Narmadesh Brass Industries IPO — Listing Performance
Narmadesh Brass Industries IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 12-Jan-2026 |
| Listing date | 21-Jan-2026 |
| Issue size | ₹42.52 crore |
| Overall subscription | 1.25x |
| Issue price | ₹515 |
| Listing-day close | ₹470.25 (-8.69%) |
| Recent market price | ₹314 (-39.03% vs issue) |
| 52-week range | ₹150 – ₹495 |
| Identifiers | BSE code: 544680 · ISIN: INE0S1B01014 |
How the listing went
Narmadesh Brass Industries listed at a discount, closing its first day 8.69% below the issue price, on tepid subscription of 1.25x.