Narmadesh Brass Industries Limited IPO
Narmadesh Brass Industries Limited IPO
Price Band
₹515
Total Issue
₹44.87 Cr
Bid Dates
12 Jan - 16 Jan
Subscription
-
Est. GMP
₹0 (0.00%)
Tentative Timetable
Business Overview
Narmada Brass Industries Limited is engaged in the manufacture of brass products for both domestic and international markets. Operating from its ISO 9001:2015 certified manufacturing facility located in Jamnagar, Gujarat, the Company produces a wide range of brass billets, rods and precision components. Its operations include in-house casting and forging capabilities, enabling it to cater to diverse customer specifications across electrical, plumbing, automotive and engineering applications. The manufacturing facility has a total installed annual capacity of 10,240 metric tonnes, supported by quality control systems and skilled technical personnel. The Company focuses on consistent product quality, operational efficiency and timely delivery, allowing it to build long-standing relationships with customers across multiple end-use industries.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 2 | 480 | ₹2,47,200 |
| Individual (Max) | 2 | 480 | ₹2,47,200 |
| Others (Min) | 3 | 720 | ₹3,70,800 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 19 Jan | ₹0 (0%) | ₹515 |
| 18 Jan | ₹0 (0%) | ₹515 |
| 17 Jan | ₹0 (0%) | ₹515 |
| 16 Jan | ₹0 (0%) | ₹515 |
| 15 Jan | ₹0 (0%) | ₹515 |
| 14 Jan | ₹0 (0%) | ₹515 |
| 13 Jan | ₹0 (0%) | ₹515 |
| 12 Jan | ₹0 (0%) | ₹515 |
| 11 Jan | ₹0 (0%) | ₹515 |
| 10 Jan | ₹0 (0%) | ₹515 |
| 09 Jan | ₹0 (0%) | ₹515 |
| 08 Jan | ₹0 (0%) | ₹515 |
| 07 Jan | ₹0 (0%) | ₹515 |
Narmadesh Brass IPO Peer Comparison
(Rs. in crores)
| Particulars | Narmadesh Brass | Poojawestern Metaliks | Siyaram Recycling |
|---|---|---|---|
| Revenue | 87.72 | 50.37 | 511.56 |
| PAT | 5.72 | 1.55 | 14.57 |
| EPS (₹) | 26.23 | 1.53 | 6.69 |
| NAV (₹) | 57.24 | 13.38 | 58.24 |
| RONW | 49.99% | 11.46% | 11.49% |
| EBITDA | 10.64% | 9.25% | 5.69% |
| PAT Mrgn | 6.52% | 3.09% | 2.83% |
| PE Ratio | 19.63 | 18.67 | 8.10 |
The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 06, 2026. for Peers
Financial Performance
(Rs. in crores)
| Particulars | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 34.18 | 87.72 | 78.88 | 59.96 |
| PAT | 4.01 | 5.72 | 7.10 | 0.89 |
| Net Worth | 22.46 | 11.45 | 5.73 | 8.30 |
| Borrowings | 19.21 | 24.73 | 22.43 | 5.94 |
| Assets | 63.10 | 59.66 | 46.68 | 22.00 |
| NAV (₹) | 93.58 | 57.24 | 28.63 | 41.50 |
| EPS (₹) | 17.77 | 26.23 | 32.52 | 4.10 |
KPIs
EBITDA
10.64%
PAT
6.52%
ROE
49.99%
ROCE
23.29%
PE Ratio
19.63
PB Ratio
9.00
Mkt Cap (in Crs.)
159.69
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
99.91%
Public
0.09%
Management
Subscription Status
Updated as on 16 Jan 2026 | 05:00:00 PM
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| Individual Investor | 0.44x | 4,12,800 | 1,82,880 |
| Others | 2.06x | 4,12,800 | 8,49,600 |
| Total | 1.25x | 8,25,600 | 10,32,480 |
Frequently Asked Questions
What is Narmadesh Brass IPO?
When will Narmadesh Brass IPO open?
What is the GMP of Narmadesh Brass IPO?
What is the lot size of Narmadesh Brass IPO?
When is the allotment of Narmadesh Brass IPO?
What is the listing date of Narmadesh Brass IPO?
What is the subscription of Narmadesh Brass IPO?
What is the price band of Narmadesh Brass IPO?
How to check allotment status of Narmadesh Brass IPO?
How to apply Narmadesh Brass IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Narmadesh Brass IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Narmadesh Brass IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Narmadesh Brass IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date