Narmadesh Brass Industries SME IPO listing: Shares hit lower circuit after listing at a 4% discount to the issue price by Live mint | January 21, 2026 2:10 pm | Indian Stocks, Market, News Narmadesh Brass Industries IPO listing: Narmadesh Brass Industries opened at ₹495, 3.9% lower than the issue price of ₹515. Soon after the listing, the stock plunged further to hit its 5% lower circuit of ₹470.25.
