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0/0
Growth Score
0/0
Valuation Score
0/0
Bidding Date
12-Jan-2026 to
16-Jan-2026
Issue Size
₹44.87 Cr
Price Band
₹515
Allotment date
19-Jan-2026
Listing date
21-Jan-2026
Lot size
240
No. of shares
8,71,200
Fresh issue/OFS
₹36.09 Cr/₹8.78 Cr
Narmadesh Brass Industries Limited, originally formed as a partnership firm named M/s. Narmada Brass Industries on August 29, 2019, under the Indian Partnership Act, 1932, in Jamnagar, Gujarat, was converted into a public limited company on October 30, 2023. The company has evolved from its initial brass manufacturing focus as a partnership to a more structured operation with in-house casting, forging, and machining capabilities at its ISO 9001:2015-certified facility spanning 6,293 m² in Jamnagar, known as India's "Brass City," enabling expanded production of billets, rods, and components for domestic and international markets. Its core business centers on manufacturing brass products, with primary segments including brass billets, rods, extruded profiles, and precision components produced via integrated processes that ensure quality control from raw material to dispatch. Key areas of expertise encompass brass alloy production, forging, and custom component fabrication, bolstered by unique strengths such as an in-house R&D center, tool room for continuous product development, and stringent quality mechanisms. The firm serves customers across various sectors through a client-focused approach emphasizing trust-building, competitive pricing, geographical expansion, and product diversification to address industry challenges like standardization and market reach. Operationally, Narmadesh prioritizes experienced management, high-quality standards, and agile strategies for sustained client relationships.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
1.2x
The issue size of Narmadesh Brass is ₹44.87 Cr.
Narmadesh Brass falls into Metal Processing industry.
The Narmadesh Brass IPO will be listed on NSE.
The open and close dates for the Narmadesh Brass are 12-Jan-2026 & 16-Jan-2026.
The price band for the Narmadesh Brass ipo is ₹515
The listing date of Narmadesh Brass IPO is 21-Jan-2026.
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
Narmadesh Brass total subscription ratio is 1.2X.
Key financial of the Narmadesh Brass are:
| Narmadesh Brass | FY-25 | FY-24 |
|---|---|---|
| Revenue (₹ Cr) | 87.72 | 78.88 |
| EBIT (₹ Cr) | 8.21 | 10.51 |
| Proft after Tax (₹ Cr) | 5.67 | 7.1 |
| Debt (₹ Cr) | 24.73 | 22.43 |
| Net Worth (₹ Cr) | 14.64 | 8.97 |
| RoE (%) | 38.71 | 79.11 |