
Capital Goods / Industrial Goods · NSE
Ganga Bath Fittings Limited, established in 2018, is engaged in the manufacturing and supply of a wide range of bathroom accessories such as CP taps, showers, sanitary ware, ABS fittings, door handles, vanities, sinks, and more. The company’s production facilities are equipped with modern technology to meet high-quality standards and cater to customized customer requirements. Ganga Bath Fittings focuses on timely delivery and personalized services, serving a broad customer base across India. Its product range is marketed under the brand name "GANGA" and includes chrome-plated bath fittings known for their durability and sleek design, sanitary ware for both homes and commercial spaces, PTMT taps recognized for their strength and durability, stainless steel showers with a modern look, and ABS accessories that are lightweight yet sturdy. The company operates from a state-of-the-art facility located in Shapar-Veraval, Gujarat, where skilled manpower and advanced machinery ensure quality production. By December 2024, the company had developed 250 SKUs in its GI Unit, 32 in its GBS Unit, and 150 in its GPI segment. It has built a strong distribution network with over 2,500 long-standing distributors. Ganga Bath Fittings is ISO 9001:2015 certified for quality management in the design, manufacturing, and supply of various bathroom fittings and accessories. The company employs 155 people and is led by two Executive Directors.
Price Band
₹46 – ₹49
Issue Size
₹32.65 Cr
Lot Size
3000 shares
GMP
-4.1%
Est. Listing
₹47
at current GMP
Subscribed
1.61x
overall
Open
4 Jun 2025
Close
6 Jun 2025
Allotment
9 Jun 2025
Refund
10 Jun 2025
Demat Credit
11 Jun 2025
Listing
11 Jun 2025
Designated Registrar: Kfin Technologies Limited
Allotment Date
9 Jun 2025
Basis finalization
Refunds Initiate
10 Jun 2025
Mandate release
Demat Credit
11 Jun 2025
Shares in demat
Listing Debut
11 Jun 2025
Trading begins
Ganga Bath Fittings Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Goods sector with an aggregate issue size of ₹32.65 Crores. The shares are offered at a price band of ₹46 to ₹49 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-06-06, the basis of allotment is scheduled to be finalized on 2025-06-09. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.