Archive · 20 Jan 2026
Narmadesh Brass IPO Allotment Likely Today
Narmadesh Brass Industries is expected to finalize the allotment of its IPO shares today, January 19.
The IPO, which was open for subscription from January 12 to January 16, had a fixed price of ₹515 per share and a lot size of 240 shares.
Retail investors needed to invest a minimum of ₹2,47,200 for 480 shares.
The shares are expected to list on the BSE SME platform on January 20.
The IPO saw a tepid response from investors and is not commanding any premium in the grey market.
Investors can check their allotment status on the registrar's website or the BSE website by following specific steps.
Narmadesh Brass Industries IPO allotment is expected to be finalized on Monday, January 19.
The IPO, priced at ₹515 per share, saw a tepid response from investors.
Retail investors needed to invest a minimum of ₹2,47,200 for 480 shares.
Shares are expected to list on the BSE SME platform on Tuesday, January 20.
Investors can check their allotment status on the registrar's website or the BSE website.
- Who
- Narmadesh Brass Industries
- What
- IPO allotment
- When
- Monday, January 19
- Where
- BSE SME platform
- Why
- To finalize the allotment of shares to investors
- IPO Issue Size
- ₹44.87 crore
- IPO Price
- ₹515 per share
- Application Lot Size
- 240 shares
- Minimum Investment for Retail Investors
- ₹2,47,200 for 480 shares
- Expected Listing Date
- Tuesday, January 20
- Listing Platform
- BSE SME
- Registrar
- KFin Technologies Limited
- IPO Subscription Period
- January 12 to January 16
