What is the subscription status of Narmadesh Brass IPO?

As of Jan 16, 2026, the Narmadesh Brass IPO subscription stands at 1.18× overall, QIB N/A, NII 1.92×, Retail 0.44×.

Narmadesh Brass IPO Subscription History

Q: What is the allotment probability for Narmadesh Brass IPO?

Based on current retail subscription of 0.44×, the allotment probability for Narmadesh Brass IPO retail investors is estimated as High. Applicants likely to get full allotment.

Q: How can I check Narmadesh Brass IPO allotment status?

You can check your Narmadesh Brass IPO allotment status on the registrar&#039;s website (KFin Technologies Limited) using your PAN number, application number, or DP/Client ID. Alternatively, check through your demat account portal or BSE/NSE websites. Allotment basis date: January 16, 2026.

Q: When will Narmadesh Brass IPO be listed?

Narmadesh Brass IPO listing date is January 20, 2026, on BSE SME platform. Shares will be credited to allottee demat accounts 1 day before listing.

BSE SME

Subscription Status · Jan 12 – Jan 15, 2026 · ₹515–515

Full IPO Details

The Narmadesh Brass IPO subscription has recorded adequate investor demand with an overall subscription of 1.18× as of Jan 16, 2026, indicating that investors applied for 1.18 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.

NII (HNI) subscribed 1.92×. HNIs have fully covered their quota.
Retail investors subscribed 0.44×, below 1×; all retail applicants are likely to receive full allotment if they applied.

NII

1.92×

Non-Institutional Investors

Retail

0.44×

Retail Individual Investors

Total

1.18×

Fully Subscribed

Live Subscription Data

Last updated: Jan 16, 2026, 11:19 PM IST

Overall

1.18×

Category	Shares Offered	Shares Bid For	Times Subscribed	Applications
NII Non-Institutional Investors	412,800	791,520	1.92×	-
Retail Retail Individual Investors	412,800	183,360	0.44×	-
Total	825,600	974,880	1.18×	-

Fully Subscribed — 1.18× overall Allotment probability may be lower due to high demand

Day-wise Subscription Trend

How subscription built up across investor categories over time

Day-wise Subscription History

Snapshot of each day's bidding activity

Tue, Jan 13, 2026

1.05×

Category	Offered	Bid For	Times	Applications
NII	412,800	781,680	1.89×	-
Retail	412,800	88,800	0.22×	-
Total	825,600	870,480	1.05×	-

Wed, Jan 14, 2026

1.05×

Category	Offered	Bid For	Times	Applications
NII	412,800	781,680	1.89×	-
Retail	412,800	88,800	0.22×	-
Total	825,600	870,480	1.05×	-

Fri, Jan 16, 2026

1.18×

Category	Offered	Bid For	Times	Applications
NII	412,800	791,520	1.92×	-
Retail	412,800	183,360	0.44×	-
Total	825,600	974,880	1.18×	-

Frequently Asked Questions

What is the current subscription status of Narmadesh Brass IPO?

As of January 16, 2026, the Narmadesh Brass IPO has been subscribed 1.18 times overall. The IPO is fully subscribed.

When was the Narmadesh Brass IPO subscription window open?

The Narmadesh Brass IPO subscription window was open from January 12, 2026 to January 15, 2026. Investors could apply through their demat account or ASBA facility.

What is the price band and minimum investment for Narmadesh Brass IPO?

The Narmadesh Brass IPO has a price band of ₹515 to ₹515 per share, with a lot size of 240 shares. Minimum retail investment: ₹123,600 (lower band) or ₹123,600 (upper band).

What is the Retail subscription for Narmadesh Brass IPO?

Retail investors subscribed 0.44 times. Retail was offered 412,800 shares. Below 1× indicates moderate retail interest.

What is the NII subscription for Narmadesh Brass IPO?

Overall NII: 1.92×. NII includes HNIs and corporate entities investing above ₹2 lakh.

How can I check my Narmadesh Brass IPO allotment status?

Basis of allotment is on January 16, 2026. Check via the registrar's website, KFin Technologies Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

When will Narmadesh Brass IPO be listed?

Narmadesh Brass IPO is expected to list on January 20, 2026. Shares will list on BSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.

What does 1.18× subscription mean for Narmadesh Brass IPO?

A subscription multiple of 1.18× means investors have bid for 1.18 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

What is the allotment probability for Narmadesh Brass IPO retail investors?

Based on the current retail subscription of 0.44×, the estimated allotment probability for retail investors is High. Applicants likely to get full allotment. If final subscription stays below 1×, all applicants are likely to get full allotment.

How to apply for Narmadesh Brass IPO?

You can apply for Narmadesh Brass IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jan 12 to Jan 15, 2026.

What is the grey market premium (GMP) for Narmadesh Brass IPO?

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Narmadesh Brass IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.

New to reading subscription numbers? Read our guide on IPO subscription explained.