IPO market

Narmadesh Brass Industries IPO is a SME fixed price IPO. Issue size is ₹45 Cr. Price band is ₹515 per share. Minimum investment is ₹2.47 L. Lot size is 240 shares. Open from 12 Jan 2026 to 16 Jan 2026. Allotment on 19 Jan 2026. Listing on 21 Jan 2026 at BSE. Managed by Aryaman Financial Services Ltd Registrar: Kfin Technologies Limited. Key details for GMP, subscription, price, allotment, and listing in one place.
Price band and lot size for Narmadesh Brass Industries IPO. Price band is ₹515 per share. Face value is 10. Lot size is 240 shares. Minimum retail investment from ₹2.47 L.
Official documents:DRHP.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 480 | ₹2,47,200 |
| S-HNI (Min) | 3 | 720 | ₹3,70,800 |
| S-HNI (UPI) | 4 | 960 | ₹4,94,400 |
| S-HNI (Max) | 8 | 1,920 | ₹9,88,800 |
| B-HNI (Min) | 9 | 2,160 | ₹11,12,400 |
Pre-filled: Issue Price = ₹515, Lot Size = 240 shares, Listing Price = ₹495
| Category | Lots | Investment | At listing | Profit |
|---|---|---|---|---|
| Retail (Min) | 2 | ₹2,47,200 | ₹495 | -₹9,600 |
| S-HNI (Min) | 3 | ₹3,70,800 | ₹495 | -₹14,400 |
| S-HNI (UPI) | 4 | ₹4,94,400 | ₹495 | -₹19,200 |
| S-HNI (Max) | 8 | ₹9,88,800 | ₹495 | -₹38,400 |
| B-HNI (Min) | 9 | ₹11,12,400 | ₹495 | -₹43,200 |
Profit based on the official listing price for each investor category.
Price band, lot size, and minimum investment—explained.