Ganga Bath Fittings IPO Subscribed 1.64x on Day 3

Ganga Bath Fittings IPO subscribed over 1.64x on its last day of subscription, wherein QIB subscribed 2.22x, NII subscribed 0.73x, and RII subscribed 2.55x.

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 1.64x on its last day till 05.00 PM on 6th June 2025. 

  • Ganga Bath Fittings IPO subscription QIB investors portion is 2.22x times, while NII subscribed 0.73x times, and RII investors subscribed 2.55x times.
  • The company has received bids for 1,03,98,000 shares against 63,27,000 shares on offer on the last 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 ₹1 as of Friday, 6th June, 2025. That indicates the IPO is trading at ₹50 with a ₹1 premium in the grey market against the issue price of ₹49.

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