Ganga Bath Fittings IPO
- IPO Date04 Jun, 2025 to 06 Jun, 2025
- Listing Date11 Jun, 2025
- Face Value₹10 per share
- Issue Price₹46 to ₹49 per share
- Lot Size3000 Shares
- Minimum Investment₹1,47,000
- Listing AtNSE SME
- Total Issue Size66,63,000 Shares
(aggregating up to ₹32.65 Cr) - Fresh Issue66,63,000 Shares
(aggregating up to ₹32.65 Cr)
- Offer for Sale-
- Issue TypeBookbuilding IPO
- Share holding pre issue1,55,44,848
- Shareholding post issue2,22,07,848
IPO Dates
Closing Date
06 Jun, 2025
Initiation of Refunds
10 Jun, 2025
Listing Date
11 Jun, 2025
04 Jun, 2025
Opening Date
09 Jun, 2025
Basis of Allotment
10 Jun, 2025
Credit of Shares
Ganga Bath Fittings 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 |
| HNI (Min) | 2 | 6000 | ₹2,94,000 |
Ganga Bath Fittings Promoter Holding
The promoters of the company are Mr. Tusharkumar Vithaldas Tilva, Mr. Jimmy Tusharkumar Tilva, and Mr. Sajan Tusharbhai Tilva.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 98.81% | 69.16% |
Ganga Bath Fittings COMPANY INFORMATION
Ganga Bath Fittings IPO is a bookbuilding of ₹32.65 crores. The issue is entirely a fresh issue of 66.63 lakh shares. Ganga Bath Fittings IPO opens for subscription on June 4, 2025 and closes on June 6, 2025. The allotment for the Ganga Bath Fittings IPO is expected to be finalized on Monday, June 9, 2025. Ganga Bath Fittings IPO will be list on NSE SME with a tentative listing date fixed as Wednesday, June 11, 2025. Ganga Bath Fittings IPO price band is set at ₹46 to ₹49 per share. The minimum lot size for an application is 3000. The minimum amount of investment required by retail investors is ₹1,38,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,47,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹2,94,000. Jawa Capital Services Private Limited is the book-running lead manager of the Ganga Bath Fittings IPO, while Kfin Technologies Limited is the registrar for the issue. Refer to Ganga Bath Fittings IPO DRHP for detailed information.
Incorporated in 2018, Ganga Bath Fittings Limited manufactures and supplies various bathroom accessories, including CP taps, showers, sanitary wear, ABS fittings, door handles, vanities, sinks, and more.
The company's manufacturing facilities are technologically aligned to develop and manufacture products that meet its customers' stringent quality control requirements.
The company manufactures customized components based on customer specifications, ensuring quality and timely delivery.
It also offers personalized services to its strong customer base across India.
The company offers an extensive product portfolio under the brand name "GANGA," including:
- CP Bath Fittings: Chrome-plated faucets and fixtures are designed for durability and aesthetic appeal.
- Sanitary Ware: A variety of sanitary products catering to both residential and commercial needs.
- PTMT Taps: Polytetra Methylene Terephthalate taps are known for their strength and resistance to wear.
- Stainless Steel Showers: High-quality stainless steel showers offering longevity and modern design.
- ABS Accessories: Acrylonitrile Butadiene Styrene-based bathroom accessories that are lightweight yet sturdy.
The company's state-of-the-art manufacturing facility is located in Shapar-Veraval, Gujarat. It employs advanced technology and skilled manpower to ensure product excellence.
As of 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 company maintains a network of over 2,500 distributors who have been affiliated with us for an extended period.
The company has ISO 9001:2015 certification for Quality Management Systems regarding the design, manufacture, and supply of brass bath fittings, sanitary wares, PTMT, taps, stainless steel showers, stainless steel gullies, ABS taps, and all kinds of accessories.
As of December 2024, the company has 2 Executive Directors and 155 employees on its payroll.
Competitive Strength:
- Experienced Promoters and Management Team
- Wide range of Products.
- Long-standing relationship with distributors, clients and suppliers.
- Strong & experienced R&D team.
- High Quality standards.
FAQs About Ganga Bath Fittings Ipo
Ganga Bath Fittings IPO will open on 04 Jun, 2025 and close on 06 Jun, 2025. Investors must apply within this period to participate.
The Ganga Bath Fittings IPO price band is set between ₹46.00 and ₹49.00 per share. The minimum lot size is 3000, requiring an investment of at least ₹147000.00.
The Ganga Bath Fittings IPO shares are expected to be listed on 11 Jun, 2025, subject to regulatory approvals and final allotment.
You can track your Ganga Bath Fittings IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Ganga Bath Fittings IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.