Ganga Bath Fittings Limited is gearing up to launch its Rs 32.65 crore IPO, opening for subscription from 4th June to 6th June.
This fresh issue of 66.63 lakh shares will be listed on the NSE SME platform.
Retail investors need to invest at least Rs 1,47,000, while HNIs must apply for a minimum of Rs 2,94,000 (6,000 shares or 2 lots).
Kfin Technologies Limited is acting as the registrar to the issue, with Jawa Capital Services Private Limited as the lead manager.
Ganga Bath Fittings IPO GMP & Expected Listing Price
As of 10:00 AM on 4th June, 2025, the Grey Market Premium (GMP) for Ganga Bath Fittings IPO stands at Rs 1. With an IPO price band of Rs 49, the expected listing price is also Rs 50, indicating listing gains of 2%.
Date | GMP | Expected Listing Price | Last Updated |
04-06-2025 | Rs 1 | Rs 50 | 10:00 AM |
03-06-2025 | Rs 1 | Rs 50 | 10:00 AM |
02-06-2025 | Rs 0 | Rs 49 | 1:00 PM |
01-06-2025 | Rs 0 | Rs 49 | 11:30 PM |
31-05-2025 | Rs 0 | Rs 49 | 11:30 PM |
30-05-2025 | Rs 0 | Rs 49 | 11:30 PM |
Everything You Need to Know About the Ganga Bath IPO
Face Value | Rs 10 per Share |
Lot Size | 3,000 Shares |
Issue Price Band | Rs 46 to Rs 49 per Share |
Listing At | NSE SME |
Total Issue Size | 66,63,000 Shares (aggregating up to Rs 32.65 Cr) |
Fresh Issue | 66,63,000 Shares (aggregating up to Rs 32.65 Cr) |
DRHP | Click Here |
RHP | Click Here |
Ganga Bath Fittings IPO Timeline
Opening – Closing Dates | 4th June – 6th June |
Cut-off Time for UPI Mandate Approval | 5 PM on 6th June |
IPO Allotment | 9th June |
Amount Refund | 10th June |
Credit of Shares | 10th June |
Listing Date | 11th June |
Investments & Lot Size Details for Ganga Bath IPO
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 3,000 | Rs 1,47,000 |
Retail (Max) | 1 | 3,000 | Rs 1,47,000 |
HNI (Min) | 2 | 6,000 | Rs 2,94,000 |
Ganga Bath Fittings Company Details
Incorporated in 2018, Ganga Bath Fittings Limited manufactures and supplies a wide range of bathroom accessories such as CP taps, showers, sanitary ware, ABS fittings, vanities, sinks, door handles, and more.
The company’s modern manufacturing facility in Shapar-Veraval, Gujarat, uses advanced technology to deliver quality products tailored to customer specifications, with a strong focus on timely delivery.
Its offerings are sold under the brand name “GANGA” and include:
- CP Bath Fittings – Durable chrome-plated taps and fixtures
- Sanitary Ware – Products for both homes and commercial spaces
- PTMT Taps – Strong, wear-resistant taps made from PTMT
- Stainless Steel Showers – Sleek, long-lasting shower designs
- ABS Accessories – Lightweight, sturdy bathroom fittings
As of December 2024, the company had:
- 250 SKUs in its GI Unit
- 32 SKUs in its GBS Unit
- 150 SKUs in its GPI segment
It serves customers across India through a network of over 2,500 long-term distributors and also offers personalized service.
Ganga Bath Fittings is ISO 9001:2015 certified for its quality management system in designing and manufacturing various bath fittings and accessories.
As of December 2024, it has 2 Executive Directors and a team of 155 employees.
Ganga Bath Fittings Company Finances
Period Ended | 31st Dec, 2024 | 31st Mar, 2024 |
Assets (in Rs Cr.) | 43.67 | 33.74 |
Revenue (in Rs Cr.) | 32.31 | 32.01 |
Profit After Tax (in Rs Cr.) | 4.53 | 2.48 |
Financial Performance:
Revenue: The company generated Rs 32.31 crore in revenue during the period ended on 31st December, 2024.
Financial Position:
Assets: The company’s total assets amounted to Rs 43.67 crore as of December 2024.
Profit After Tax (PAT): The company generated PAT of Rs 4.53 crore as of December 2024.
Ganga Bath Fittings IPO FAQs
- What is the price band set for the Ganga Bath Fittings IPO?
The issue price band for the Ganga Bath Fittings IPO is Rs 46 to Rs 49 per share.
- What is the total issue size of the Ganga Bath Fittings IPO offering?
The total issue size of the IPO is Rs 32.65 crore.
- What is the lot size for the Ganga Bath Fittings IPO?
Each lot consists of 3,000 shares, with a minimum investment of Rs 1,47,000.
- What are the allotment and listing dates for the Ganga Bath Fittings IPO?
The allotment is set for 9th June, and the listing is scheduled for 11th June.
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