IPO ChampIPO Insights
IPO Champ LogoIPO Champ Logo

IPOs

IPO Calendar
GMP Tracker
Subscription Status
Allotment Status
Stock Broker
  • Follow us on Instagram
  • Follow us on Facebook
  • Follow us on Threads
  • Follow us on YouTube
  • Follow us on Telegram
  • Follow us on WhatsApp
HomeIPONarmadesh Brass Industries

About Narmadesh Brass Industries

Narmadesh Brass Industries Ltd. is an upscale brass production unit located at Jamnagar in Gujarat.The company’s production facility is of 6,293 m² size and is located in Plot Nos. 5, 8, & 9, Shree Ganesh Industrial Hub, Jamnagar, which is known for being the “Brass City” of India because of the high concentration of brass manufacturers in this city.Narmadesh deals with the manufacture of a range of brass products, both for the local and export markets. They specialize in:Brass BilletsBrass RodsBrass Valves (including Ball Valves, NRVs)Plumbing & Sanitary Fittings (including lead-free)Agricultural Sprayer Parts and Garden FittingsCustomization through Casting, Forging, Turning, CNC, and VMC machined components.Their in-house facilities mean they have strict control over quality, right from production to dispatch.The company is ISO 9001:2015 certified for its Quality Management System with high adherence to international quality standards.This spans its skills in casting and forging processes undertaken by the same facility.The company had contracted a total of 81 contract labourers as of September 30, 2025, to facilitate their manufacturing activities.

Checklist Quality Analysis

Revenue Growth

Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
See All Live IPOs
IPO Champ LogoIPO Champ Logo

IPO Champ helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

Tools

IPO CalendarGMP TrackerSubscription StatusAllotment Status

IPOs

All IPOsLive IPOsUpcoming IPOsClosed IPOsListed IPOs

Resources

NewseBooks

Company

HomeAbout UsPrivacy PolicyTerms of Service

About IPO Champ

IPO Champ is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
help@ipochamp.com.

Please read all offer documents and risk disclosures carefully before investing. IPO Champ does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Champ. All rights reserved.

Want to stay updated?Subscribe to our newsletter

Narmadesh Brass Industries

Narmadesh Brass Industries

Open Date

12 Jan 2026

Close Date

16 Jan 2026

listed

Min Investment

₹247200

Lot Size

480 Shares

Issue Size

₹44.87 Cr

Price Range

₹515 - ₹515

Listing Date

Jan 21, 2026

IPO Doc

RHP PDF

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

Narmadesh Brass Industries IPO - Issue Objectives

The company will utilise ₹14.50 crore towards repayment of certain outstanding borrowings. The company will utilise ₹3.29 crore to purchase machinery and equipment The company will utilise ₹10.20 crore towards the working capital requirements of the business The company will utilise ₹4.60 crore towards general corporate purposes and issue expenses

Repayment of borrowings

42.6%

Purchase of equipment

9.6%

Working capital

30%

General corporate purposes

17.8%

1

Repayment of borrowings

The company will utilise ₹14.50 crore towards repayment of certain outstanding borrowings.

42.60%
2

Purchase of equipment

The company will utilise ₹3.29 crore to purchase machinery and equipment

9.60%
3

Working capital

The company will utilise ₹10.20 crore towards the working capital requirements of the business

30.00%
4

General corporate purposes

The company will utilise ₹4.60 crore towards general corporate purposes and issue expenses

17.80%

IPO Subscription Status

NII
2.03x
Total
1.31x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Narmadesh Brass Industries

In Cr.

Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue34.2188.0579.0660.09
EBITDA6.249.3411.412.13
Expenses
Profit After Tax4.015.727.100.89
Assets63.1059.6646.6822.00
Net Worth22.4611.455.738.30
Reserves23.3012.696.97
Borrowing19.2124.7322.435.94

Contact Details

Narmadesh Brass Industries

Plot No. 5, 8 & 9 Survey No. 433, Shree Ganesh Industrial Hub Changa Village Jamnagar, Gujarat, 361012

+9102895299401
info@narmadeshbrass.com
https://www.narmadeshbrass.com/

Registrar Contact Details

Kfin Technologies Ltd.

04067162222
narmadesh.ipo@kfintech.com
https://ipostatus.kfintech.com/

Narmadesh Brass Industries IPO - FAQs

Narmadesh Brass Industries IPO is a SME IPO. The issue is priced at ₹515 per equity share. The minimum order quantity is 480 Shares. The IPO opens on 12 Jan, and closes on 16 Jan. Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.









IPO Timeline

  • Pre Apply2026-01-09
  • Bidding Starts2026-01-12
  • Bidding Ends2026-01-16
  • Allotment Finalisation2026-01-19
  • Release of Funds2026-01-20
  • Demat Transfer2026-01-20
  • Listing2026-01-21