SmeNSECLOSED

Narmadesh Brass IPO

₹515 – ₹515 · Issue Size ₹45 Cr

IPO Overview

StatusClosed
Price Band₹515 – ₹515
Issue Size₹45 Cr
Lot Size480 shares
Min Investment₹2,47,200
Face Value₹10
Issue Structure
Fresh Issue₹36 Cr
Offer for Sale₹1,70,400 Cr
Total Size₹45 Cr

Business Model

Competitive Advantages
  • Well Equipped manufacturing facility
  • We currently operate through one brass products manufacturing facility. The integrated nature of our manufacturing
  • Brass Valves. We believe that integration practices in our production process from Brass Rods to Brass Billets and various

IPO Timeline

Open Date12 Jan 2026
Close Date16 Jan 2026
Allotment19 Jan 2026
Refund20 Jan 2026
Credit to Demat20 Jan 2026
Listing Date21 Jan 2026

Objects of the Issue

The Offer comprises of Fresh Issue by the company and an Offer for Sale by the Promoters Selling Shareholders. The Offer for Sale The selling shareholder proposes to sell an aggregate of 1,70,400 Equity Shares of Face Value of ₹10 each held by them, aggregating ₹ 878 lakhs. the company will not receive any proceeds of the Offer for Sale by the Selling Shareholders and the proceeds received from the Offer for Sale will not form part of the Net Proceeds.

Strengths & Weaknesses

Strengths

  • Well Equipped manufacturing facility
  • We currently operate through one brass products manufacturing facility. The integrated nature of our manufacturing
  • Brass Valves. We believe that integration practices in our production process from Brass Rods to Brass Billets and various

Management & Promoters

H
Hitesh DudhagaraManaging Director
S
Sprayking AgroExecutive Director
N
Narmadeshwar MetalExecutive Director
R
Ronak DudhagaraExecutive Director
S
Since IncorporationExecutive Director
K
Krish DudhagaraNon Executive Director
V
Vishal PansaraNon-Executive Independent Director
N
Nikhil MalpaniNon-Executive Independent Director
I
Integrity InfrabuildDIRECTOR
N
NAPS Global IndiaDIRECTOR

Shareholding Pattern

Pre-IPO
Category%
Promoters0.72%

Peer Comparison

CompanyP/EEPS
Narmadesh Brass IPO
Fort Mumbai –1.0x
Selenium Tower-B Plot No & Financial District Nanakramguda31.0x
Serilingampally Hyderabad Telangana India -32.0x

Pre-IPO Financials

PeriodRevenue (Cr)PAT (Cr)Net Worth (Cr)Total Assets (Cr)
September 2025₹9.45 Cr₹9.45 Cr₹0.23 Cr
March 2025₹3.73 Cr₹3.73 Cr₹0.37 Cr
March 2024₹6.6 Cr₹4.01 Cr₹0.11 Cr
October 2023₹3.24 Cr₹5.72 Cr₹-0.37 Cr
March 2023₹3.24 Cr₹3.73 Cr₹2.31 Cr

About

Narmadesh Brass Industries Limited has been involved in the manufacturing of a wide range of brass products. The company runs its operations through its manufacturing located in plot no. 5, 8 & 9 at Jamnagar, Gujarat, spanning 6,293.03 sq.mtr. Its manufacturing facilities are capable of producing up to 4,320 metric tonnes (MT) of brass billets per year, 4,320 MT of brass rods per year, and 1,600 MT of brass components per year. It’s product portfolio consists of brass rods, brass billets, agricu

ExchangeNSE
Issue Typesme
Face Value10 per share

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