Home Mainline IPOs Ganga Bath Fittings IPO
Orion Industries logo

Ganga Bath Fittings IPO

Open Sme
NSE 04 June - 06 June 2025
Ganga Bath Fittings Limited IPO is a book build issue of 32.65 Cr. The issue is entirely a fresh issue of 6663000 shares aggregating to 32.65 Cr. Ganga Bath Fittings Limited IPO opened for subscription on Jun 04, 2025 and closed on Jun 06, 2025. The allotment for the this IPO was finalized on Jun 09, 2025. IPO was listed on NSE and BSE on Jun 11, 2025. Ganga Bath Fittings Limited IPO is set issue price band at ₹46 to ₹49 per share.

Current GMP

₹-2 (-4.08%)

Price Band

₹ 46 – 49

Lot Size

3000

Issue Size

₹32.65 Cr

Minimum Investment

₹294000 (6000 Shares)

Listing Date

11 June 2025

Subscription

1.7x

About the Company

Ganga Bath Fittings Limited, originally founded as a partnership firm named Ganga Plast Industries in 2018 by Mr. Tusharkumar Vithaldas Tilva and family members, began with a focus on manufacturing ABS showers, faucets, taps, and other bath accessories. In 2020, the firm was converted into Ganga Plast Industries LLP to streamline operations and support business growth. The business continued to evolve and was incorporated as a public limited company, Ganga Plast Industries Limited, on May 22, 2024. Shortly after, on July 3, 2024, the company was renamed Ganga Bath Fittings Limited.

Following a business transfer agreement dated June 10, 2024, Ganga Bath Fittings Limited acquired the businesses of Ganga Industries and Ganga Bathing Solution, both involved in manufacturing bath fittings and accessories. While Ganga Bathing Solution was dissolved, Ganga Industries remains in existence as the property owner of the company’s registered office and GI Unit, though it no longer carries on any business operations.

Currently, Ganga Bath Fittings Limited manufactures and supplies a wide range of bathroom accessories and fittings such as CP taps, showers, ABS and PTMT taps, health faucets, sanitary ware, door handles, bathroom sinks, vanities, SS showers, and linear shower drains. The company operates through three main business verticals: (1) manufacturing and selling products under its own brands—Ganga, Glimpse, Stepian, and Tora; (2) contract manufacturing for OEMs; and (3) trading and branding sanitary ware under the Ganga brand.

With three manufacturing units, the company emphasizes quality control and timely, customized production aligned to client specifications. It is ISO 9001:2015 certified and backed by a skilled management team and an experienced board of directors. Ganga Bath Fittings Limited maintains strong relationships with its customers across India, with a focus on innovation, new product designs, and continuous engagement to stay aligned with market trends.

Promoters

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

Holding Pre Issue

98.81%

Holding Post Issue

69.16%

Objects of the Issue

The objects of the present issue of Equity Shares are:

  1. Capital Expenditure towards purchase of equipment/machineries, etc.
  2. Repayment/prepayment of certain borrowings availed by our Company;
  3. Funding working capital requirements; and
  4. General Corporate Purpose

Address / Contact Info

Ganga Bath Fittings Limited
Survey No. 121, Nr. Vraj Industrial Estate,
SIDC Road, B/H Shantidham Residency,
Veraval(Shapar), Kotda Sangani, 
Rajkot, Gujarat 360024

Phone: +91-9033863882
Email: info@mandeepautoindustries.com
Website: https://gangabathfittings.com/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 46 – 49
Lot Size3000
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 32.65 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 32.65 Cr
Listing AtNSE
Industry
Sector
QIB Quota1.1%
Retail Quota49.45%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Ganga Bath Fittings IPO is a Book-building IPO worth ₹32.65 crores. The price band is ₹46 to 49 per share. The IPO opens on Wed, Jun 4, 2025 and closes on Fri, Jun 6, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The Ganga Bath Fittings IPO opens on Wed, Jun 4, 2025 and closes on Fri, Jun 6, 2025

Ganga Bath Fittings IPO Price Band is ₹46 to 49.

Ganga Bath Fittings IPO lot size is 3000, and the minimum amount required for application is ₹294000.

The minimum investment for Ganga Bath Fittings IPO is approximately ₹294000 based on the upper price band.

To apply for the Ganga Bath Fittings IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Jun 6, 2025. After submission, funds are blocked until the basis of allotment of Ganga Bath Fittings IPO is finalised.

Ganga Bath Fittings IPO issue size is ₹32.65 crores.

Ganga Bath Fittings IPO allotment date is Sat, Jun 27, 2026.

The registrar for Ganga Bath Fittings IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Ganga Bath Fittings IPO through their official website or helpline.

The Ganga Bath Fittings IPO GMP (Grey Market Premium) is ₹-2 as of Wed, Jun 11, 2025. Based on the upper price band of ₹49 per share, the estimated Ganga Bath Fittings IPO listing price is ₹47, indicating a potential listing gain of approximately 31% over the issue price.