Narmadesh Brass Industries IPO

About the company

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.

GMP trend (Grey Market Premium by date)

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   12 Jan 2026

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   16 Jan 2026

   Last day to place your bid

3. Basis of Allotment

   Completed
   19 Jan 2026

   Share allotment finalised

4. Refund Initiation

   Completed
   20 Jan 2026

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   20 Jan 2026

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   21 Jan 2026

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.