
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹49
Band: ₹46 – ₹49
Estimated Listing Price
₹47
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,47,000
Estimated Profit / Lot
₹0
3000 × ₹-2
Grey Market Premium trend
-₹2
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | -₹2 | -4.1% | ₹47 |
| 30 Oct 2026 | -₹2 | -4.1% | ₹47 |
| 29 Oct 2026 | — | -3.7% | ₹47 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Ganga Bath Fittings Limited IPO is ₹-2, which indicates an expected listing price of ₹47.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.