The Narmadesh Brass Industries IPO opened on 12 January 2025. It will close on 15 January 2025. The Total IPO Size is 45 Crores.
Narmadesh Brass Industries has set its IPO price at 515 Rs per share. They divided IPO into three general categories: 1) QIB, 2) Retail 3) NII.
Narmadesh Brass Industries is engaged in manufacturing diverse range of brass products catering to both domestic and international market.
They are engaged in manufacturing following categories of brass products
Brass Valves, Brass Rods, Brass Billets, Brass Sanitary and Plumbing Fittings, Other Brass Components/Products
They operates through one manufacturing facility located in plot no 5, 8 & 9 at Jamnagar, Gujarat.
Check:- Upcoming SME IPO 2025
Narmadesh Brass Industries IPO Promoter Holding
M/s. Sprayking Limited, Mr. Hitesh Dudhagara and Mrs. Ronak Dudhagara are the Promoters of the company.
Narmadesh Brass Industries IPO Date, Details & Price Band
| IPO Opening Dates | 12-January-2025 |
| IPO Closing Dates | 15-January-2025 |
| Price Band | 515 Rs |
| Fresh Issue | 36.09 crore |
| Offer for sale | 8.78 crore |
| Total IPO size | 44.87 crore |
| Face Value | 10 INR Per Share |
| Listing On | BSE SME |
| Market Cap | 159.69 Cr |
Narmadesh Brass Industries IPO Market Lot
The Narmadesh Brass Industries IPO minimum market lot is 480 shares with a 2,47,200 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 2 | 480 | 2,47,200 Rs |
| Retail Maximum | 2 | 480 | 2,47,200 Rs |
| HNI (Min) | 3 | 720 | 3,70,800 Rs |
Narmadesh Brass Industries IPO: Object of the Issue
1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings
2. Purchase of machinery and equipment
3. Funding Working capital requirements
4. General Corporate Purposes
Restated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Sep-25 | 63.10 | 34.21 | 4.01 |
| 31-Mar-25 | 59.66 | 88.05 | 5.72 |
| 31-Mar-24 | 46.68 | 79.06 | 7.10 |
Narmadesh Brass Industries IPO GMP Grey Market Premium
Narmadesh Brass Industries’s IPO GMP (Grey Market Premium) has started today. Check the Latest Narmadesh Brass Industries IPO GMP Grey Market Premium, Kostak Rates, and Subject to Sauda Price here.
Narmadesh Brass Industries IPO Prospectus
| DRHP | Download |
| Final Prospectus | Download |
Narmadesh Brass Industries IPO Form Download
Narmadesh Brass Industries IPO is available on the BSE Website as well as on our Portal. Please click here, Narmadesh Brass Industries IPO Form Download.
Narmadesh Brass Industries IPO Allotment Date & Details
| Allotment Date | 16-Jan-2025 |
| Initiation of refunds | 19-Jan-2025 |
| Transfer of shares to Demat accounts | 19-Jan-2025 |
| Listing Date | 20-Jan-2025 |
| Check Allotment Status | Click here |
Registrar of Narmadesh Brass Industries IPO
KFIN TECHNOLOGIES LIMITED
Selenium, Tower-B, Plot No 31 & 32,Financial District, Nanakramguda,
Serilingampally, Hyderabad, Telangana India – 500 032.
Tel No.: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Investor Grievance Email: [email protected]
Contact Person: Mr. M Murli Krishna
SEBI Registration No. INR000000221
Narmadesh Brass Industries Contact Details
Narmadesh Brass Industries Ltd. Address
Plot No. 5, 8
Survey No. 433, Shree Ganesh Industrial Hub
Changa Village
Jamnagar, Gujarat, 361012
Narmadesh Brass Industries IPO Lead Managers
ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg
Fort, Mumbai – 400 001.
Tel No.: +91 22 6216 6999
Email: [email protected]
Website: www.afsl.co.in
Investor Grievance Email: [email protected]
Contact Person: Vatsal Ganatra
SEBI Registration No. INM000011344
