31 Mar 2023
Assets22.00
Total Income60.09
EBITDA2.13
Profit After Tax0.89
NET Worth8.30
Total Borrowing5.94
At a glance
Updated 2026-08-24Narmadesh Brass Industries is a SME IPO with an issue size of ₹44.87 crore, proposed for listing on BSE SME. The offer opens on 12th Jan 2026 and closes on 16th Jan 2026. The issue structure includes a fresh issue of ₹33.74 crore and an offer-for-sale component of ₹8.78 crore.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹44.87 Cr
Fresh issue₹33.74 Cr
Offer for sale₹8.78 Cr
Face value₹10
Price band—–—
Allotment19th Jan 2026
Listing21st Jan 2026
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹515.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens12th Jan 2026
Closes16th Jan 2026
Allotment19th Jan 2026
Refund20th Jan 2026
Demat20th Jan 2026
Listing21st Jan 2026
Subscription demand
Full bidding ↗Total1.25×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 480 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/ prepayment, in full or in part, of certain outstanding borrowings | ₹14.50 Cr |
| Purchase of machinery and equipment | ₹3.29 Cr |
| Funding working capital requirements of the Company | ₹10.20 Cr |
| General Corporate Purposes | ₹4.60 Cr |
| Issue expenses | ₹4.31 Cr |
| Total | ₹36.90 Cr |
Financials
Full financials ↗31 Mar 2024
Assets46.68
Total Income79.06
EBITDA11.41
Profit After Tax7.10
NET Worth5.73
Reserves and Surplus6.97
Total Borrowing22.43
31 Mar 2025
Assets59.66
Total Income88.05
EBITDA9.34
Profit After Tax5.72
NET Worth11.45
Reserves and Surplus12.69
Total Borrowing24.73
30 Sep 2025
Assets63.10
Total Income34.21
EBITDA6.24
Profit After Tax4.01
NET Worth22.46
Reserves and Surplus23.30
Total Borrowing19.21
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 | Sep 30, 2025 |
|---|---|---|
| ROE | 49.99% | 17.86% |
| ROCE | 23.29% | 13.31% |
| RoNW | 49.99% | 17.86% |
| PAT Margin | 6.52% | 11.74% |
| EBITDA Margin | 10.64% | 18.26% |
| Price to Book Value | 5.5 |
Valuation & shareholding
Pre-IPO EPS26.23
Post-IPO EPS25.87
Pre-IPO P/E19.63
Post-IPO P/E19.9
Promoter holding pre99.92%
Promoter holding post71.84%
Market cap₹159.69 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Repayment/ prepayment, in full or in part, of certain outstanding borrowings | ₹14.50 Cr |
| Purchase of machinery and equipment | ₹3.29 Cr |
| Funding working capital requirements of the Company | ₹10.20 Cr |
| General Corporate Purposes | ₹4.60 Cr |
| Issue expenses | ₹4.31 Cr |
| Total | ₹36.90 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Aryaman Financial Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.