{"id":59117,"date":"2026-01-21T14:07:17","date_gmt":"2026-01-21T08:37:17","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=59117"},"modified":"2026-01-21T14:28:39","modified_gmt":"2026-01-21T08:58:39","slug":"narmadesh-brass-industries-ipo-listing","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/narmadesh-brass-industries-ipo-listing\/","title":{"rendered":"Narmadesh Brass Industries IPO Listing at 4% discount at \u20b9515.00 Per Share"},"content":{"rendered":"<p><strong>Narmadesh Brass Industries IPO listing delivers 4.00% premium <\/strong>at \u20b9495.00 per share over the issue price band of \u20b9515 per share. The Narmadesh Brass Industries IPO was subscribed 1.25 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received [.] times, and non-institutional investors (NIIs) received 1.92 times. The retail quota of the issue was subscribed to 47.38%. Before delving deeper into the topic, go through the details of the Narmadesh Brass Industries IPO.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/narmadesh-brass-industries-ipo-listing\/#Narmadesh_Brass_Industries_IPO\" title=\"Narmadesh Brass Industries IPO&nbsp;\">Narmadesh Brass Industries IPO&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/narmadesh-brass-industries-ipo-listing\/#Narmadesh_Brass_Industries_IPO_Listing\" title=\"Narmadesh Brass Industries IPO Listing\">Narmadesh Brass Industries IPO Listing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/narmadesh-brass-industries-ipo-listing\/#About_the_Narmadesh_Brass_Industries_IPO\" title=\"About the Narmadesh Brass Industries IPO&nbsp;\">About the Narmadesh Brass Industries IPO&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/narmadesh-brass-industries-ipo-listing\/#Narmadesh_Brass_Industries_Limited_Financials\" title=\"Narmadesh Brass Industries Limited Financials\">Narmadesh Brass Industries Limited Financials<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/narmadesh-brass-industries-ipo-listing\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/narmadesh-brass-industries-ipo-listing\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Narmadesh_Brass_Industries_IPO\"><\/span><strong>Narmadesh Brass Industries IPO&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>It is a fixed-price IPO of \u20b944.87 crore, an entirely fresh issue of 0.07 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 19th January 2026. The <strong>Narmadesh Brass Industries IPO<\/strong> date is fixed between 12th January 2026 and 16th January 2026. The face value of Narmadesh Brass Industries shares stands at \u20b910 per share, and the IPO Issue price band is set at \u20b9515 per share<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>16th January 2026<\/td><\/tr><tr><td><strong>IPO Open Date<\/strong><\/td><td>12th January 2026<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>15th January 2026<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>19th January 2026<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>8,71,200 shares(agg. up to \u20b945 Cr<\/td><\/tr><tr><td><strong>Fresh Issue<\/strong><\/td><td>6,55,200 shares(agg. up to \u20b934 Cr)<\/td><\/tr><tr><td><strong>Offer for Sale&nbsp;<\/strong><\/td><td>1,70,400 shares of \u20b910(agg. up to \u20b99 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b910 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>240 Shares<\/td><\/tr><tr><td><strong>Issue Price&nbsp;<\/strong><\/td><td>\u20b9515 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>BSE SME<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>20th January 2026<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Narmadesh_Brass_Industries_IPO_Listing\"><\/span><strong>Narmadesh Brass Industries IPO Listing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>On the BSE &amp; SME platforms, Narmadesh Brass Industries shares are listed at \u20b9495.00 per share, reflecting a 5.00% discount to the issue price of \u20b9515.00 per share.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_the_Narmadesh_Brass_Industries_IPO\"><\/span><strong>About the Narmadesh Brass Industries IPO&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Narmadesh Brass Industries Ltd. is a modern brass manufacturing company based in Jamnagar, Gujarat. The company\u2019s manufacturing facility spans 6,293 m\u00b2, situated at Plot Nos. 5, 8 &amp; 9 in the Shree Ganesh Industrial Hub, Jamnagar \u2013 a city renowned as India\u2019s \u201cBrass City\u201d due to its dense concentration of brass producers. Narmadesh specialises in producing a wide variety of brass products for both domestic and export markets. Their portfolio includes Brass Billets, Brass Rods, Agricultural Sprayer Parts and Garden Fittings, Brass Valves (including ball valves and NRVs), Plumbing and Sanitary Fittings (including lead-free options), and Customisation via Casting, Forging, Turning, CNC &amp; VMC Machined Components..<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Narmadesh_Brass_Industries_Limited_Financials\"><\/span><strong>Narmadesh Brass Industries Limited Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The company&#8217;s financial analysis is essential before applying for <strong>Narmadesh Brass Industries Limited&#8217;s IPO. <\/strong>Refer to the table to learn about Vidya Wires Limited&#8217;s financial information.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Year Ended<\/strong><\/td><td><strong>30th Sep 2025<\/strong><\/td><td><strong>31st March 2025 (in cr.)<\/strong><\/td><td><strong>31st March 2024 (in cr.)<\/strong><\/td><td><strong>31st March 2023 (in cr.)<\/strong><\/td><\/tr><tr><td><strong>Assets<\/strong><\/td><td>63.10<\/td><td>59.66<\/td><td>46.68<\/td><td>22.00<\/td><\/tr><tr><td><strong>Revenue<\/strong><\/td><td>34.21<\/td><td>88.05<\/td><td>79.06<\/td><td>60.09<\/td><\/tr><tr><td><strong>Profit After Tax<\/strong><\/td><td>4.01<\/td><td>5.72<\/td><td>7.10<\/td><td>0.89<\/td><\/tr><tr><td><strong>EBITDA<\/strong><\/td><td>6.24<\/td><td>9.34<\/td><td>11.41<\/td><td>2.13<\/td><\/tr><tr><td><strong>Net Worth<\/strong><\/td><td>22.46<\/td><td>11.45<\/td><td>5.73<\/td><td>8.30<\/td><\/tr><tr><td><strong>Reserves and Surplus<\/strong><\/td><td>23.30<\/td><td>12.69<\/td><td>6.97<\/td><td>&#8211;<\/td><\/tr><tr><td><strong>Total Borrowings<\/strong><\/td><td>19.21<\/td><td>24.73<\/td><td>22.43<\/td><td>5.94<\/td><\/tr><\/tbody><\/table><\/figure><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Narmadesh Brass Industries Limited&#8217;s revenue increased by 11.37% from \u20b979.06 crores in March 2024 to \u20b988.05 crores in March 2025. Moreover, the company&#8217;s PAT decreased by 19.43% from \u20b97.10 crores in March 2024 to \u20b95.72 crores in March 2025.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/docs.google.com\/document\/d\/17HDTRE-2nT7vixdqgJBiSqr4_tKmS0Lchf-BoikgekQ\/edit?tab=t.0\" rel=\"nofollow noopener\" target=\"_blank\">Aritas Vinyl IPO GMP &amp; Subscription Status: Day 2<\/a><\/p><p><a href=\"https:\/\/docs.google.com\/document\/d\/1o1PKUpnFH1k_x1Vv8GDP5BC_dFwJrBBIDffNhyo9EgY\/edit?tab=t.0\" rel=\"nofollow noopener\" target=\"_blank\">Digilogic Systems IPO<\/a><\/p><p><a href=\"https:\/\/docs.google.com\/document\/d\/1oNGZ0m5k-Zi_0YEwxkqw_-dplHWDWObQcxwOUwWSPxE\/edit?tab=t.0\" rel=\"nofollow noopener\" target=\"_blank\">Shadowfax Technologies IPO<\/a><\/p><p><a href=\"https:\/\/docs.google.com\/document\/d\/1eRcD-si31mkOYOgLQ5Ml3W-QLS02rvtEPLoCv0egKZE\/edit?tab=t.0\" rel=\"nofollow noopener\" target=\"_blank\">Defrail Technologies IPO Listing Today<\/a><\/p><p><a href=\"https:\/\/docs.google.com\/document\/d\/11MoAsu41qV1wzk8i6fENOasss4sLtPaGrAtfOme4bpc\/edit?tab=t.0\" rel=\"nofollow noopener\" target=\"_blank\">Bharat Coking Coal IPO Listing Today<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Narmadesh Brass Industries IPO listing delivers 4.00% premium at \u20b9495.00 per share over the issue price band of \u20b9515 per share. The Narmadesh Brass Industries IPO was subscribed 1.25 times at the time of its closing. In this subscription, qualified institutional buyers (QIBs) received [.] times, and non-institutional investors (NIIs) received 1.92 times. The retail<\/p>\n","protected":false},"author":23,"featured_media":59118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[3808],"class_list":["post-59117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo-listing"],"metadata":{"_edit_lock":["1768985936:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["70"],"rank_math_title":["Narmadesh Brass Industries IPO Listing Today; Check Share Price in 2026"],"rank_math_description":["Narmadesh Brass Industries IPO Listing at \u20b9495 at a discount of 4.00% against the IPO price of \u20b9515.00 per share. What should be your next move on the Narmadesh Brass Industries IPO? Read more to know.\n"],"rank_math_focus_keyword":["Narmadesh Brass Industries IPO 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