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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Narmadesh Brass Industries Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹515
Per ShareLot Size
240 Shares
Minimum Investment
₹1,23,600
Issue Size
₹44.87 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50%
QIB Quota
0%
NII Quota
50%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.92%
Promoter Holding (Post-Issue)
71.82%
Issue Type
Fixed Price - SME
ISIN
INE0S1B01014
Narmada Brass Industries Limited manufactures brass products for domestic and international markets. Operating from an ISO 9001:2015 certified facility in Jamnagar, it produces billets, rods, and components, offering casting and forging services with a total annual capacity of 10,240 MT.
Global growth is projected at 3.3% for 2025-2026, below the historical average. Inflation is expected to ease gradually. Risks remain, especially outside the U.S., requiring careful policy balancing, structural reforms, and stronger international cooperation to support stability and growth.
The Company was originally formed as a partnership firm under the Indian Partnership Act, 1932 with the registrar of firm Jamnagar vide Registration No. GUJRJ202456 in the name and style of "Narmada Brass Industries", pursuant to a deed of partnership entered on August 29, 2019. Further the Partnership Firm "Narmada Brass industries" was converted into Public Limited Company "Narmadesh Brass Industries Limited" pursuant to Part I of chapter XXI of the Companies Act, 2013 vide Certificate of Incorporation dated October 30, 2023 by Registrar of Companies, Central Registration Centre. The Corporate Identification Number of the Company is U24209GJ2023PLC145839.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 8,71,200 equity shares of face value of Rs. 10/- each ("Equity Shares") of Narmadesh Brass Industries Limited ("The Company" or "The Issuer Company") for cash at a price Rs. 515 per equity share ("The Offer Price") aggregating to Rs. 44.87 crores, the offer consisting of fresh issue of 7,00,800 equity shares aggregating to Rs. 36.09 crores ("Fresh Issue") and an offer for sale of 1,70,400 equity shares by the selling shareholder aggregating to Rs. 8.78 crores (The "Selling Shareholder") (The "Offer for Sale", and Together With the Fresh Issue, the "Offer"), of which 45,600 equity shares of face value of Rs. 10/- each for a cash price of Rs. 515 per equity share, aggregating to Rs. 2.35 crores will be reserved for subscription by market maker ( The "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 8,25,600 equity shares of face value of Rs. 10/- each at an offer price of Rs.515 /- per equity share aggregating to Rs. 42.52 crores ( Is Hereinafter Referred to as The "Net Offer"). The offer and net offer will constitute 28.10% and 26.63%, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 515 per equity share of face value Rs.10/- each. The floor price is 51.5 times of the face value of the equity shares. Bids can be made for a minimum of 480 equity shares and in multiples of 240 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.