How to Check Narmadesh Brass Industries IPO Allotment Status

Narmadesh Brass Industries Ltd. is a modern brass manufacturing company based in Jamnagar, Gujarat.

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, and 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. As of September 30, 2025, Narmadesh Brass Industries had total assets of ₹63.10 crore.

The Narmadesh Brass Industries IPO came with a total issue size of ₹44.87 crore, comprising a fresh issue of ₹36.09 crore and an offer for sale of ₹8.78 crore. The IPO opened on January 12, 2026, and closed on January 16, 2026. The allotment is expected on Monday, January 19, 2026. The issue price was fixed at ₹515 per share.

Don’t Miss Out on the Next Big IPO – Invest With Just a Few Clicks!

Open Account Now

Steps to Check Narmadesh Brass Industries IPO Allotment Status on Registrar Site

• Visit the Kfin Technologies Ltd. 
• Select "Narmadesh Brass Industries" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Narmadesh Brass Industries IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Narmadesh Brass Industries" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Narmadesh Brass Industries IPO received modest investor interest, being subscribed 1.25 times overall. Below is the detailed subscription status as of 5:00:02 PM on January 16, 2026.

Narmadesh Brass Industries IPO Subscription Status

Category-wise Final Subscription:
Non-Institutional Investors (NII): 1.92 times
Retail Investors: 0.44 times

Narmadesh Brass Industries IPO Share Price and Investment Details

The minimum investment required was ₹2,47,200 for 2 lots (480 shares). Given the modest overall subscription of 1.25 times, with moderate NII participation and weak retail interest, the IPO’s listing expectations remain modest.

Utilisation of IPO Proceeds

The proceeds will be utilized for repayment/prepayment of borrowings amounting to ₹14.50 crore, purchase of machinery and equipment worth ₹3.29 crore, working capital requirements of ₹10.20 crore, and general corporate purposes amounting to ₹4.60 crore.

Business Overview

Narmadesh Brass Industries Limited is engaged in the manufacturing of a diverse range of brass products, catering to both domestic and export markets. While the company has shown growth in its top line, its bottom-line performance has remained inconsistent across the reported periods.

The company maintains strong financial metrics with a 49.99% ROE and operates from a well-equipped, ISO-certified manufacturing facility located in the brass-rich hub of Jamnagar. Key strengths include full process control from raw brass billet casting to finished product dispatch and an experienced promoter and management team. Investors should note the post-issue P/E ratio of 19.9 and Price to Book Value of 5.50.