Narmadesh Brass Industries IPO — Listing Performance
Narmadesh Brass Industries listed at a discount, closing its first day 8.69% below the issue price, on tepid subscription of 1.25x.
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 |
Figures are compiled from public market data and refreshed when our dataset updates. Verify against BSE/NSE records before acting on them.
How the listing went
Narmadesh Brass Industries opened for subscription on 12-Jan-2026 as a SME issue raising about ₹43 crore. The shares were priced at ₹515 and made their debut on 21-Jan-2026, closing the first session at ₹470.25 — a listing-day change of -8.69%.
As of our last data refresh the stock trades around ₹314, 39.03% below the issue price. A listing-day gain does not guarantee lasting returns — and vice versa.
Every IPO in our archive gets this same treatment: real issue data, the actual listing-day result, and where the price stands now — so you can judge how debut hype translated into outcomes. Compare more debuts on the IPO listing-performance archive or check live grey-market sentiment on the GMP board.
Narmadesh Brass Industries IPO FAQs
What was the Narmadesh Brass Industries IPO listing price?
Narmadesh Brass Industries closed at ₹470.25 on its listing day (21-Jan-2026), against an issue price of ₹515 — a listing-day change of -8.69%.
How many times was the Narmadesh Brass Industries IPO subscribed?
The issue was subscribed about 1.25 times overall.
Was the Narmadesh Brass Industries IPO profitable for allottees?
Not on listing day: the stock closed about 8.69% below the issue price. Longer-term outcomes depend on when shares were sold.