Ganga Bath Fittings Limited IPO Details
SME
Ganga Bath Fittings IPO opens for subscription on 04 Jun 2025 and closes on 06 Jun 2025. The IPO will be listed on NSE with the tentative listing date set for 11 Jun 2025.
Ganga Bath Fittings IPO price band has been fixed at ₹46 – ₹49 per share.The face value is ₹10 per share with a lot size of 3000.
Ganga Bath Fittings IPO total issue size comprises 66,63,000 shares (aggregating up to ₹32.65 Cr). This includes a fresh issue of 66,63,000 shares (aggregating up to ₹32.65 Cr). Pre-issue shareholding stands at 1,55,44,848, which will increase to 2,22,07,848 post-issue.
Ganga Bath Fittings IPO Lot Size : Retain Minimum is 1 lot (3,000 shares) amounting to ₹147,000. Retain Maximum is 1 lot (3,000 shares) amounting to ₹147,000. SHNI Minimum is 2 lots (6,000 shares) amounting to ₹294,000.
The Lead Managers for Ganga Bath Fittings IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Jawa Capital Services Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Rikhav Securities. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Ganga Bath Fittings Limited RHP.
Ganga Bath Fittings IPO Details
Ganga Bath Fittings IPO Subscription
Ganga Bath Fittings IPO Application Wise Breakup
Ganga Bath Fittings IPO Dates
- 04 Jun 2025Opening dateOPD
- 06 Jun 2025Closing dateCOD
- 09 Jun 2025Allotment Date BOA
- 10 Jun 2025Initiation of RefundsIOR
- 10 Jun 2025Credit of SharesCOS
- 11 Jun 2025Listing dateLID
Ganga Bath Fittings IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 3000 | ₹147,000 |
| Retain Maximum | 1 | 3000 | ₹147,000 |
| SHNI Minimum | 2 | 6000 | ₹294,000 |
| SHNI Maximum | 0 | 0 | ₹ |
| BHNI Minimum | 0 | 0 | ₹ |
Ganga Bath Fittings IPO Reservation
Promoter Holding
Ganga Bath Fittings IPO Valuations
Ganga Bath Fittings Financial Information
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 39.81 | 10.41 | 8.61 | 7.02 |
| Revenue | 7.43 | 13.68 | 12.18 | 10.7 |
| Profit After Tax | 1.41 | 0.59 | 0.09 | 0.01 |
| Net Worth | 23.82 | 3.94 | 1.35 | 1.24 |
| Reserves and Surplus | 4.14 | |||
| Amount in ₹ Crore | ||||
About Ganga Bath Fittings IPO
Incorporated in 2018, Ganga Bath Fittings Limited manufactures and supplies various bathroom accessories, including CP taps, showers, sanitary wear, ABS fittings, door handles, vanities, sinks, and more.
The company's manufacturing facilities are technologically aligned to develop and manufacture products that meet its customers' stringent quality control requirements.
The company manufactures customized components based on customer specifications, ensuring quality and timely delivery.
It also offers personalized services to its strong customer base across India.
The company offers an extensive product portfolio under the brand name "GANGA," including:
- CP Bath Fittings: Chrome-plated faucets and fixtures are designed for durability and aesthetic appeal.
- Sanitary Ware: A variety of sanitary products catering to both residential and commercial needs.
- PTMT Taps: Polytetra Methylene Terephthalate taps are known for their strength and resistance to wear.
- Stainless Steel Showers: High-quality stainless steel showers offering longevity and modern design.
- ABS Accessories: Acrylonitrile Butadiene Styrene-based bathroom accessories that are lightweight yet sturdy.
The company's state-of-the-art manufacturing facility is located in Shapar-Veraval, Gujarat. It employs advanced technology and skilled manpower to ensure product excellence.
As of December 2024, the company had 250 SKUs in its GI Unit, 32 SKUs in its GBS Unit, and 150 SKUs in its GPI segment.
The company maintains a network of over 2,500 distributors who have been affiliated with us for an extended period.
The company has ISO 9001:2015 certification for Quality Management Systems regarding the design, manufacture, and supply of brass bath fittings, sanitary wares, PTMT, taps, stainless steel showers, stainless steel gullies, ABS taps, and all kinds of accessories.
As of December 2024, the company has 2 Executive Directors and 155 employees on its payroll.
Strength Of Ganga Bath Fittings IPO
1. Experienced Promoters and Management Team.
2. Consistently supplying quality products to our valued customers in time.
3. Continually improving the quality standards by implementing process control and prevention techniques.
4. Long-standing relationship with clients and suppliers.
5. Quality standards.
6. Legacy Business Process & Management.
Risk Of Ganga Bath Fittings IPO
1. Our business requires working capital. Any failure in arranging adequate working capital for our operations may adversely affect our business, results of operations, cash flows and financial condition.
2. We do not own the premises where our manufacturing units are located.
3. Trade receivables constitute major portion of our assets, our inability to recover the same can affect our financial position.
4. We require certain approvals and licenses in the ordinary course of business and are required to comply with certain rules and regulations to operate our business, and the failure to obtain, retain and renew such approvals and licenses or comply with such rules and regulations, and the failure to obtain or retain them in a timely manner or at all may adversely affect our operations.
6. We have a very limited operating history as a Company, which may make it difficult for investors to evaluate our historical performance or future prospects.
7. Volatility in the supply and pricing of the raw materials and stores & spares may have an adverse effect on our business, financial condition and results of operations
8. Our Company procures majority of its raw material for its manufacturing activity from the state of Gujarat any adverse developments affecting operations in this region could have a significant impact on our business, and results of operations.
9. The Proforma Unaudited Financial Information included in this Red Herring Prospectus is not indicative of our future financial condition or results of operations.
10. We do not have long-term agreements with most of our suppliers or customers and the loss of one or more of them or a reduction in their demand for our products could adversely affect our business, results of operations, financial condition and cash flows. Further, our inability to accurately forecast demand for our products or manage our inventory or working capital requirements may have an adverse effect on our business, results of operations and financial condition.
11. Our Company has reported certain negative cash flows from its Operating activity, investing activity and financing activity, details of which are given below. Sustained negative cash flows could impact our growth and business.
Objectives Ganga Bath Fittings IPO
1. Capital Expenditure towards purchase of equipment/machine ries, etc.
2. Repayment/prepay ment of certain borrowings availed by the Company
3. Funding working capital requirements
4. General Corporate Purpose
Company Contact Details
Ganga Bath Fittings Limited
Survey No. 121, Nr. Vraj Industrial Estate
SIDC Road, B/H Shantidham Residency
Veraval (Shapar), Kotda Sangani,
Phone: +91-9033863882
Email: info@mandeepautoindustries.com
Website: https://gangabathfittings.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports
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