Narmadesh Brass Industries Limited IPO was subscribed 1.23 times overall. The subscription opened on 12 Jan 2026. as of 16 Jan 2026.
Narmadesh Brass Industries Limited IPO Subscription Status
| Date | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| 12 Jan 2026 | — | — | — | — | 1.01x |
| 13 Jan 2026 | — | — | — | — | 1.07x |
| 14 Jan 2026 | — | — | — | — | 1.13x |
| 16 Jan 2026 | — | — | — | — | 1.23x |
Narmadesh Brass Industries Limited IPO Final Subscription
| Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | — |
| Non-Institutional Investors (NII) | — |
| Retail Investors | — |
| Total | 1.24x |
Narmadesh Brass Industries Limited IPO Subscription FAQs
The subscription status of Narmadesh Brass Industries Limited IPO shows how many times the issue has been subscribed across Retail, QIB, and NII categories as of 16 Jan 2026.
Day-wise subscription data for Narmadesh Brass Industries Limited IPO is available on stock exchange websites and is updated regularly during market hours.
The final subscription data for Narmadesh Brass Industries Limited IPO is released after market closure on the last day of the IPO subscription period.
Higher subscription indicates strong demand but does not guarantee allotment, especially in the retail category where allotment is done through a lottery system.
If the IPO is under-subscribed, shares may be allotted proportionately to applicants as per SEBI guidelines.