Archive · 11 Jan 2026
Narmadesh Brass Industries IPO Opens January 12, 2026
Narmadesh Brass Industries Limited is a company that makes brass products for both Indian and international markets.
They are going to have an IPO starting on January 12, 2026, to raise ₹44.86 Crores.
The money from the IPO will be used to pay off some of their loans, buy new machines, and help with their day-to-day business needs.
The shares will be listed on the BSE SME platform.
The company's managing director, Mr. Hitesh Dudhagara, is excited about this step as it will help them grow and make better products.
Aryaman Financial Services Limited is helping with the IPO, and they think the company is well-positioned to do well in the growing brass market.
Narmadesh Brass Industries Limited is opening its IPO on January 12, 2026, to raise ₹44.86 Crores.
The IPO consists of 8,71,200 equity shares at ₹515 per share, with a face value of ₹10 each.
Proceeds will be used for repaying borrowings, purchasing machinery, funding working capital, and general corporate purposes.
The IPO will be listed on the BSE SME platform and will close on January 15, 2026.
Aryaman Financial Services Limited is the lead manager, and KFIN Technologies Limited is the registrar for the IPO.
- Who
- Narmadesh Brass Industries Limited
- What
- Initial Public Offering (IPO) to raise ₹44.86 Crores
- When
- January 12-15, 2026
- Where
- BSE SME platform
- Why
- To repay borrowings, purchase machinery, fund working capital, and general corporate purposes
- Company
- Narmadesh Brass Industries Limited
- IPO Opening Date
- January 12, 2026
- IPO Closing Date
- January 15, 2026
- IPO Price per Share
- ₹515
- Total Shares Offered
- 8,71,200
- Face Value per Share
- ₹10
- Listing Platform
- BSE SME
- Lead Manager
- Aryaman Financial Services Limited
- Registrar
- KFIN Technologies Limited
