 | Purchase of machinery and equipment | 3.29 |
| 3 | Funding working capital requirements | 10.20 |
| 4 | General Corporate Purpose | 4.60 |
Financial Report
| Metric | Value |
| ROE | 17.86% |
| ROCE | 13.31% |
| RoNW | 17.86% |
| PAT Margin | 11.74 |
| EBITDA Margin | 18.26 |
| Price to Book Value | 5.50 |
