Narmadesh Brass Industries Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on August 25, 2025 to raise funds through Initial Public Offer (IPO).
Narmadesh Brass Industries Ltd. IPO is a Fixed Price Issue of 0.09 crore equity shares consisting of a fresh issue of upto 0.07 crore equity shares and an offer for sale (OFS) of upto 0.02 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Aryaman Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Narmadesh Brass Industries IPO DRHP for more details.
IPO Date | [.] |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | |
Lot Size | |
Sale Type | Fresh Capital-cum-Offer for Sale |
Total Issue Size | 8,71,200 shares (aggregating up to ₹[.] Cr) |
Reserved for Market Maker | 45,600 shares (aggregating up to ₹[.] Cr) |
Fresh Issue (Ex Market Maker) | 6,55,200 shares (aggregating up to ₹[.] Cr) |
Offer for Sale | 1,70,400 shares of ₹10 (aggregating up to ₹[.] Cr) |
Net Offered to Public | 8,25,600 shares (aggregating up to ₹[.] Cr) |
Issue Type | Fixed Price IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 24,00,000 shares |
Share Holding Post Issue | 31,00,800 shares |
Narmadesh Brass Industries IPO offers total 8,71,200 shares. Out of which 4,12,800 (47.38%) allocated to NII, 4,12,800 (47.38%) allocated to RII.
Investor Category | Shares Offered |
---|---|
Market Maker Shares Offered | 45,600 (5.23%) |
NII (HNI) Shares Offered | 4,12,800 (47.38%) |
Retail Shares Offered | 4,12,800 (47.38%) |
Total Shares Offered | 8,71,200 (100.00%) |
Description | Date |
---|---|
Filed with SEBI/Exchange | Mon, Aug 25, 2025 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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:
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 June 30, 2025, the firm employed 66 contract labourers to support its manufacturing operations.
Narmadesh Brass Industries Ltd.'s revenue increased by 11% and profit after tax (PAT) dropped by 20% between the financial year ending with March 31, 2025 and March 31, 2024.
Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
Assets | 59.59 | 46.68 | 22.00 |
Total Income | 88.05 | 79.06 | 60.09 |
Profit After Tax | 5.67 | 7.10 | 0.89 |
EBITDA | 9.27 | 11.41 | 2.13 |
Net Worth | 11.39 | 5.73 | 8.30 |
Reserves and Surplus | 12.64 | 6.97 | |
Total Borrowing | 24.73 | 22.43 | 5.94 |
Amount in ₹ Crore |
The Company Narmadesh Brass Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
---|---|---|
1 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings | 14.50 |
2 | Purchase of machinery and equipment | 3.29 |
3 | Funding Working capital requirements | 10.20 |
4 | General Corporate Purpose |
Narmadesh Brass Industries Ltd.
Plot No. 5, 8 & 9
Survey No. 433, Shree Ganesh Industrial Hub
Changa Village
Jamnagar, Gujarat, 361012
Phone: +91 028 95299401
Email: info@narmadeshbrass.com
Website: https://www.narmadeshbrass.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://ipostatus.kfintech.com/
Narmadesh Brass Industries IPO is a SME IPO of 8,71,200 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Narmadesh Brass Industries IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Narmadesh Brass Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Narmadesh Brass Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Narmadesh Brass Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Narmadesh Brass Industries IPO dates are not announced. Please check back again after some time.
Narmadesh Brass Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Narmadesh Brass Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Narmadesh Brass Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Narmadesh Brass Industries IPO allotment status.
The Narmadesh Brass Industries IPO listing date is not yet announced. The tentative date of Narmadesh Brass Industries IPO listing is [.].
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