NB

Narmadesh Brass Industries

Fixed Price issueSMEBSE₹44.87 Cr issue
-3.88%
Listing gain over issue price
Issue size
₹44.87 Cr
1 lot at cut-off
₹1,23,600
Lot size
240shares
Open
12 Jan 2026
Close
16 Jan 2026
Allotment
19 Jan 2026
Listing
21 Jan 2026

Listing performance

Issue price
₹515
Listed at
₹495
Listing-day close
₹470.25
Latest price
₹311.2
Listing gain
-3.88%
Return since listing
-39.57%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    12 Jan 2026
  2. Close
    16 Jan 2026
  3. Allotment
    19 Jan 2026
  4. Refund
    20 Jan 2026
  5. Demat credit
    20 Jan 2026
  6. Listing
    21 Jan 2026

Grey market premium

Unofficial and indicative — not a forecast

₹0

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
21 Jan 2026₹00.00%₹0₹515₹0
20 Jan 2026₹00.00%₹0₹515₹0
19 Jan 2026₹00.00%₹0₹515₹0

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
12 Jan 2026 – 16 Jan 2026
Listing date
21 Jan 2026
Face value
₹1 per share
Issue price
₹515 per share
Lot size
240 shares
Issue type
Fixed Price issue
Listing at
BSE
Total issue size
₹44.87 Cr
Market cap at offer price
₹160 Cr
Promoter holding
99.92% → 71.84% pre-issue → post-issue
ISIN
INE0S1B01014
Registrar
Kfin Technologies Ltd.
Lead managers
Aryaman Financial Services Ltd.
Registered office
Plot No.5, 8 & 9, Survey No.433, Shree Ganesh Industrial Hub, Changa Village, Gujarat

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB0
Market maker 45,600

Application size

Minimum 240 shares per lot, in multiples, at ₹515

ApplicationLotsSharesAmount
Retail (min)1240₹1,23,600
S-HNI (min)2480₹2,47,200
S-HNI (max)81,920₹9,88,800
B-HNI (min)92,160₹11,12,400

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
0
Anchor portion
₹0 Cr
at ₹515 per share

Valuation and performance

Valuation at offer price

₹515 per share

MetricPre-issuePost-issue
EPS (₹)26.2325.87
P/E (×)19.6319.91
Market cap₹160 Cr

Key performance indicators

Latest reported period

Return on net worth
49.99%
ROCE
23.29%
PAT margin
6.52%
EBITDA margin
10.64%
NAV per share
₹57.24

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.