Narmadesh Brass IPO Subscription Status
Narmadesh Brass IPO subscribed over 1.07x on its First day till 05.00 PM on 12th January 2026.
- Narmadesh Brass IPO subscription QIB investors’ portion is 0.00x times, while NII subscribed 1.93x times, and RII investors subscribed 0.07x times.
- The company has received bids for 8,83,200 shares against 8,25,600 shares on offer on the First day.
- Narmadesh Brass IPO was subscribed over 1.07x times on day 1.
About the Narmadesh Brass IPO
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.
Its product portfolio consists of brass rods, brass billets, agricultural sprayer parts, garden fittings, ball valves, non-return valves (NRVs), turning components and plumbing fittings, sanitary fittings, and brass compression fittings serving both domestic and global markets. Moreover, the company consists of 81 laborers as of September 2025.
Narmadesh Brass IPO GMP
Narmadesh Brass IPO GMP was ₹0 as of Monday, 12th January. That indicates the IPO is trading at ₹515 with a ₹0 premium in the grey market against the issue price of ₹515.
