Ganga Bath Fittings Limited IPO
NSE SMEOffer Date: Jun 4, 2025 - Jun 6, 2025
₹ 147000 /3000 Shares
04 Jun, 2025
Open Date06 Jun, 2025
Close Date09 Jun, 2025
Allotment Date11 Jun, 2025
Listing DateIssue Price
₹46-49 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedMarket Lot
3000 Shares (₹147,000/-)Lead Manager
Jawa Capital Services Private LimitedIssue Size
66,63,000 shares(aggregating up to ₹32.65 Cr)Retail Portion
35%Subscription
N/A timesGanga Bath Fittings IPO Details
Ganga Bath Fittings Limited IPO is an SME IPO, priced at ₹46-49 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 66,63,000 equity shares, aggregating up to ₹32.65 crores..
The IPO bidding window is open from Jun 4, 2025 to Jun 6, 2025. The allotment is expected to be finalized on Jun 9, 2025, and the tentative listing date is Jun 11, 2025.
The minimum lot size for retail investors is 3000 shares, with a minimum investment of ₹1,47,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,94,000.
Jawa Capital Services Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and
Ganga Bath Fittings Valuations
EPS Pre IPO
₹1.59/-EPS Post IPO
₹2.72/-P/E Pre IPO
30.74P/E Post IPO
18.03ROE
15.07%ROCE
29.80%Debt/Equity
0.87RoNW
15.07%PAT Margin
9.96Price to Book Value
2.95Ganga Bath Fittings Company Financials All values are in ₹ Cr.
| 31-Dec-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 43.67 | 33.74 | 32.03 | 29.87 |
| Revenue | 32.31 | 32.01 | 30.68 | 22.34 |
| Profit After Tax | 4.53 | 2.48 | 0.31 | 0.21 |
| Net Worth | 22.12 | 11.05 | 9.51 | 7.36 |
| Reserves & Surplus | 15.54 | 11.05 | 9.51 | 7.36 |
| Total Borrowing | 10.73 | 13.70 | 12.29 | 13.43 |
About The Company
Established in 2018, Ganga Bath Fittings Limited produces and supplies a range of bathroom accessories such as CP taps, showers, sanitary wear, ABS fittings, door handles, vanities, sinks, and so forth.The manufacturing units of the company are technologically geared to design and produce products acceptable to its customers' robust quality control standards.The company produces customized parts according to customer requirements with emphasis on quality and timely delivery.
It also provides customized services to its robust customer base in India.The organization provides a comprehensive line of products under the brand name GANGA, such as:
CP Bath Fittings: Chrome-finished faucets and fittings are made for durability and beauty.
Sanitary Ware: Sanitary products of varying types for residential and commercial use.
PTMT Taps: Polytetra Methylene Terephthalate taps are appreciated for their toughness and durability against wear.
Stainless Steel Showers: High-end stainless steel showers providing durability and contemporary design.
ABS Accessories: Acrylonitrile Butadiene Styrene-based bathroom accessories that are light in weight yet durable.
The company's world-class manufacturing plant is situated in Shapar-Veraval, Gujarat. It utilizes high-end technology and skilled human resources to provide product excellence.In December 2024, the company had 250 SKUs in its GI Unit, 32 SKUs in its GBS Unit, and 150 SKUs in its GPI segment.The organization has a chain of more than 2,500 distributors who have been associated with us for quite some time.
The organization is ISO 9001:2015 certified for Quality Management System in the design, manufacture, and supply of brass bath fittings, sanitary wares, PTMT, taps, stainless steel showers, stainless steel gullies, ABS taps, and accessories of all types.
As of December 2024, the company employs 2 Executive Directors and 155 staff members on their payroll.
Ganga Bath Fittings - Promoter(s)
Pre Issue Share Holding: 98.81%
Post Issue Share Holding: 69.16%
- Mr. Tusharkumar Vithaldas Tilva
- Mr. Jimmy Tusharkumar Tilva
- Mr. Sajan Tusharbhai Tilva
Ganga Bath Fittings IPO - Issue Objectives
- Capital Expenditure towards purchase of equipment/machine ries, etc.
- Repayment/prepay ment of certain borrowings availed by the Company
- Funding working capital requirements
- General Corporate Purpose
Other Details
Ganga Bath Fittings
Survey No. 121, Nr. Vraj Industrial Estate, SIDC Road, B/H Shantidham Residency, Veraval (Shapar), Kotda Sangani, Rajkot, Gujarat 360024Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: gbfl.ipo@kfintech.com
Ganga Bath Fittings IPO - FAQs
Ans. Ganga Bath Fittings Limited IPO is a SME IPO. The issue is priced at ₹46-49 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Jun 4, 2025, and closes on Jun 6, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Ganga Bath Fittings Limited IPO opens on Jun 4, 2025 and closes on Jun 6, 2025.
Ans. The size of Ganga Bath Fittings Limited IPO is 66,63,000 shares(aggregating up to ₹32.65 Cr).
Ans. The IPO price band is set between ₹46-49 per equity share.
Ans. To apply for Ganga Bath Fittings Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ganga Bath Fittings Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Ganga Bath Fittings Limited IPO is Jun 9, 2025.
Ans. The Ganga Bath Fittings Limited IPO will be listed on Jun 11, 2025.
Ans. Follow the steps to check the allotment status for Ganga Bath Fittings Limited IPO here.
