Ganga Bath Fittings Limited is set to launch its Initial Public Offering (IPO) from June 4 to June 6, 2025. The company is planning to raise ₹32.65 crores through the Fresh issue and will be listed on the NSE SME platform. The company specializes in manufacturing and supplying a wide range of bathroom accessories under the trusted “GANGA” brand. In this article, let us evaluate important details of the Ganga Bath Fittings IPO.
Ganga Bath Fittings IPO Details
| Name of the IPO | Ganga Bath Fittings |
| IPO Dates | June 4, 2025 to June 6, 2025 |
| IPO Type | Fresh Issue |
| Issue Size | ₹32.65 crores |
| Listing Exchange | NSE SME |
| Allotment Date | June 9, 2025 |
| Listing Date | June 11, 2025 |
| Retail Investors Lot Size & Amount (Min) | 1 lot & ₹1,47,000 |
| Retail Investors Lot Size & Amount (Max) | 1 lot & ₹1,47,000 |
| HNIs Lot Size & Amount (Min) | 2 lots & ₹2,94,000 |
Ganga Bath Fittings IPO – FAQs
1. What are the IPO dates for Ganga Bath Fittings Limited?
The IPO opens on June 4, 2025, and closes on June 6, 2025.
2. What is the price band for the IPO?
The price band is set between ₹46 to ₹49 per share.
3. What is the lot size and minimum investment required?
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Lot Size: 3,000 shares
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Minimum Investment: ₹1,47,000 (for 1 lot)
4. What is the issue size of the IPO?
The company aims to raise ₹32.65 crores through a fresh issue of 66,63,000 equity shares .
5. On which platform will the shares be listed?
The shares are proposed to be listed on the NSE Emerge platform .
6. What are the expected allotment and listing dates?
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Allotment Date: June 9, 2025
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Listing Date: June 11, 2025
7. What are the company’s main products and services?
Ganga Bath Fittings Limited manufactures and supplies a range of bathroom accessories, including CP taps, showers, sanitary ware, ABS fittings, door handles, vanities, and sinks under the brand name “GANGA”.
8. How has the company performed financially in recent years?
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Revenue:
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FY 2022: ₹22.34 crores
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FY 2023: ₹30.68 crores
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FY 2024: ₹32.01 crores
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Period ended Dec 31, 2024: ₹32.31 crores
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Profit After Tax:
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FY 2022: ₹0.21 crores
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FY 2023: ₹0.31 crores
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FY 2024: ₹2.48 crores
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Period ended Dec 31, 2024: ₹4.53 crores
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9. Who are the lead manager and registrar for the IPO?
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Lead Manager: Jawa Capital Services Private Limited
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Registrar: KFin Technologies Limited
10. How can investors apply for the IPO?
Investors can apply through:
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ASBA (Applications Supported by Blocked Amount): Via their bank’s net banking portal.
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UPI (Unified Payments Interface): Through their stockbroker’s platform.
11. What is the Grey Market Premium (GMP) for the IPO?
As of now, the GMP for Ganga Bath Fittings IPO is not available.
12. What is the listing price of Ganga Bath Fittings?
The listing price of Ganga Bath Bath Fittings was ₹59, with the upper price band at ₹49. The upside has been 20.41%.
Ganga Bath Fittings IPO – Conclusion
Should you invest in the Ganga Bath Fittings IPO?
Ganga Bath Fittings has demonstrated consistent revenue growth and a notable increase in profitability over the past few years. However, the company operates in a highly competitive and fragmented market segment. Some analysts have expressed concern regarding the aggressive pricing of the IPO, suggesting that it may be a high-risk investment with low returns.
Recommendation: Investors should consider their risk tolerance and investment horizon before participating in the IPO.
