Ganga Bath Fittings IPO is a bookbuilding of ₹32.65 crores. The issue is entirely a fresh issue of 66.63 lakh shares.
Ganga Bath Fittings IPO bidding opened for subscription on June 4, 2025 and will close on June 6, 2025. The allotment for the Ganga Bath Fittings IPO is expected to be finalized on Monday, June 9, 2025. Ganga Bath Fittings IPO will be list on NSE SME with a tentative listing date fixed as Wednesday, June 11, 2025.
Ganga Bath Fittings IPO price band is set at ₹46 to ₹49 per share. The minimum lot size for an application is 3000. The minimum amount of investment required by retail investors is ₹1,38,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,47,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹2,94,000.
Incorporated in 2018, Ganga Bath Fittings Limited is engaged in the manufacturing and supply of a wide range of bathroom accessories, including CP taps, showers, sanitary ware, ABS fittings, door handles, vanities, sinks, and more. The company operates state-of-the-art manufacturing facilities in Shapar-Veraval, Gujarat, which are equipped with advanced technology and skilled manpower to ensure high-quality production standards.
Ganga Bath Fittings focuses on developing customized components based on client specifications, ensuring strict adherence to quality control and timely delivery. The company also provides personalized services to its strong customer base across India. Its extensive product portfolio, marketed under the brand name "GANGA," includes chrome-plated (CP) bath fittings known for their durability and aesthetic appeal, a variety of sanitary ware for residential and commercial use, PTMT taps renowned for their strength and wear resistance, high-quality stainless steel showers with modern designs, and lightweight yet sturdy ABS accessories.
As of December 2024, the company offered 250 SKUs in its GI Unit, 32 SKUs in the GBS Unit, and 150 SKUs in the GPI segment. With a robust distribution network of over 2,500 long-standing distributors, Ganga Bath Fittings continues to expand its reach. The company is ISO 9001:2015 certified for its Quality Management Systems in the design, manufacture, and supply of brass bath fittings, sanitary ware, PTMT taps, stainless steel showers and gullies, ABS taps, and related accessories.
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.