Narmadesh Brass Industries Ltd, originally established as a partnership firm in 2019 under the name 'M/s. Narmada Brass Industries', was converted into a public limited company on October 30, 2023. The company is based in Jamnagar and was founded by Mr. Hitesh Pragajibhai Dudhagara, Mrs. Ronak Hitesh Dudhagara, and Mr. Ghanshyamlal Somani. It specializes in the manufacturing and trading of brass components, with a focus on agricultural sprayer parts, garden fittings, ball valves, sanitary fittings, plumbing fittings, lead-free brass fittings, extruded brass rods, and specialty forged items.
The company operates a fully integrated manufacturing unit in Jamnagar, handling processes like casting, forging, and supplying brass components. It caters to domestic and international markets, offering both direct manufacturing and assembly services for customized orders sourced from suppliers. Narmadesh Brass is an established player in the brass industry with a diversified product portfolio aimed at the agriculture, plumbing, and industrial sectors.
Sprayking Limited (formerly Sprayking Agro Equipment Limited) holds a 60% stake in the company, making it the holding company. Narmadesh Brass Industries is leveraging this relationship to expand its operational scale and market reach. Its emphasis on lead-free and specialty brass fittings aligns with the growing global demand for eco-friendly and precision-engineered products.
The company aims to raise equity funds through an Initial Public Offering (IPO), issuing up to 650,000 equity shares comprising 350,000 through a fresh issue and 300,000 via an offer for sale. The public issue is intended to support the company’s growth ambitions, strengthen its financial position, and expand its market presence both domestically and internationally.
