Narmadesh Brass Industries IPO is scheduled to list on 21 Jan 2026 on NSE, BSE.
Listed
SME IPO
NARMADESHBRASS
Narmadesh Brass Industries IPO Listing Price Today
Narmadesh Brass Industries IPO listed on 21 Jan 2026 at ₹495 against an issue price of ₹515, a listing gain of -3.88%.
- Issue price
- ₹515
- Actual listing price
- ₹495
- Listing Date
- 21 Jan 2026
- Exchange
- NSE, BSE
Live share price
Narmadesh Brass Industries share price
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vs issue price
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Source: Yahoo Finance. Prices may be delayed by a few minutes.
GMP vs actual
Narmadesh Brass Industries listing price vs GMP estimate
| Issue price | ₹515 |
|---|---|
| Latest GMP | ₹-20 (-3.88%) |
| Expected listing price (issue price + GMP) | ₹495 |
| Actual listing price | ₹495 |
| Listing gain | -3.88% |
| Difference from GMP estimate | +₹0 (+0.00%) |
Profit per application
-₹9,600
At the listing price, for 480 shares
GMP is an unofficial grey market indicator, not a guarantee of the listing price.
Empirical GMP Accuracy:
Across 117 Indian IPOs, positive GMP predicted positive listing gains 69.8% of the time (35.6% of SME IPOs opened within 10% of their GMP estimate).
View Research Report →
GMP trend
Narmadesh Brass Industries GMP trend before listing
| Date | GMP | Change |
|---|---|---|
| 14 Jan 2026 | ₹0.00 | - |
Listing day
Listing day timings
| Listing Date | 21 Jan 2026 |
|---|---|
| Special pre-open session | 9:00 AM - 9:45 AM |
| Normal trading starts | 10:00 AM |
| Exchange | NSE, BSE |
FAQ
Narmadesh Brass Industries IPO: frequently asked questions
Narmadesh Brass Industries IPO listed at ₹495 against an issue price of ₹515, a listing gain of -3.88%.
On listing day, a special pre-open session runs from 9:00 AM to 9:45 AM to set the listing price. Narmadesh Brass Industries shares then start normal trading at 10:00 AM.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
At the listing price, one minimum application of 480 shares in Narmadesh Brass Industries IPO made about ₹-9,600.