narmadesh brass industries limited IPO
IPO Overview
Narmadesh brass industries limited IPO is a SME public issue offered through a Fixed Price issue with a total issue size of ₹45 Cr. The IPO price band is set at ₹515 per share, and retail investors can apply with a minimum investment of ₹2.47 L as per IPO guidelines.
The Narmadesh brass industries limited IPO opens on 12 Jan 2026 and closes on 16 Jan 2026. The IPO allotment is expected to be finalized on 19 Jan 2026, and the equity shares are proposed to be listed on BSE on 21 Jan 2026.
Investors can refer to the Narmadesh brass industries limited IPO RHP-DRHP for detailed information. The issue is managed by Aryaman Financial Services Ltd as the book running lead manager, while Kfin Technologies Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
The company’s manufacturing facility spans 6,293 m², situated at Plot Nos. 5, 8 & 9 in the Shree Ganesh Industrial Hub, Jamnagar – a city renowned as India’s “Brass City” due to its dense concentration of brass producers.
Narmadesh specializes in producing a wide variety of brass products for both domestic and export markets. Their portfolio includes:
Brass Billets
Brass Rods
Brass Valves (including ball valves and NRVs)
Plumbing and Sanitary Fittings (including lead-free options)
Agricultural Sprayer Parts and Garden Fittings
Customization via Casting, Forging, Turning, CNC & VMC Machined Components.
Their in-house processes ensure tight control over quality, from production to dispatch.
The company holds ISO 9001:2015 certification for its Quality Management System, reflecting strong adherence to international quality benchmarks.
This includes its capabilities in casting and forging operations, all executed within the same premises.
As of September 30, 2025, the firm employed 81 contract labourers to support its manufacturing operations.
Investment Objective
2 Purchase of machinery and equipment
3 Funding Working capital requirements
4 General Corporate Purpose