Narmadesh Brass IPO, Jan. 12 -- The initial public offering (IPO) of Narmadesh Brass has opened for subscription today, Monday, January 12. The SME IPO will remain available for bidding till Thursday, January 15.

Narmadesh Brass Industries operates a manufacturing unit spanning around 6,300 square metres at the Shree Ganesh Industrial Hub in Jamnagar, popularly referred to as India's "Brass City."

The company produces a wide range of products, including brass billets and rods, valves, plumbing and sanitary fittings, agricultural sprayer components, and customised machined parts, serving both domestic and export markets.

The Narmadesh Brass IPO was subscribed over 0.49% on the first day of bidding, as of 3:10 pm.

The non-institutional ...