The Narmadesh Brass Industries IPO is a BSE SME fixed price public issue comprising a combination of fresh issue and offer for sale (OFS) with a total size of ₹44.87 crore. The IPO opened for subscription on January 12, 2026 and closed on January 15, 2026. Investors who applied during the IPO period are now awaiting the allotment results.
🔍 Narmadesh Brass Industries IPO Allotment Status
The Narmadesh Brass Industries IPO allotment is expected to be finalized on Friday, January 16, 2026. Once the basis of allotment is completed, applicants can check their allotment status through the official registrar’s website.
Status: ALLOTMENT PENDING / UPCOMING
Refund initiation and credit of shares to demat accounts are expected on January 19, 2026. The equity shares are scheduled to list on the BSE SME platform on January 20, 2026.
📌 Narmadesh Brass Industries IPO Details
- Issue Size: ₹44.87 crore
- Issue Price: ₹515 per share (Fixed)
- Lot Size: 240 shares
- Minimum Retail Investment: ₹2,47,200
- Face Value: ₹10 per share
- Issue Type: Fixed Price IPO (SME)
- Listing: BSE SME
- Registrar: KFin Technologies Ltd.
📅 IPO Timeline
| IPO Open Date | Jan 12, 2026 |
| IPO Close Date | Jan 15, 2026 |
| Allotment Date | Jan 16, 2026 |
| Refunds / Demat Credit | Jan 19, 2026 |
| Listing Date | Jan 20, 2026 |
🏢 About Narmadesh Brass Industries Ltd.
Narmadesh Brass Industries Limited is a modern brass manufacturing company based in Jamnagar, Gujarat, widely known as India’s “Brass City”. The company operates a fully integrated manufacturing facility and specialises in producing brass billets, rods, valves, plumbing and sanitary fittings, agricultural sprayer parts, and customised machined components.
With complete in-house capabilities including casting, forging, CNC and VMC machining, and ISO 9001:2015 certified quality systems, the company maintains end-to-end process control. Backed by experienced promoters and strong operating metrics, Narmadesh Brass Industries has generated notable interest among SME IPO investors.
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