Narmadesh Brass Industries SME IPO Review
Narmadesh Brass Industries SME IPO has been reviewed by 2 analysts, and the overall consensus is Avoid — carrying a score of 30. Out of the 2 analysts who have covered this IPO, 0 recommend subscribing while 2 advise caution or avoidance — reflecting a cautious view from the analyst community.
The issue is priced in the band of ₹₹515 per share, with a minimum application size of 480 shares. Subscription ran from 12 Jan 2026 to 16 Jan 2026. Scroll down for the full analyst breakdown and analyst-wise verdicts.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Analyst verdict & score
One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated
Higher consensus indicates broader analyst agreement.
Detailed review
What the analyst reports say, grouped by the question you're likely asking.
General review
Narmadesh Brass Industries IPO price is ₹515 per share. The lot size for an application is 240. The minimum amount of investment required by an individual investor (retail) is ₹2,47,200 (480 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (720 shares), amounting to ₹3,70,800.
How this is written: an AI-assisted summary of the 2 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.
Analyst reviews
Ordered by each analyst's track record over the past year; analysts still building one are listed last.
Latest IPO reviews
How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.
Frequently asked
Should I apply for Narmadesh Brass Industries SME IPO?
The analyst consensus for Narmadesh Brass Industries SME IPO tracked on this page is Avoid, with a score of 30/100. Out of 2 analysts who have reviewed this IPO, 0 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.
What does the score of 30 mean for Narmadesh Brass Industries SME IPO?
The score of 30 is an aggregate of all analyst ratings tracked for Narmadesh Brass Industries SME IPO. A score in this range signals that most analysts are advising caution or outright avoidance. Read the individual analyst verdicts above for more context.
What was the actual listing price of Narmadesh Brass Industries SME IPO?
Narmadesh Brass Industries SME IPO listed on January 21, 2026 at ₹495, against the issue price of ₹515 — a loss of -3.88% (₹20 per share). View the full GMP history page for day-wise pre-listing trends.
What is the price band and lot size of Narmadesh Brass Industries SME IPO?
Narmadesh Brass Industries SME IPO was priced at ₹₹515 per share. The minimum lot size is 480 shares. Subscription ran from 12 Jan 2026 to 16 Jan 2026.
Explore Narmadesh Brass Industries SME IPO further
Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
Category-wise demand from QIB, NII and retail investors, updated through the day.
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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.
