IPO market

Narmadesh Brass Industries IPO is a SME 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. 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, , and listing in one place.
Live IPO subscription for Narmadesh Brass Industries IPO across categories. Total demand ₹3.73 L vs offered ₹8.26 L.
Official documents:DRHP.
| Category | Offered | Placed | Times |
|---|---|---|---|
| NII | 4,12,800 | 4,15,440 | 2.01 |
| Retail | 4,12,800 | 1,28,160 | 0.31 |
| Total | 8,25,600 | 3,72,960 | 0.45 |
| Category | Offered | Placed | Times |
|---|---|---|---|
| HNI (>10L) | 1,145 | 10 | 0.01 |
| HNI (3-10L) | 573 | 260 | 0.45 |
| Retail | 860 | 267 | 0.31 |
| Total | 2,578 | 537 | 0.21 |
How to read QIB / NII / Retail demand and what it implies.