BSE List Price : ₹495.00

subscription

Category	Times
QIBs	0.00x
HNIs	2.03x
Retail	0.44x
Total : 1.31x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	480	₹247,200
Retail Maximum	2	480	₹247,200
S-HNI Minimum	3	720	₹370,800

About the Company

Narmadesh Brass Industries Limited is engaged in the manufacturing of a diverse range of brass products. The company operates its manufacturing facilities at Plot Nos. 5, 8, and 9 in Jamnagar, Gujarat, covering a total area of 6,293.03 square metres. Its production capacity includes up to 4,320 metric tonnes (MT) per annum each of brass billets and brass rods, along with 1,600 MT per annum of brass components.

The company’s product portfolio comprises brass rods and billets, agricultural sprayer components, garden fittings, ball valves, non-return valves (NRVs), turning components, plumbing and sanitary fittings, as well as brass compression fittings, catering to both domestic and international markets. As of September 2025, the company employed a workforce of 81 labourers..

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2023	₹60.09	₹58.92	₹0.89	₹22.00
2024	₹79.06	₹69.38	₹7.10	₹46.68
2025	₹88.05	₹80.92	₹5.72	₹59.66
September 2025	₹34.21	₹29.37	₹4.01	₹63.10

Company Promoter

M/s. Sprayking Limited

Mr. Hitesh Dudhagara

Mrs. Ronak Dudhagara

Know before investing

• • Strengths

  End-to-end manufacturing capabilities: The company runs a fully integrated brass production facility with in-house manufacturing of brass rods, billets, and components, allowing greater flexibility in product mix, customization, quality assurance, and margin efficiency.

  Promoter-driven experienced leadership: The company is managed by seasoned promoters with more than 20 years of industry experience, offering robust operational expertise and clear strategic guidance.

• • Risks

  Capital expenditure execution risk: The company has not finalised binding orders for the proposed plant and machinery. Any delays, quotation lapses, rising input costs, or foreign exchange fluctuations could lead to higher expenses or installation delays, potentially impacting expansion timelines and operational performance.

  On-demand promoter loan risk: The company has unsecured borrowings from promoters and directors that are repayable at call. Any unexpected demand for repayment could pressure cash flows and adversely affect financial stability.

Objects of the Issue & Utilisation of proceeds

Repayment/ prepayment, in full or in part, of certain outstanding borrowings.
Purchase of machinery and equipment.
Funding Working capital requirements.
General Corporate Purpose.

Company  Address

Narmadesh Brass Industries Ltd.
Plot No. 5, 8 & 9
Survey No. 433, Shree Ganesh Industrial Hub
Changa Village
Jamnagar, Gujarat, 361012
Phone: +91 028 95299401
Email: info@narmadeshbrass.com
Website: https://www.narmadeshbrass.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://ipostatus.kfintech.com/

IPO Review

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