Narmadesh Brass IPO Date, Review, Price, Allotment Details
The Narmadesh Brass IPO is scheduled to open on January 12, 2026, and will close on January 15, 2026. It is a fixed-price issue, through which the company aims to raise approximately ₹45 crore, consisting of a fresh issue of ₹36 crore and an offer for sale of up to 1,70,400 equity shares with a face value of ₹10 each.
The IPO is priced at ₹515 per share. The retail quota is 50%, QIB allocation is 0%, and the HNI quota is 50%. The shares of Narmadesh Brass are expected to be listed on BSE SME on January 20, 2026, with the allotment date scheduled for January 16, 2026.
Financially, the company reported a revenue of ₹88.05 crore in 2025, up from ₹79.06 crore in 2024. However, profit declined to ₹5.72 crore in 2025 from ₹7.10 crore in 2024. Considering the financial performance, long-term investors may consider applying to this IPO.
Narmadesh Brass IPO Details
Narmadesh Brass IPO Market Lot
The minimum market lot for the Narmadesh Brass IPO is 480 shares, which amounts to an application value of ₹2,47,200.
The Narmadesh Brass IPO minimum market lot is 480 shares with ₹2,47,200 application amount.
Application Lot Size Shares Amount Retail Minimum 2 480 ₹2,47,200 Retail Maximum 2 480 ₹2,47,200 S-HNI Minimum 3 720 ₹3,70,800
IPO Reservation
Investor Category Share Offered -% Shares NII Shares Offered 4,12,800 Shares 47.38% Retail Shares Offered 4,12,800 Shares 47.38%
Narmadesh Brass IPO Dates
The Narmadesh Brass IPO will open on January 12, 2026, and close on January 15, 2026. The allotment will be finalized on January 16, 2026, with the listing scheduled for January 20, 2026.
Promoters and Holding Pattern
The promoters of Narmadesh Brass are M/s. Sprayking Limited, Mr. Hitesh Dudhagara, and Mrs. Ronak Dudhagara.
Objects of the Issue & Utilisation of Proceeds
About Narmadesh Brass IPO
Narmadesh Brass Industries Limited is engaged in the manufacturing of a diverse range of brass products. The company operates from its manufacturing facility located at Plot Nos. 5, 8, and 9 in Jamnagar, Gujarat, covering a total area of 6,293.03 sq. metres. Its production capabilities include an annual capacity of 4,320 metric tonnes (MT) of brass billets, 4,320 MT of brass rods, and 1,600 MT of brass components.
The company’s product portfolio comprises brass rods, brass billets, agricultural sprayer parts, garden fittings, ball valves, non-return valves (NRVs), turning components, plumbing and sanitary fittings, and brass compression fittings. These products cater to both domestic and international markets. As of September 2025, the company employed a workforce of 81 labourers.
Narmadesh Brass IPO Company Financial Report
Amount ₹ in Crores
Narmadesh Brass IPO Valuation – FY2025
Check Narmadesh Brass IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Peer Group Comparison
IPO Lead Managers aka Merchant Bankers
- Aryaman Financial Services Ltd.
Company Address
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 Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://ipostatus.kfintech.com/