Narmadesh Brass Industries IPO Subscription Status
The Narmadesh Brass Industries IPO has been subscribed 1.31x times overall. Retail investors have shown interest with bids for 0.44x the shares available. The Non-Institutional Investor (NII) category has been subscribed 2.03x. Qualified Institutional Buyers (QIBs) have subscribed 1.27x. Data last updated on 09 Apr, 05:53 PM.
The IPO subscription period has ended. The issue opened on 12 Jan, 2026 and closes on 16 Jan, 2026. The shares are expected to list on stock exchanges on 21 Jan, 2026.
Table of Contents
Live Bidding
| Category | Offered | Applied | Bid Details | TIMES |
|---|---|---|---|---|
|
QIB
|
45,600 | 58,080 |
58,080
of 45,600
|
1.27x |
|
NII
|
4,12,800 | 8,37,120 |
8,37,120
of 4,12,800
|
2.03x |
|
Retail
|
4,12,800 | 1,82,880 |
1,82,880
of 4,12,800
|
0.44x |
| TOTAL | 8,25,600 | 10,78,080 |
10,78,080
-
|
1.31x |
Last Updated: 09 Apr 2026, 05:53 PM
Retail Allotment
Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.
Day-wise Subscription History
Subscription trends over the last 8 days
| Date | Total | ||
|---|---|---|---|
|
24 Feb 2026
DAY 8
|
1.31x
|
||
|
QIB
1.27x
NII
2.03x
Retail
0.44x
|
|||
|
06 Feb 2026
DAY 7
|
1.31x
|
||
|
QIB
1.27x
NII
2.03x
Retail
0.44x
|
|||
|
22 Jan 2026
DAY 6
|
-
|
||
|
QIB
-x
NII
-x
Retail
-x
|
|||
|
16 Jan 2026
DAY 5
|
1.25x
|
||
|
QIB
00.00x
NII
1.92x
Retail
0.44x
|
|||
|
15 Jan 2026
DAY 4
|
1.25x
|
||
|
QIB
00.00x
NII
1.92x
Retail
0.44x
|
|||
|
14 Jan 2026
DAY 3
|
1.13x
|
||
|
QIB
00.00x
NII
1.90x
Retail
0.22x
|
|||
|
13 Jan 2026
DAY 2
|
1.07x
|
||
|
QIB
00.00x
NII
1.84x
Retail
0.16x
|
|||
|
12 Jan 2026
DAY 1
|
1.07x
|
||
|
QIB
00.00x
NII
1.93x
Retail
0.07x
|
|||
IPO Guru on Android
Get live GMP alerts, subscription updates, and allotment status directly on your phone. Fast, Free, and Secure.
Narmadesh Brass Industries IPO Allotment Probability
Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change until subscription closes. This is not investment advice.
What Does This Subscription Data Mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.
Frequently Asked Questions
What is the current subscription status of Narmadesh Brass Industries IPO?
As of IPO close date (16 Jan, 2026), the Narmadesh Brass Industries IPO is subscribed 1.31x times. Retail category is 0.44x, and NII is 2.03x subscribed.
When is the allotment date for Narmadesh Brass Industries IPO?
The allotment for Narmadesh Brass Industries IPO is expected to be finalized on 19 January, 2026.
When will Narmadesh Brass Industries IPO list on the stock market?
Narmadesh Brass Industries is scheduled to list on BSE and NSE on 21 January, 2026.
What are the chances of getting allotment in Narmadesh Brass Industries IPO?
The retail category is currently undersubscribed at 0.44x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.
What does QIB subscription of 1.27x mean for Narmadesh Brass Industries IPO?
Moderate — QIBs have subscribed 1.27x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Narmadesh Brass Industries IPO allotment status?
After the allotment date (19 Jan, 2026), you can check your Narmadesh Brass Industries IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Narmadesh Brass Industries IPO Further
Track every stage of this IPO from subscription to listing:
Discussion 0
No comments yet
Be the first to share your thoughts!