Ganga Bath Fittings IPO
Ganga Bath Fittings is an NSE SME IPO listed on the NSE SME platform, priced at ₹46–₹49 per share. The stock debuted at ₹59, delivering a listing gain of 20.4%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,47,000.
Ganga Bath Fittings Limited IPO
- IPO Dates
- Jun 4, 2025 – Jun 6, 2025
- Price band
- ₹46-49 per equity share
- Minimum Investment
- ₹1,47,000
- Issue size
- ₹32.65 Cr
- Lot size
- 3000
- Allotment Date
- Jun 9, 2025
- Listing
- Jun 11, 2025
- Listing At
- NSE SME
IPO timeline
-
Jun 4, 2025
Open Date
Completed
-
Jun 6, 2025
Close Date
Completed
-
Jun 9, 2025
Allotment Date
Completed
-
Jun 11, 2025
Listing Date
Completed
Ganga Bath Fittings IPO Essentials
Ganga Bath Fittings IPO Details
Ganga Bath Fittings IPO is priced at ₹46-49 per share with a total issue size of 32.65 crore. The IPO has a lot size of 3000 shares and is listed on NSE SME.
- Issue price
- ₹46-49 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 66,63,000 shares(aggregating up to ₹32.65 Cr)
- Total issue size
- 66,63,000 shares
(aggregating up to ₹32.65 crore) - Fresh issue
- 66,63,000 shares
(aggregating up to ₹32.65 crore) - Listing at
- NSE SME
- List price
- 59.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Jawa Capital Services Private Limited
Market Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 3000 | ₹1,47,000 |
| Retail(max) | 1 | 3000 | ₹1,47,000 |
| NII (min) | 2 | 6,000 | ₹2,94,000 |
Ganga Bath Fittings IPO Reservation
Ganga Bath Fittings IPO reservation details show category-wise allocation of shares. Out of the total 32,64,000 shares, approximately 18.97% are reserved for QIB, 14.26% for NII, 33.28% for retail investors, 5.05% for market maker, and 28.43% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (28.43%) | |
| Market Maker Shares Offered | NA (5.05%) | |
| QIB Shares Offered | NA (18.97%) | |
| NII (HNI) Shares Offered | 4,65,600 (14.26%) | |
| Retail Shares Offered | 10,86,400 (33.28%) | |
| Total Shares Offered | 32,64,000 (100%) |
Ganga Bath Fittings IPO Analytics
Ganga Bath Fittings IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Ganga Bath Fittings IPO Subscription Status
Ganga Bath Fittings IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 69,000 / 31,29,000 | 31,29,000 | 63,27,000 |
|
Day 1
04-06-25 06:00 PM
|
(2.22 / 0.35) x | 0.50 x | 0.44 x |
|
Day 2
05-06-25 06:00 PM
|
(2.22 / 0.52) x | 1.49 x | 1.02 x |
|
Day 3
06-06-25 06:00 PM
|
(2.22 / 0.83) x | 2.55 x | 1.70 x |
Ganga Bath Fittings Valuations
Earnings
- EPS Pre IPO
- ₹1.59/-
- EPS Post IPO
- ₹2.72/-
- P/E Pre IPO
- 30.74
- P/E Post IPO
- 18.03
Returns
- ROE
- 15.07%
- ROCE
- 29.80%
- RoNW
- 15.07%
- PAT Margin
- 9.96
Fundamentals
- Debt / Equity
- 0.87
- Price / Book
- 2.95
Ganga Bath Fittings Financials( In Crs.)
| 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 |
Ganga Bath Fittings Company & Offer Insights
About Ganga Bath Fittings
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)
Mr. Tusharkumar Vithaldas Tilva, Mr. Jimmy Tusharkumar Tilva, Mr. Sajan Tusharbhai Tilva are the company's promoters of Ganga Bath Fittings.
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
Contact Information
Contact Details
Ganga Bath Fittings
+91-9033863882
info@mandeepautoindustries.com
https://gangabathfittings.com/
Survey No. 121, Nr. Vraj Industrial Estate, SIDC Road, B/H Shantidham Residency, Veraval (Shapar), Kotda Sangani, Rajkot, Gujarat 360024
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Ganga Bath Fittings IPO is a book-built IPO worth ₹32.65 crore. The price band is ₹46–₹49 per share. The IPO opens on Jun 4, 2025 and closes on Jun 6, 2025. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of Ganga Bath Fittings IPO is ₹46 to ₹49 per share.
The lot size of Ganga Bath Fittings IPO is 3000 shares.
The minimum investment for Ganga Bath Fittings IPO is approximately ₹1,47,000 based on the upper price band .
Ganga Bath Fittings IPO opens on Jun 4, 2025 and closes on Jun 6, 2025.
The allotment date of Ganga Bath Fittings IPO is Jun 9, 2025.
Ganga Bath Fittings IPO is expected to be listed on Jun 11, 2025, on NSE SME Platform.
Ganga Bath Fittings IPO valuation snapshot: P/E 18.03, EPS ₹2.72/-, P/B 2.95, RoNW 15.07%, and market cap N/A.
To apply for Ganga Bath Fittings IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Ganga Bath Fittings IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Ganga Bath Fittings IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Ganga Bath Fittings IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Ganga Bath Fittings IPO allotment status on IPO Ji for quick and easy access.