Narmadesh Brass Industries IPO GMP: Day 1 IPO Live Updates

The Narmadesh Brass Industries IPO GMP is ₹0 as of 12th January 2026. It is a fixed price issue IPO of ₹44.87 crores. This is an entirely fresh issue of 0.07 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 20th January 2026. The face value of Narmadesh Brass Industries IPO shares is ₹10 per share, and the IPO price band is ₹515 per share. Retail investors can bid for a minimum of 2 lots of 480 shares worth ₹2,47,200

Narmadesh Brass Industries IPO GMP Grey Market Premium

As mentioned earlier, the Narmadesh Brass Industries IPO GMP currently stands at ₹0.00 per share. Thus, the estimated listing price would be at ₹515. This indicates that the estimated listing gain in this IPO could be 0.00%. Explore the table for Narmadesh Brass Industries IPO GMP updates.

Note: GMP details are subject to change based on market conditions and fluctuations. Check the live Narmadesh Brass Industries IPO GMP status at Univest.

Narmadesh Brass Industries IPO Details

Also Read: Narmadesh Brass Industries IPO GMP & Review: Apply or Avoid?

Explanation

Narmadesh Brass Industries IPO: Narmadesh Brass Industries IPO Limited has declared an issue price band of ₹515 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 480 shares, each worth ₹2,47,200. The face value of Narmadesh Brass Industries IPO Limited shares is ₹10 per share. The shares of Narmadesh Brass Industries IPO Limited will be listed on BSE and SME on its tentative listing day, 20th January 2026. Scroll down to check GMP updates and Narmadesh Brass Industries IPO reviews. 

Narmadesh Brass Industries IPO Objectives

The primary aim of the Narmadesh Brass Industries IPO is to raise ₹44.87 crores. On the other hand, Narmadesh Brass Industries India has decided to utilise these funds in different ways.

• To Repayment/ prepayment, in whole or in part, of certain outstanding borrowings
• To General Corporate Expenses
• To purchase machinery and equipment
• To fund working capital requirements

Narmadesh Brass Industries IPO Registrar

Kfin Technologies Limited is the registrar for the Narmadesh Brass Industries IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Narmadesh Brass Industries allotment and refund, you can contact Kfin Technologies Limited at einward.ris@kfintech.com or at 04067162222, 04079611000.

Narmadesh Brass Industries IPO Review

The Narmadesh Brass Industries IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Narmadesh Brass Industries Limited’s revenue increased by 11.37% from ₹79.06 crores in March 2024 to ₹88.05 crores in March 2025. Moreover, the company’s PAT decreased by 19.43% from ₹7.10 crores in March 2024 to ₹5.72 crores in March 2025.

Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Narmadesh Brass Industries IPO or not.

The P/E ratio of Narmadesh Brass Industries Limited shares is 19.63, and its Earnings Per Share (EPS) stands at 26.23. Thus, the Narmadesh Brass Industries IPO can deliver gains on its tentative listing date, 20th January 2026. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Narmadesh Brass Industries Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

FAQs on Narmadesh Brass Industries IPO

What is the Narmadesh Brass Industries IPO GMP?

Currently, on 12th January 2026, the Narmadesh Brass Industries IPO GMP (Grey Market Premium) stands at ₹0. This indicates that the estimated listing price could be ₹515.00 per share.

What is the issue price of Narmadesh Brass Industries’ IPO?

The Narmadesh Brass Industries IPO issue price band is set at ₹515.00 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 480 shares, worth ₹2,47,200. Moreover, HNIs are required to bid for a minimum of 3 lots (720 shares) worth ₹3,70,800.

Who is the registrar of the Narmadesh Brass Industries IPO?

Kfin Technologies Limited is the registrar for the Narmadesh Brass Industries IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Narmadesh Brass Industries allotment and refund, you can contact Kfin Technologies Limited at einward.ris@kfintech.com or at 04067162222, 04079611000.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Narmadesh Brass Industries IPO, download the Narmadesh Brass Industries IPO RHP and Narmadesh Brass Industries IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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