Ganga Bath Fittings IPO Details
The Ganga Bath Fittings IPO is a book build issue with a total issue size of ₹32.65 cr, comprising of fresh issue of 6663000 equity shares. Ganga Bath Fittings IPO opened for subscription on Jun 04, 2025 and closed on Jun 06, 2025. Ganga Bath Fittings IPO is set price band at ₹46 to ₹49 per share, with a lot size of 3000 shares. Minimum investment for Retail investors was ₹294,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jun 09, 2025, and listed on the NSE on Jun 11, 2025.
Kfin Technologies Limited has been appointed as the registrar. Jawa Capital Services Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Ganga Bath Fittings IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 46 – 49
- Lot Size
- 3000
- Issue Size
- ₹32.65 Cr
- Minimum Investment
- ₹294000 (6000 Shares)
- Listing Date
- 11 June 2025
Current GMP
₹-2 (-4.08%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Ganga Bath Fittings Limited
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.
Ganga Bath Fittings IPO Promoters
- Mr. Tusharkumar Vithaldas Tilva
- Mr. Jimmy Tusharkumar Tilva
- Mr. Sajan Tusharbhai Tilva
Promoters Holding
Holding Pre Issue
98.81%
Holding Post Issue
69.16%
Ganga Bath Fittings IPO Objective
The objects of the present issue of Equity Shares are:
- Capital Expenditure towards purchase of equipment/machineries, etc.
- Repayment/prepayment of certain borrowings availed by our Company;
- Funding working capital requirements; and
- 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
Book Running Lead Managers
- Jawa Capital Services Private Limited
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 with a total issue size of ₹32.65 crore. The Ganga Bath Fittings IPO price band is ₹46 to 49 per share. The Ganga Bath Fittings IPO subscription opens on Wed, Jun 4, 2025, and closes on Fri, Jun 6, 2025. The Ganga Bath Fittings IPO will be listed on the NSE. Kfin Technologies Limited is the registrar for the Ganga Bath Fittings IPO.
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 per share.
Ganga Bath Fittings IPO lot size is 3000 shares, Retail investors need a minimum investment of ₹294000 based on the upper price band
The minimum investment for Ganga Bath Fittings IPO is ₹294000, based on one lot of 3000 shares at the upper price band of ₹49 per share.
Investors can apply for the Ganga Bath Fittings IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jun 6, 2025. The application amount remains blocked until the Ganga Bath Fittings IPO allotment is finalized.
Ganga Bath Fittings IPO issue size is ₹32.65 crores.
Ganga Bath Fittings IPO allotment date is Wed, Jul 1, 2026.
The registrar for Ganga Bath Fittings IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Ganga Bath Fittings IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.