Narmadesh Brass Industries IPO Details
The Narmadesh Brass Industries IPO is a fixed price issue with a total issue size of ₹45 cr, comprising of fresh issue of 655200 equity shares., and a offer for sale of 170400 equity shares. Narmadesh Brass Industries IPO opened for subscription on Jan 12, 2026 and closed on Jan 16, 2026. Narmadesh Brass Industries IPO has set the price at ₹515 per share, with a lot size of 240 shares. Minimum investment for Retail investors was ₹247,200.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jan 19, 2026, and listed on both the NSE and BSE on Jan 21, 2026.
Kfin Technologies Limited has been appointed as the registrar. Aryaman Financial Services Limited are the Book Running Lead Manager for the issue.
Before investing in the Narmadesh Brass Industries IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 515 – 515
- Lot Size
- 240
- Issue Size
- ₹45 Cr
- Minimum Investment
- ₹247200 (480 Shares)
- Listing Date
- 21 January 2026
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Narmadesh Brass Industries Limited
Narmadesh Brass Industries Ltd. is a modern brass manufacturing company headquartered in Jamnagar, Gujarat, a city widely recognized as India’s “Brass City” due to its high concentration of brass manufacturing units.
The company operates a state-of-the-art manufacturing facility spread across 6,293 square meters, located at Plot Nos. 5, 8 & 9, Shree Ganesh Industrial Hub, Jamnagar. The integrated facility enables efficient production and stringent quality control across all stages of manufacturing.
Narmadesh Brass Industries Ltd. specializes in the production of a diverse range of brass products catering to both domestic and international markets. The company’s product portfolio includes:
- Brass Billets
- Brass Rods
- Brass Valves, including Ball Valves and Non-Return Valves (NRVs)
- Plumbing and Sanitary Fittings, including Lead-Free variants
- Agricultural Sprayer Components and Garden Fittings
- Customized Components manufactured through Casting, Forging, Turning, CNC, and VMC machining processes
All major manufacturing processes, including casting and forging, are carried out in-house, allowing the company to maintain strict control over product quality, consistency, and delivery timelines—from raw material processing to final dispatch.
The company is certified under ISO 9001:2015 for its Quality Management System, demonstrating its commitment to maintaining internationally recognized quality standards and continuous improvement.
As of September 30, 2025, Narmadesh Brass Industries Ltd. employed 81 contract laborers to support its manufacturing and operational activities.
Narmadesh Brass Industries IPO Promoters
- M/s. Sprayking Limited
- Mr. Hitesh Dudhagara
- Mrs. Ronak Dudhagara
Promoters Holding
Holding Pre Issue
99.92%
Holding Post Issue
71.84%
Narmadesh Brass Industries IPO Objective
The Company Narmadesh Brass Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings
- Purchase of machinery and equipment
- Funding Working capital requirements
- General Corporate Purpose
Address / Contact Info
Narmadesh Brass Industries Ltd.
Plot No. 5, 8 & 9
Survey No. 433, Shree Ganesh Industrial Hub
Changa Village
Jamnagar, Gujarat, 361012
Phone: +91 028 95299401
Email: info@narmadeshbrass.com
Website: https://www.narmadeshbrass.com/
IPO Snapshot
Book Running Lead Managers
- Aryaman Financial Services Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Narmadesh Brass Industries IPO is a Fixed price IPO with a total issue size of ₹45 crore. The Narmadesh Brass Industries IPO price band is ₹515 to 515 per share. The Narmadesh Brass Industries IPO subscription opens on Mon, Jan 12, 2026, and closes on Fri, Jan 16, 2026. The Narmadesh Brass Industries IPO will be listed on the BSE. Kfin Technologies Limited is the registrar for the Narmadesh Brass Industries IPO.
The Narmadesh Brass Industries IPO opens on Mon, Jan 12, 2026 and closes on Fri, Jan 16, 2026
Narmadesh Brass Industries IPO Price Band is ₹515 to 515 per share.
Narmadesh Brass Industries IPO lot size is 240 shares, Retail investors need a minimum investment of ₹247200 based on the upper price band
The minimum investment for Narmadesh Brass Industries IPO is ₹247200, based on one lot of 240 shares at the upper price band of ₹515 per share.
Investors can apply for the Narmadesh Brass Industries IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jan 16, 2026. The application amount remains blocked until the Narmadesh Brass Industries IPO allotment is finalized.
Narmadesh Brass Industries IPO issue size is ₹45 crores.
Narmadesh Brass Industries IPO allotment date is Wed, Jul 1, 2026.
The registrar for Narmadesh Brass Industries IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Narmadesh Brass Industries IPO allotment status, refund processing, and other IPO-related information.
The Narmadesh Brass Industries IPO GMP (Grey Market Premium) is ₹0 as of Fri, Jan 16, 2026. Based on the upper price band of ₹515 per share, the estimated Narmadesh Brass Industries IPO listing price is ₹515, indicating a potential listing gain of approximately 0% over the issue price.