Ganga Bath Fittings IPO Details
| IPO Open Date: | June 4, 2025 |
| IPO Close Date: | June 6, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹46 to ₹49 Per Share |
| Issue Size: | Approx ₹32.65 Crores |
| Fresh Issue: | Approx ₹32.65 Crores |
| Issue Type: | Book Build Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Ganga Bath Fittings IPO Market Lot
The Ganga Bath Fittings IPO minimum market lot is 3000 shares with ₹1,47,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3000 | ₹1,47,000 |
| Retail Maximum | 1 | 3000 | ₹1,47,000 |
| S-HNI Minimum | 2 | 6000 | ₹2,94,000 |
Ganga Bath Fittings IPO Dates
The Ganga Bath Fittings IPO date is June 4 and the close date is June 6. The Ganga Bath Fittings IPO allotment will be finalized on June 9 and the IPO listing on June 11.
| IPO Open Date: | June 4, 2025 |
| IPO Close Date: | June 6, 2025 |
| Basis of Allotment: | June 9, 2025 |
| Refunds: | June 10, 2025 |
| Credit to Demat Account: | June 10, 2025 |
| IPO Listing Date: | June 11, 2025 |
Promoters of Ganga Bath Fittings IPO
The promoters of the company are Mr. Tusharkumar Vithaldas Tilva, Mr. Jimmy Tusharkumar Tilva, and Mr. Sajan Tusharbhai Tilva.
About Ganga Bath Fittings IPO
Ganga Bath Fitting Limited was founded in 2018 and is one of the leading manufacturers and exporters of Bathroom Accessories, which includes CP taps and their parts, showers, bath accessories, Sanitary wear, ABS Shower, ABS Health faucet, ABS Taps, ABS Accessories, PTMT Taps, Door Handles, Bathroom Vanities, Bathroom Sinks, SS Showers, Shower Drains, SS Channel Drainer etc, under its own brands: Ganga, Glimpse, Stepian, and Tora. Ganga Bath Fitting Ltd. manufactures bath fittings and accessories for other brands through contract manufacturing. The company’s factories incorporate modern technology to make sure each of its products goes through strict quality checking to meet the customer quality standards. The company also offers services that consist of customized products that will meet the quality and on-time delivery standards across India. The company has 2 Executive Directors and 155 employees as of December 2024.
Ganga Bath Fittings IPO Company Financial Report
The company reported revenue of ₹32.01 crores in 2024 against ₹30.68 crore in 2023. The company reported profit of ₹2.48 crores in 2024 against profit of ₹0.31 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹22.34 | ₹22.16 | ₹0.21 | ₹29.87 |
| 2023 | ₹30.68 | ₹30.20 | ₹0.31 | ₹32.03 |
| 2024 | ₹32.01 | ₹28.41 | ₹2.48 | ₹33.74 |
| December 2024 | ₹32.31 | ₹26.33 | ₹4.53 | ₹43.67 |
Ganga Bath Fittings IPO Valuation – FY2024
Check Ganga Bath Fittings IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 15.07% |
| ROCE: | 358.93% |
| EBITDA Margin: | 12.04% |
| PAT Margin: | 4.38% |
| Debt to equity ratio: | 0.49 |
| Earning Per Share (EPS): | ₹2.71 (Basic) |
| Price/Earning P/E Ratio: | 18.08 |
| Return on Net Worth (RoNW): | 26.57% |
| Net Asset Value (NAV): | ₹16.61 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Hindware Home Innovation Limited | (4.98) | (75.64) | (41.33)% | 12.05 | – Cr. |
| Cera Sanitaryware Limited. | 183.89 | 36.88 | 17.81% | 1032.26 | – Cr. |
Objects of the Issue
- Capital Expenditure towards purchase of equipment/machine ries, etc.
- Repayment/prepay ment of certain borrowings availed by the Company
- Funding working capital requirements
- General corporate purposes.
Ganga Bath Fittings IPO Review
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Ganga Bath Fittings IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Jawa Capital Services Private Limited
Company Address
Ganga Bath Fittings Limited
Survey No. 121, Nr. Vraj Industrial Estate
SIDC Road, B/H Shantidham Residency
Veraval (Shapar), Kotda Sangani,
Phone: +91-9033863882
Email: [email protected]
Website: https://gangabathfittings.com/
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Note: The Ganga Bath Fittings IPO price band and date are officially announced. The (Ganga Bath Fittings IPO grey market premium) will be added to the IPO GMP page as it will start).
