Ganga Bath Fittings IPO Subscribed 1.01x on Day 2

Ganga Bath Fittings IPO subscribed over 1.01x on its Second day of subscription, wherein QIB subscribed 2.22x, NII subscribed 0.52x, and RII subscribed 1.48x.

Ganga Bath Fittings IPO subscription started on Wednesday, June 4, 2025, and will close on Friday, June 6, 2025, as per the schedule. The price band is set at ₹46 to ₹49 per share with a face value of ₹10.

Ganga Bath Fittings IPO Subscription Status

Ganga Bath Fittings IPO subscribed over 1.01x on its Second day till 05.00 PM on 5th June 2025.

Ganga Bath Fittings IPO subscription QIB investors portion is 2.22x times, while NII subscribed 0.52x times, and RII investors subscribed 1.48x times.
The company has received bids for 64,08,000 shares against 63,27,000 shares on offer on the second day.
Ganga Bath Fittings IPO subscribed over 0.45x on day 1.
Ganga Bath Fittings IPO subscribed over 1.01x on day 2.

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 crores in 2023. The company reported a profit of ₹2.48 crores in 2024 against a profit of ₹0.31 crores in 2023.

Ganga Bath Fittings IPO GMP:

Ganga Bath Fittings IPO GMP was ₹3 as of Thursday, 5th June, 2025. That indicates the IPO is trading at ₹52 with a ₹3 premium in the grey market against the issue price of ₹49.

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.