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Narmadesh Brass Industries

Narmadesh Brass Industries

Open Date

12 Jan 2026

Close Date

16 Jan 2026

listed

Min Investment

₹247200

Lot Size

480 Shares

Issue Size

₹44.87 Cr

Price Range

₹515 - ₹515

Listing Date

Jan 21, 2026

IPO Doc

RHP PDF

About Narmadesh Brass Industries

Narmadesh Brass Industries Ltd. is an upscale brass production unit located at Jamnagar in Gujarat.The company’s production facility is of 6,293 m² size and is located in Plot Nos. 5, 8, & 9, Shree Ganesh Industrial Hub, Jamnagar, which is known for being the “Brass City” of India because of the high concentration of brass manufacturers in this city.Narmadesh deals with the manufacture of a range of brass products, both for the local and export markets. They specialize in:Brass BilletsBrass RodsBrass Valves (including Ball Valves, NRVs)Plumbing & Sanitary Fittings (including lead-free)Agricultural Sprayer Parts and Garden FittingsCustomization through Casting, Forging, Turning, CNC, and VMC machined components.Their in-house facilities mean they have strict control over quality, right from production to dispatch.The company is ISO 9001:2015 certified for its Quality Management System with high adherence to international quality standards.This spans its skills in casting and forging processes undertaken by the same facility.The company had contracted a total of 81 contract labourers as of September 30, 2025, to facilitate their manufacturing activities.

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0GMP

Narmadesh Brass Industries IPO - Issue Objectives

The company will utilise ₹14.50 crore towards repayment of certain outstanding borrowings. The company will utilise ₹3.29 crore to purchase machinery and equipment The company will utilise ₹10.20 crore towards the working capital requirements of the business The company will utilise ₹4.60 crore towards general corporate purposes and issue expenses

Repayment of borrowings

42.6%

Purchase of equipment

9.6%

Working capital

30%

General corporate purposes

17.8%

1

Repayment of borrowings

The company will utilise ₹14.50 crore towards repayment of certain outstanding borrowings.

42.60%
2

Purchase of equipment

The company will utilise ₹3.29 crore to purchase machinery and equipment

9.60%
3

Working capital

The company will utilise ₹10.20 crore towards the working capital requirements of the business

30.00%
4

General corporate purposes

The company will utilise ₹4.60 crore towards general corporate purposes and issue expenses

17.80%

IPO Subscription Status

Retails
0.44x
QIB
0.00x
NII
1.88x

Financials of Narmadesh Brass Industries

In Cr.

Revenue: ₹34.21

EBITDA: ₹6.24

Profit: ₹4.01

Total Income
EBITDA
Total Profit
Negative Value
Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue34.2188.0579.0660.09
EBITDA6.249.3411.412.13
Expenses
Profit After Tax4.015.727.100.89
Assets63.1059.6646.6822.00
Net Worth22.4611.455.738.30
Reserves23.3012.696.97
Borrowing19.2124.7322.435.94

Contact Details

Narmadesh Brass Industries

Plot No. 5, 8 & 9 Survey No. 433, Shree Ganesh Industrial Hub Changa Village Jamnagar, Gujarat, 361012

Registrar Contact Details

Narmadesh Brass Industries IPO - FAQs

Narmadesh Brass Industries IPO is a SME IPO. The issue is priced at ₹515 per equity share. The minimum order quantity is 480 Shares. The IPO opens on 12 Jan, and closes on 16 Jan. Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.

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