ListedSMEMetal - FerrousNARMADESH

Narmadesh Brass Industries IPO

Narmadesh Brass Industries IPO is a sme IPO raising ₹45 Cr at a fixed price of ₹515 a share. It listed on 21 Jan 2026 and trades at ₹309 today, −40.0% against its issue price of ₹515. It was subscribed 0.00× in total.

515
Issue price
309
Price now
−40.0%
Since issue price
21 Jan 2026
Listed on
0.00×Subscribed (final) · all exchanges

No bids yet

populated partly populated we hold nothing here — the tab says why

How its cohort has done

54 SME issues listed in 2026 that we can price today. This is the group this issue belongs to.

+1.3%
Median return since issue price
46.3%
Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits
How demand built over timeOnly one reading so far; the series builds as bidding runs
Price-point demand curveLive only — NSE stops serving this once bidding closes
Lead managers and registrarNot published — smaller SME issues often name none
Official documentsNo prospectus or exchange filings are available for this issue
Performance since listingComputed from our own daily closes

What happens when

9 Jan 2026Pre-apply opens
12 Jan 2026Bidding opens
16 Jan 2026Bidding closes
20 Jan 2026Allotment finalised — you find out what you got
20 Jan 2026Money refunded to unsuccessful bidders
21 Jan 2026Shares list and start trading
27 Feb 2026UPI mandate expires

Track Narmadesh Brass Industries Lim

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

Open the company page

Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.