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15 Days Price Change

Narmadesh Brass Ind. IPO

Closing In

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WEBSITE Inc. Year: 2023 Industry: Metal - Non Ferrous Listed Page

Profile
Issue Size 44.87 Cr
Profile
Price Range 515  to  515 per share
Profile
Min Investment ₹515
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

The business of the Company can be traced through its origin of “M/s. Narmada Brass industries” formed vide a partnership deed dated August 29, 2019, with an intent to carry on the business of Manufacturing, Wholesale & Trading, Importing, Exporting of all types of Brass Parts. In the financial year 2019, our promoters, Mr. Hitesh Pragajibhai Dudhagara and Ms. Ronak Hitesh Dudhagara, along with partner Mr. Ghanshayamlal Badrilal Somani, were admitted vide deed of Admission dated August 08, 2019. Admits until 2019 until September 01, 2023, various partners had been admitted and retired, thereafter, through supplemental partnership deed dated September 01, 2023, M/s. Narmada Brass industries was thereafter survived with the various partners. Read More

Basic Info

Face Value 10 per share

Price 515  to  515 per share

P/E (x) 19.8

Sales( Cr.) 88

PAT( Cr.) 6

EPS 26

Draft Prospectus

Exchange BSE-SME-NSE-SME

Promoter

Company Promoters

Sprayking Ltd. Hitesh Dudhagara Ronak Dudhagara Krish Dudhagara

Pre Issue Share Holding 100%

Post Issue Share Holding 71.84%

Listing Details:

Listing Price: 495

Listing Gain: -4.04%

Current Price: 405.7

Gain On Issue: 405.7 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 12, 2026
Closing Date Jan 16, 2026
Allotment Jan 19, 2026
Refund Jan 20, 2026
Delivery of Shares Jan 20, 2026
Listing Date Jan 21, 2026

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 480 247,200
Retail (Max) -- -- --
S-HNI (Min) 1 480 247,200
S-HNI (Max) 4 1920 988,800
B-HNI (Min) 5 2400 1,236,000

Objective of the Issue

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings 2. Purchase of machinery and equipment 3. Funding Working capital requirements 4. General Corporate Purpose

Issue

Category Nos Bid Bid (x)
QIB 0 58080 0x
NII 0 837120 0x
Retail 0 182880 0x
EMP 0 0 0x
Total 0 1078080 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Narmadesh Brass Ind. Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 79 88
Other Income 0 0
Total Income 79 88
Total Expenditure 68 79
Operating Profit 11 9
Interest 1 1
Depreciation 1 1
Exceptional Income / Expenses 0 0
Profit Before Tax 10 7
Provision for Tax 3 1
Profit After Tax 7 6
Adjustments 0 0
Profit After Adjustments 7 6
Adjusted Earnings Per Share 35.5 28.3

Narmadesh Brass Ind. Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 9 15
Minority's Interest 0 0
Borrowings 1 1
Other Non-Current Liabilities 6 6
Total Current Liabilities 31 38
Total Liabilities 47 60
Fixed Assets 11 14
Other Non-Current Assets 0 0
Total Current Assets 36 45
Total Assets 47 60

Narmadesh Brass Ind. Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 2
Cash Flow from Operating Activities -8 1
Cash Flow from Investing Activities -4 -4
Cash Flow from Financing Activities 14 1
Net Cash Inflow / Outflow 2 -2
Closing Cash & Cash Equivalent 2 0

Narmadesh Brass Ind. Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) 35.48 28.33
CEPS(Rs) 39.2 32.1
DPS(Rs) 0 0
Book NAV/Share(Rs) 44.85 73.18
Core EBITDA Margin(%) 14.26 10.22
EBIT Margin(%) 13.54 9.74
Pre Tax Margin(%) 12.27 8.05
PAT Margin (%) 9 6.46
Cash Profit Margin (%) 9.94 7.32
ROA(%) 15.2 10.66
ROE(%) 79.11 48.01
ROCE(%) 34.02 24.14
Receivable days 31.91 45.47
Inventory Days 71.15 72.17
Payable days 17.22 23.11
PER(x) 0 0
Price/Book(x) 0 0
Dividend Yield(%) 0 0
EV/Net Sales(x) 0.28 0.3
EV/Core EBITDA(x) 1.94 2.87
Net Sales Growth(%) 0 11.2
EBIT Growth(%) 0 -20.03
PAT Growth(%) 0 -20.15
EPS Growth(%) 0 -20.15
Debt/Equity(x) 2.5 1.69
Current Ratio(x) 1.16 1.19
Quick Ratio(x) 0.66 0.68
Interest Cover(x) 10.62 5.78
Total Debt/Mcap(x) 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 11% 0% 0% 0%
Operating Profit CAGR -18% 0% 0% 0%
PAT CAGR -14% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 48% 64% 64% 64%
ROCE Average 24% 29% 29% 29%

Company Contact Information

Narmadesh Brass Industries Ltd.

Hetal Vachhani

+91 028 95299401

info@narmadeshbrass.com

Plot No. 5,8 & 9, Survey No. 433 Shree Ganesh Industrial Hub Changa Village

IPO Lead Manager(s)

Narmadesh Brass Industries Ltd.

Aryaman Financial Services Ltd.

Registrar Info

Narmadesh Brass Industries Ltd.

K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)

Karvy Selenium Tower B, Plot 31-32 Gachibowli,Financial District, Nanakramguda Hyderabad – 500032 Tel. No. 040 67161500 Fax. No. 040 23001153 E-mail: einward.ris@karvy.com Website: www.karvy.com Toll Free No. of exclusive Call Centre:1-800-345001

040 - 67162222/18003094001

einward.ris@kfintech.com

https://www.kfintech.com

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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