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Ganga Bath Fittings Limited SME IPO
Issue Size (Net)
up to Rs.32.65 Cr
Price Band
Rs.46 to Rs.49 per share
Issue Opens
June 04, 2025
Issue Closes
June 06, 2025

Company Highlights

1.Company 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.

2. Objects of the Issue

S.No. Objects of the Issue Expected Amount (in Millions)
1 Capital Expenditure towards purchase of equipment/machine ries, etc. 2013.32
2 Repayment/prepay ment of certain borrowings availed by the Company 532.66
3 Funding working capital requirements
4 General Corporate Purposes

3.Ganga Bath Fittings Limited IPO Registrar
Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email:  gbfl.ipo@kfintech.com
Website:  https://kosmic.kfintech.com/ipostatus/

Ganga Bath Fittings Limited IPO Financials

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Dec-24
43.67
32.31
4.53
22.12
15.54
10.73
31-Mar-24
33.74
32.01
2.48
11.05
11.05
13.7
31-Mar-23
32.03
30.68
0.31
9.51
9.51
12.29
Amount in Rs. Crore

Ganga Bath Fittings Limited IPO Details

Issue Opening Date
June 4, 2025
Issue Closing Date
June 6, 2025
Face Value
Rs.10 per share
Price
Rs.46 to Rs.49 per share
Lot Size
3000 Shares
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)
Issue Type
Bookbuilding IPO
Listing At
NSE SME
Share holding pre issue
1,55,44,848 shares
Share holding post issue
2,22,07,848 shares
Market Maker portion
3,36,000 shares

Ganga Bath Fittings Limited IPO Timeline

Event
Tentative Date
Opening Date
Wed, Jun 4, 2025
Closing Date
Fri, Jun 6, 2025
Basis of Allotment
Mon, Jun 9, 2025
Initiation of Refunds
Tue, Jun 10, 2025
Credit of Shares to Demat
Tue, Jun 10, 2025
Listing Date
Wed, Jun 11, 2025
Cut-off time for UPI mandate confirmation
5 PM on June 6, 2025

Prospectus

Prospectus File

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ARN-0032 Validity 14-Mar-2027

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callLandline Number
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Customer Care
+91 9350316010

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