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Ganga Bath Fittings Limited IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.49.00
Issue Size:
Rs.32.65 Cr
Lot Size:
3 shares
Open Date:
June 4
Ganga Bath Fittings Limited IPO Overview
Bidding Dates
June 4 - June 6
Min Investment
₹147
Price Range
₹49.00
Issue Size
₹32.65 Cr
IPO DRHP Doc
Company Overview
Ganga Bath Fittings Limited, established in 2018, specializes in manufacturing bathroom accessories such as taps, showers, and sanitary ware. The company ensures product quality through advanced technology and skilled manpower at its facility in Gujarat. It offers a wide range of products under the "GANGA" brand and maintains a strong distribution network of over 2,500 affiliates. The company is ISO 9001:2015 certified for its quality management systems. As of December 2024, it employs 155 staff members and has 2 Executive Directors.
IPO Timeline
Opens
Jun 4
Closes
Jun 6
Allotment
Jun 9
Refunds
Jun 10
Shares Credit
Jun 10
Listing
Jun 11
Opens
Jun 4
Closes
Jun 6
Allotment
Jun 9
Refunds
Jun 10
Shares Credit
Jun 10
Listing
Jun 11
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 2.22x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 0.73x | Partially Subscribed |
| RII (Retail Individual Investors) | 2.55x | Oversubscribed |
| Total Subscription | 1.64x | Oversubscribed |
Last updated: Jun 6, 2025, 06:22 PM
Current GMP:
No Premium
Est. Listing:
Rs.49
Est. Gain:
0%
Star Rating:
★★★★★(1/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Assets | ₹33.74 Cr | ₹33.74 Cr | ₹32.03 Cr | ₹29.87 Cr |
| Net Worth | ₹11.05 Cr | ₹11.05 Cr | ₹9.51 Cr | ₹7.36 Cr |
| Profit After Tax | ₹2.48 Cr | ₹2.48 Cr | ₹0.31 Cr | ₹0.21 Cr |
| Reserves and Surplus | ₹11.05 Cr | ₹11.05 Cr | ₹9.51 Cr | ₹7.36 Cr |
| Revenue | ₹32.01 Cr | ₹32.01 Cr | ₹30.68 Cr | ₹22.34 Cr |
| Total Borrowing | ₹13.7 Cr | ₹13.7 Cr | ₹12.29 Cr | ₹13.43 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Offers a wide range of bathroom fittings under a single brand, enhancing customer convenience.
- Strong manufacturing capability with in-house facilities for multiple product categories.
- Long-standing experience in the sanitary ware and fittings industry.
- Acquired two businesses to expand product lines and capacity.
- Diversified product mix catering to varied customer preferences and price points.
IPO Details
Ganga Bath Fittings IPO Details
| Face Value | ₹10 per share |
| Fresh Issue | 66,63,000 shares (aggregating up to ₹32.65 Cr) |
| IPO Date | June 4, 2025 to June 6, 2025 |
| Issue Price | ₹49 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | June 11, 2025 |
| Lot Size | 3,000 Shares |
| Market Maker Portion | 3,36,000 shares |
| Share Holding Post Issue | 2,22,07,848 shares |
| Share Holding Pre Issue | 1,55,44,848 shares |
| Total Issue Size | 66,63,000 shares (aggregating up to ₹32.65 Cr) |
Ganga Bath Fittings IPO Reservation
Share Reservation Distribution
HNI (NII)
3,129,000 shares (46.96%)
Retail
3,129,000 shares (46.96%)
Market Maker
336,000 shares (5.04%)
QIB
69,000 shares (1.04%)
Ganga Bath Fittings IPO Promoter Holding
| Share Holding Post Issue | 69.16% |
| Share Holding Pre Issue | 98.81% |
Ganga Bath Fittings IPO Listing Details
| ₹49 per share |
| GANGABATH |
| INE0ZI101018 |
| June 11, 2025 |
Key Dates
Open Date:June 4
Close Date:June 6
Listing Date:June 11
