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Ganga Bath Fittings Limited IPO

Ganga Bath Fittings Limited IPO

IPO Date :
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Listing Date :
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Listed Price: ₹ 59.00 (+20.41%)

Ganga Bath Fittings Limited's achieved publicly listed status following its IPO debut on 11-06-2025 at the NSE platform. The offering successfully mobilized 66,63,000 Shares, with 66,63,000 Shares allocated to corporate growth initiatives.

Investment participation occurred within the established price band of ₹46 to ₹49, starting from minimum lots of 3000 shares. The subscription window from 04-06-2025 through 06-06-2025 enabled investor participation across market segments.

Share allocation was completed on 09-06-2025, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Ganga Bath IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Ganga Bath IPO Key Performance Indicator
Company Financials ( In Crores )

Ganga Bath IPO About Company

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.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Ganga Bath IPO Strength Factors

  1. Experienced Promoters & Management: Skilled leadership team with deep industry knowledge fostering growth and innovation.
  2. Diverse Product Portfolio: Broad selection of high-quality bathroom fittings tailored to different customer preferences.
  3. Established Distribution Network: Robust network of 2,500+ distributors, clients, and suppliers nationwide.

Ganga Bath IPO Risk Factors

  1. Leased Manufacturing Premises: Reliance on rented facilities introduces potential risks to operational continuity.
  2. High Trade Receivables: Large share of assets in receivables could strain liquidity and overall financial stability.
  3. Regulatory Compliance Risk: Inability to secure or renew essential licenses and approvals may hinder business operations.

Ganga Bath IPO Lead Manager(s)

  • Jawa Capital Services Private Limited

Ganga Bath IPO Promoter(s)

  1. Mr. Tusharkumar Vithaldas Tilva
  2. Mr. Jimmy Tusharkumar Tilva
  3. Mr. Sajan Tusharbhai Tilva

Ganga Bath IPO Company Details

Ganga Bath Fittings Limited
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address:

Ganga Bath IPO Registrar

Kfin Technologies Limited
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Ganga Bath IPO FAQs