Narmadesh Brass Industries IPO GMP Today
The Narmadesh Brass Industries IPO GMP is ₹0 (0.0% over the upper price band of ₹515) as of 16 Jan 2026, giving an estimated listing price of ₹515 per share. On a minimum application of 480 shares, that is an estimated gain of ₹0. GMP has held steady at ₹0 since tracking began on 10 Jan.
Last updated
- Issue Price
- ₹515
- GMP
- ₹0
- GMP %
- 0.0%
- Est. listing
- ₹515
- Est. gain / application
- ₹0
Narmadesh Brass Industries IPO GMP trend
Tracked for 10 days. High ₹0 on 10 Jan, low ₹0 on 10 Jan.
Narmadesh Brass Industries IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (480 sh) |
|---|---|---|---|---|---|
| (latest) | ₹0 | 0 | 0.00% | ₹515 | ₹0 |
| ₹0 | 0 | 0.00% | ₹515 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹515 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹515 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹515 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹515 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹515 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹515 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹515 | ₹0 | |
| ₹0 | — | 0.00% | ₹515 | ₹0 |
Est. listing = upper price band (₹515) + GMP. Est. gain = GMP × 480 shares (2 lots, the minimum application).
Narmadesh Brass Industries IPO subscription status
| Retail | 0.44x |
|---|---|
| Total | 1.31x |
Reading the Narmadesh Brass Industries IPO GMP
The grey market premium is the price above the issue price at which Narmadesh Brass Industries IPO shares are informally traded before listing. A GMP of ₹0 on an upper band of ₹515 suggests the shares could open around ₹515, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand, and SME GMP in particular can swing sharply on low volumes. Check it together with the subscription numbers and the company's financials before applying.
A zero GMP means grey market participants currently expect little or no premium on listing.
Narmadesh Brass Industries IPO GMP: FAQs
- What is Narmadesh Brass Industries IPO GMP today?
- The latest grey market premium (GMP) for the Narmadesh Brass Industries IPO is ₹0 as of 16 January 2026, which is 0.00% over the upper price band of ₹515.
- What is the expected listing price of Narmadesh Brass Industries IPO?
- Based on the current GMP, the estimated listing price of Narmadesh Brass Industries IPO is ₹515 per share (₹515 issue price + ₹0 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Narmadesh Brass Industries IPO?
- The lot size is 240 shares. The minimum application is 2 lots (480 shares), which costs ₹2,47,200 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.