BAJAJ FINSERV DIRECT LIMITED
IPO-Insights

Ganga Bath Fittings SME IPO Details Announced

Roshani Ballal

Ganga Bath Fittings Limited, a manufacturer of sanitary hardware and bathroom fittings, is set to enter the SME segment with its upcoming Initial Public Offering (IPO) on the NSE SME platform. Ganga Bath Fittings Limited manufactures and supplies bathroom accessories and sanitary hardware. Their products include CP taps, showers, faucets, bath accessories, vanities, sinks, door handles, and drainage solutions. They serve both branded sales and contract manufacturing segments.

Key IPO Details and Timeline

The IPO is a fresh issue of 66.63 Lakh equity shares, raising approximately ₹32.65 Crores through a book-building process.

Parameter

Details

IPO Open Date

June 4, 2025

IPO Close Date

June 6, 2025

Allotment Date

June 9, 2025

Listing Date

June 11, 2025 (NSE SME platform)

Price Band

₹46 – ₹49 per share

Minimum Bid Lot

3,000 shares

Minimum Retail Investment

₹1,38,000

Minimum HNI Investment

6,000 shares (₹2,94,000)

The table above summarises the important dates and investment details for the Ganga Bath Fittings SME IPO.

Financial Performance Overview

  • Net Profit: Increased to ₹4.53 Crores as of December 2024, compared to ₹2.48 Crores at the end of FY23–24.

  • Revenue: ₹32.31 Crores during the nine months ending December 2024, higher than ₹32.01 Crores recorded in the full year ending March 2024.

  • Net Worth: Rose to ₹22.12 Crores as of December 2024, up from ₹11.05 Crores in March 2024.

  • Borrowings: Reduced to ₹10.73 Crores as of December 2024 from ₹13.70 Crores in March 2024.

  • Total Assets: Increased to ₹43.67 Crores by December 31, 2024.

These financial results provide information about the company’s recent performance. Investors should independently assess the company’s prospects and risks before investing.

What is an SME IPO

SME IPOs allow small and medium enterprises to raise capital by offering shares to the public. These shares are traded on specialised platforms like NSE SME or BSE SME, designed to support growth in smaller companies and provide investors access to emerging businesses.

Lead Manager and Registrar

  • Book Running Lead Manager: Jawa Capital Services

  • Registrar to the Issue: Kfin Technologies Limited

As with any investment, potential investors should carefully evaluate the risks and opportunities before participating.

Disclaimer

This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.

Sources

Business Standard — Schloss Bangalore (The Leela) IPO ends with 4.50x subscription https://www.business-standard.com/markets/capital-market-news/schloss-bangalore-the-leela-ipo-ends-with-4-50x-subscription-125052900614_1.html

LiveMint — Leela Hotels IPO allotment date in focus: Latest GMP, steps to check share allotment status online

https://www.livemint.com/market/stock-market-news/leela-hotels-ipo-allotment-date-in-focus-latest-gmp-steps-to-check-share-allotment-status-online-11748492158585.html

Hi! I’m Roshani Ballal
Financial Content Specialist

Roshani has over 6 years of experience and has honed her skills in performance content marketing in the financial domain. She loves diving into research and has crafted and overviewed creative copies, long-form financial content, engaging blogs, and informative articles. She specialises in delivering user-oriented content and solving problems through various content formats. On the side, Roshani enjoys writing poems-that's how she stays creative when she is not crunching numbers.

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