Narmadesh Brass Industries IPO
Narmadesh Brass Industries IPO is a book built issue of ₹8,71,200 crores. The subscription opens on 12 Jan '26 and closes on 16 Jan '26, with the basis of allotment expected to be finalised on 16 Jan '26. The shares are scheduled to list on BSE with a tentative listing date fixed for 20 Jan '26. The price band is set at ₹515 to ₹515 per share with a minimum lot size of 240 shares.
Free Demat with Zero AMC*
Narmadesh Brass Industries IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 4,35,600 crores |
| Non-Institutional Investors (NIIs) | 0% | -- |
| Retail Individual Investors (RIIs) | 50% | 4,35,600 crores |
About Narmadesh Brass Industries Ltd IPO
Narmadesh Brass Industries Ltd. is a modern brass manufacturing company based in Jamnagar, Gujarat.
The company’s manufacturing facility spans 6,293 m², situated at Plot Nos. 5, 8 & 9 in the Shree Ganesh Industrial Hub, Jamnagar – a city renowned as India’s “Brass City” due to its dense concentration of brass producers.
Narmadesh specializes in producing a wide variety of brass products for both domestic and export markets. Their portfolio includes:
- Brass Billets
- Brass Rods
- Brass Valves (including ball valves and NRVs)
- Plumbing and Sanitary Fittings (including lead-free options)
- Agricultural Sprayer Parts and Garden Fittings
- Customization via Casting, Forging, Turning, CNC & VMC Machined Components.
Their in-house processes ensure tight control over quality, from production to dispatch.The company holds ISO 9001:2015 certification for its Quality Management System, reflecting strong adherence to international quality benchmarks.
This includes its capabilities in casting and forging operations, all executed within the same premises.As of September 30, 2025, the firm employed 81 contract labourers to support its manufacturing operations.
Narmadesh Brass Industries IPO Strengths & Weaknesses
A well-equipped
ISO-certified manufacturing facility located in the brass-rich hub of Jamnagar (often referred to as “Brass City”) ensures efficiency and supply chain advantages.
Full process control—from raw brass billet casting to finished product dispatch—allows better quality assurance and responsiveness to client needs.
Experienced promoters and management team
including leadership by Hitesh Pragajibhai Dudhagara and others who bring continuity from the prior partnership structure.
Narmadesh Brass Industries IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹0 per share |
| Total Issue Size | 8,71,200 shares (aggregating up to ₹2,47,200 crores) |
| Fresh Issue | NaN shares (aggregating up to To be announced) |
| Offer for Sale | NaN shares of ₹0 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
Narmadesh Brass Industries IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Narmadesh Brass Industries ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Narmadesh Brass Industries IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Narmadesh Brass Industries Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
