Narmadesh Brass Industries SME IPO Details, Financials, Valuation & Peers
Explore Narmadesh Brass Industries SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Narmadesh Brass Industries Ltd. is a modern brass manufacturing company located in Jamnagar, Gujarat, India. The company's core business is the production of a diverse range of brass products for domestic and export markets.
Key products include Brass Billets, Brass Rods, Brass Valves, Plumbing and Sanitary Fittings, and Agricultural Sprayer Parts. Narmadesh also offers customization services through casting, forging, turning, and CNC & VMC machining.
The company's manufacturing facility spans 6,293 m² and is situated in Jamnagar, known as India’s “Brass City.”
Key highlights:
- ISO 9001:2015 Certified: Demonstrates a strong commitment to international quality standards.
- Integrated Manufacturing: Controls the entire production process from raw billet casting to finished product dispatch, ensuring quality assurance.
- Strategic Location: Benefits from its presence in Jamnagar, a major brass production hub, offering supply chain advantages.
- Diverse Product Portfolio: Caters to various sectors with a wide array of brass components.
- Customization Capabilities: Offers bespoke solutions through advanced machining processes.
IPO Docs
Objects of the Issue
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings
- Purchase of machinery and equipment
- Funding Working capital requirements
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 12 Jan - 16 Jan 2026 |
| IPO Price Band | 515.00 |
| Fresh Issue | 33.74 Cr |
| Offer For Sale | 8.78 Cr |
| Total IPO Size | 42.52 Cr |
| Face Value | 10 |
| Listing On | BSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 12 Jan 2026 |
| IPO Closing Date | 16 Jan 2026 |
| Basis Of Allotment | 19 Jan 2026 |
| Refunds | 20 Jan 2026 |
| Demat Transfer | 20 Jan 2026 |
| IPO Listing Date | 21 Jan 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 30 Sep 2025 |
|---|---|---|---|---|
| Assets | 22.00 | 46.68 | 59.66 | 63.10 |
| Total Income | 60.09 | 79.06 | 88.05 | 34.21 |
| Profit After Tax | 0.89 | 7.10 | 5.72 | 4.01 |
| EBITDA | 2.13 | 11.41 | 9.34 | 6.24 |
| NET Worth | 8.30 | 5.73 | 11.45 | 22.46 |
| Reserves and Surplus | 6.97 | 12.69 | 23.30 | |
| Total Borrowing | 5.94 | 22.43 | 24.73 | 19.21 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Siyaram Recycling Industries | 8.1 | 6.69 | 11.49% | 58.24 |
| Poojawestern Metaliks | 18.67 | 1.53 | 11.46% | 13.38 |
| Narmadesh Brass Industries | 19.63 | 26.23 | 49.99% | 57.24 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Non-Institutional Investor (NII/HNI) | 4,12,800 (47.38%) |
| Retail Individual Investor (RII) | 4,12,800 (47.38%) |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 1.93 |
| Retail Individual Investor (RII) | 0.44 |
| Total | 1.25 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Lead Managers
- 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, –361012
Website:https://www.narmadeshbrass.com/
Phone:+91 028 95299401
Email:info@narmadeshbrass.com
FAQs
- What is the issue size of the Narmadesh Brass Industries SME IPO?The Narmadesh Brass Industries SME IPO has an issue size of 42.52 Cr. This includes a fresh issue of 33.74 Cr and an offer for sale (OFS) of 8.78 Cr.
- What is the price band of the Narmadesh Brass Industries IPO?The price band for the Narmadesh Brass Industries IPO is 515.00.
- What are the bidding dates for the Narmadesh Brass Industries IPO?The Narmadesh Brass Industries IPO will open for bidding on 12 Jan 2026 and close on 16 Jan 2026.
- What is the allotment date for the Narmadesh Brass Industries IPO?The allotment date for the Narmadesh Brass Industries IPO is 19 Jan 2026.
- What is the minimum lot size and investment required for the Narmadesh Brass Industries IPO?The minimum lot size for the Narmadesh Brass Industries IPO is 240 shares and the minimum investment required is ₹1,23,600.
- What is the listing date for the Narmadesh Brass Industries IPO?The listing date for the Narmadesh Brass Industries IPO is 21 Jan 2026.
- What is the Narmadesh Brass Industries IPO grey market premium?The grey market premium (GMP) for the Narmadesh Brass Industries IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.