Narmadesh Brass SME IPO
Alloted
No company information available
Issue Price
515
Current GMP
₹0 (0.00%)
Overall Subscription
1.31x
Issue Size
₹42.52 Cr
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Live Subscription by Application
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| Other | 573 | 272 | 0.47x |
QIB | - | 1 | - |
FII | - | 0 | - |
DFI | - | 0 | - |
MF | - | 0 | - |
Other | - | 1 | - |
NII | - | 271 | - |
bNII | - | 127 | - |
sNII | - | 144 | - |
| IND | 860 | 381 | 0.44x |
Fixed price | - | 381 | - |
| Total | 1,433 | 653 | 0.46x |
Live Subscription by Shares
| Category | Shares Offered | Shares Applied | Subscription |
|---|---|---|---|
| Other | 4.13 L | 8.95 L | 2.17x |
QIB | - | 58.08K | - |
FII | - | 0 | - |
DFI | - | 0 | - |
MF | - | 0 | - |
Other | - | 58.08K | - |
NII | - | 8.37 L | - |
bNII | - | 6.46 L | - |
sNII | - | 1.91 L | - |
| IND | 4.13 L | 1.83 L | 0.44x |
Fixed price | - | 1.83 L | - |
| Total | 8.26 L | 10.78 L | 1.31x |
Subscription Summary
Other
Shares Applied:2.17x
Applications Offered:0.47x
IND
Shares Applied:0.44x
Applications Offered:0.44x
Quick Stats
Total Categories2
IPO TypeSME
StatusAllotment Out
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Join NowData Last Updated
19 Jan 2026, 01:07 pm
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Understanding Subscription Categories
QIB
Qualified Institutional Buyers
Includes FII, DFI, Mutual Funds, and other qualified institutions.
NII
Non-Institutional Investors
High net-worth individuals: bNII (₹10L+) and sNII (₹2L-₹10L).
IND
Individual Investors
Individual investors in SME IPOs up to ₹2 lakh.
Frequently Asked Questions
What is the current subscription status of Narmadesh Brass SME?
The current overall subscription for Narmadesh Brass SME is 1.31x. This indicates the total demand relative to the shares offered. Higher subscription typically suggests strong investor interest.
How to check Narmadesh Brass SME subscription status?
You can check Narmadesh Brass SME subscription status on IPOwiz, BSE website, NSE website, or your broker's platform. Subscription data is updated regularly during the IPO period from 12 January 2026 to 16 January 2026.
What do subscription numbers mean?
Subscription numbers show how many times the IPO is oversubscribed. For example, 1.31x means the IPO received 1.31x times more applications than shares available. Higher subscription in retail category generally means lower allotment chances.
When does Narmadesh Brass SME subscription close?
The subscription for Narmadesh Brass SME closes on 16 January 2026. Applications must be submitted before the closing time on this date. Late applications will not be accepted.
What is the difference between QIB, NII, and Individual (IND) subscription?
QIB (Qualified Institutional Buyers) includes mutual funds, FIIs, and other institutions. NII (Non-Institutional Investors) includes high net-worth individuals investing above ₹2 lakh. Individual (IND) includes individual investors with applications up to ₹2 lakh. Each category has separate subscription quotas.
How does subscription affect allotment chances?
Higher subscription in your category means lower allotment chances. For example, if retail subscription is 1.31x, it means there are 1.31x times more applications than shares available, making allotment competitive.
When will Narmadesh Brass SME allotment be finalized?
The allotment for Narmadesh Brass SME will be finalized and announced on 19 January 2026. You can check your allotment status on the registrar's website, BSE, NSE, or your demat account after this date.
What happens after subscription closes?
After subscription closes on 16 January 2026, the company and registrar process all applications. Allotment is finalized by 19 January 2026, and shares are credited to successful applicants' demat accounts before the listing date on 21 January 2026.
Can I apply after subscription closes?
No, you cannot apply after the subscription closes on 16 January 2026. All IPO applications must be submitted during the subscription period from 12 January 2026 to 16 January 2026. Late applications are automatically rejected.
What is the issue size and lot size for Narmadesh Brass SME?
The issue size for Narmadesh Brass SME is ₹42.52 Cr, and the lot size is 240 shares. The price range is ₹515.0. You must apply in multiples of the lot size.