
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
Overall Subscription
1.61x
Total Demand
QIB Multiplier
2.22x
Institutions & Funds
NII / HNI
0.83x
High Net-Worth
Retail (RII)
2.55x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 69,000 | 153,000 | 2.22x |
| NIB | 3,129,000 | 2,607,000 | 0.83x |
| RETAIL | 3,129,000 | 7,980,000 | 2.55x |
| Total | 6,327,000 | 10,740,000 | 1.61x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 2 | 0.00x |
| NIB | — | 147 | 0.00x |
| RETAIL | — | 2,660 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Ganga Bath Fittings Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹46 to ₹49 per equity share.
The retail lot size is 3000 shares requiring a minimum application amount of ₹1,47,000. Expected listing price is ₹47 per equity share.
The Ganga Bath Fittings Limited IPO aggregate issue size is ₹32.65 Crores with an equity price band set at ₹46 to ₹49 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,47,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.61x (Retail: 2.55x, QIB: 2.22x, NII: 0.83x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-06-09. Investors can verify status using PAN card or application number.
Ganga Bath Fittings Limited shares are scheduled to list on NSE on 2025-06-11.