Ganga Bath Fittings IPO Live
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Schedule of Ganga Bath Fittings
| Issue open date | 04 Jun 2025 |
| Issue close date | 06 Jun 2025 |
| UPI mandate deadline | 06 Jun 2025 (5 PM) |
| Allotment finalization | 09 Jun 2025 |
| Refund initiation | 10 Jun 2025 |
| Share credit | 10 Jun 2025 |
| Listing date | 11 Jun 2025 |
| Mandate end date | 21 Jun 2025 |
| Lock-in end date for anchor investors (50%) | 09 Jul 2025 |
| Lock-in end date for anchor investors (remaining) | 07 Sep 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Ganga Bath Fittings
Ganga Plast Industries started in 2018 as a partnership firm making ABS shower and bathroom accessories. In 2020, it became Ganga Plast Industries LLP to improve management and grow the business. In 2024, the LLP converted into a public company, Ganga Plast Industries Limited, keeping the same business focus. The company sells various bathroom products like ABS faucets, showers, mirrors, vanities, and more.
Financials of Ganga Bath Fittings
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹32.65 crores |
| Fresh Issue | ₹32.65 crores |
Utilisation of proceeds
| Purpose | INR crores |
| Capital Expenditure towards purchase of equipment | 201.33 |
| Repayment/prepayment of certain borrowings | 53.26 |
Strengths
- Offers a wide range of bathroom fittings under a single brand, enhancing customer convenience.
- Strong manufacturing capability with in-house facilities for multiple product categories.
- Long-standing experience in the sanitary ware and fittings industry.
- Acquired two businesses to expand product lines and capacity.
- Diversified product mix catering to varied customer preferences and price points.
Risks
- Heavily dependent on the domestic market, limiting international revenue streams.
- Exposure to fluctuations in raw material prices like metal and plastic.
- Intense competition from established brands in the sanitary ware sector.
- Regulatory risks related to quality standards and environmental compliance.
- Dependence on a limited number of suppliers for key raw materials.
Allotment Status for Ganga Bath Fittings Limited
To check your allotment status – click here.
Subscription Figures for Ganga Bath Fittings Limited
Subscription numbers as of 5:00 PM on 05 June 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 0.69 | 1.53 | 2.22x |
| NII | 31.29 | 16.23 | 0.52x |
| Retail | 31.29 | 46.08 | 1.47x |
| Total | 63.27 | 63.84 | 1.01x |