Narmadesh Brass Industries IPO GMP
Final grey market premium, price band, estimated listing price and dates for the Narmadesh Brass Industries SME IPO. Source updated 21 Jan, 02:32 pm IST. This IPO has closed. The figures below are the last our source published (21 Jan, 02:32 pm IST) and are kept as a record; they are not current. For live premiums see today's IPO GMP.
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How Narmadesh Brass Industries actually listed
About the Narmadesh Brass Industries IPO GMP
It has been subscribed 1.18×, more than 3 of the 92 SME issues beside it.
The grey market premium shown above is what the unofficial market is currently paying over the issue price for a Narmadesh Brass Industries application. It is not an NSE or BSE price, it is not regulated, and it changes through the day. The estimated listing price is simply the issue price plus that premium — an indication, never a forecast of how the share will open.
Compare it with other live SME IPO GMP before drawing a conclusion, and read the day-wise trend rather than a single snapshot — a premium drifting down into the close of an issue says more than its size on any one morning.
Narmadesh Brass Industries IPO GMP — FAQs
What people ask about this issue, answered from the figures on this page.
Still unclear? Write to contact@papsdigital.com and a person will answer.
What is the Narmadesh Brass Industries IPO GMP today?
The current grey market premium for the Narmadesh Brass Industries SME IPO is ₹0. GMP is unofficial and changes through the day.
How many times has the Narmadesh Brass Industries IPO been subscribed?
The Narmadesh Brass Industries issue is subscribed 1.18× in total as last published by our source. Subscription is the official demand figure from the exchange, unlike GMP, and the two do not always agree.
When does the Narmadesh Brass Industries IPO open, close and list?
lists 21 Jan 2026.
At what price did Narmadesh Brass Industries actually list?
Narmadesh Brass Industries listed at ₹495, down 3.88% against the issue price. Comparing that with the premium the grey market was quoting beforehand is the honest way to judge how well GMP has been tracking reality.
Is the Narmadesh Brass Industries IPO Mainboard or SME?
Narmadesh Brass Industries is a SME IPO. SME issues are smaller, carry larger lot sizes and trade far more thinly, so their grey market premiums move on much less activity.
Does the Narmadesh Brass Industries GMP guarantee a listing gain?
No. Grey market premium is unofficial, unregulated and not published by SEBI, NSE or BSE. It can collapse between the close of an issue and its listing day, and the listing price is set by demand on the exchange, not by the grey market. Nothing here is investment advice.
Where these numbers come from
Every figure on this page is a published value from one named source, or N/A. Nothing is averaged, merged, inferred or filled in.
The source
Grey market premium, price band, lot size, subscription and the IPO calendar are read from InvestorGain's public IPO GMP Live report, and post-listing prices from its IPO GMP Performance report. There is no second source and no merged data, so a figure is either that source's published value or it is absent. A field the source has not filled in shows N/A — never a substituted zero.
Two different clocks
"Source updated" is the time InvestorGain itself stamped the row, in IST. "Updated N ago" is how long since we last fetched it. They are not the same measurement and they can disagree: a row fetched ten seconds ago can still carry a premium the source published an hour earlier. When a refresh fails, the page says the figures are delayed rather than presenting the last set as current, and when nothing can be verified it shows no figures at all rather than old ones.
What is arithmetic, not data
Two columns are calculated here rather than fetched, using the source's own stated convention. Estimated listing price is the upper end of the price band plus the current GMP. Estimated listing gain is that premium as a percentage of the issue price. Both are shown only when every input genuinely exists. They are arithmetic on an unofficial number, which makes them an illustration of what the grey market is implying today — not a forecast, and not a claim about what any share will list at.
What this is not
Grey market premium is not an exchange price. It is not published, regulated, verified or endorsed by SEBI, NSE or BSE, and naming a source here is attribution, not a claim that the figure is correct or that either party endorses the other. PapsDigital publishes what the source published, with the time it said it, so you can check it yourself at the links above.
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Risk disclaimer
IPO grey market premium is unofficial, unregulated information that changes without notice and is not published or endorsed by SEBI, NSE or BSE. Estimated listing prices shown here are arithmetic on that unofficial figure and are indicative only. PapsDigital does not guarantee listing gains, trading outcomes or investment returns, and nothing on this page is investment advice. Securities investments are subject to market risk; please do your own research or speak to a registered adviser before investing.