Ganga Bath Fittings Limited

Company Profile
Company Name Ganga Bath Fittings Limited
Open Date 04-06-2025
Close Date 06-06-2025
Exchange NSE SME
Lot Size 3,000 Shares
Issue Price ₹49 per share
Issue Size 66,63,000 shares
Application Amount ₹1,47,000
Recommendation Avoid
Incorporation: Incorporated in 2020, The company’s registered office is located at Rajkot, Gujrat, India. Business Activity: The company is engaged in the manufacturing and supplying of bathroom accessories including but not limited to ABS shower, ABS health faucet, ABS taps, ABS accessories, floor spring, door handles and glass connectors, Belgium mirrors, deknudt bathroom mirror, wall shelves, designer mirrors, locks without cutout, point connectors, bathtubs, bathroom vanities, bathroom sinks, bathroom mirrors, shower curtains and hooks, linear shower drains. Revenue Stream: Majority of its revenue came from the GPI unit, 100% in FY 22, FY 23, and FY 24, and 44.6% till Dec 24 Human Resource: The company had 123 employees on its payroll as on December 31, 2024,
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Financial Summary in Lakhs

KPIs Mar-22 Mar-23 Mar-24 Feb-25
Revenue 1,069.59 1,218.04 1,367.85 2,483.90
EBITDA 76.10 139.97 163.45 610.52
Net Profit 0.75 9.23 59.45 384.20
RoCE 22.70% 141.20% 358.92% 31.09%*
ROE 75.00% 923.00% 5945.00% 21.80%*
P/E 816.67 71.01 32.45 18.08*

Tentative Timeline

Opening Date 04-06-2025
Closing Date 06-06-2025
Basis of Allotment 09-06-2025
Initiation of Refunds 10-06-2025
Credit of Shares to Demat 10-06-2025
Listing Date 11-06-2025

Objects of the Issue

Capital Expenditure
To repay borrowings
Working Capital Requirements
General Corporate Purpose

Contact Information

Registered Office Ganga Bath Fittings Limited Survey No. 121, Nr. Vraj Industrial Estate SIDC Road, B/H Shantidham Residency Veraval (Shapar), Kotda Sangani, Rajkot, Gujarat
Phone +91-9033863882
Email cs@gangabathfittings.com
Website https://gangabathfittings.com/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222
Email gbfl.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Other Shares Offered 31,98,000 (47.99%)
Retail Shares Offered 31,29,000 (46.96%)
Market Maker Shares Offered 3,36,000 (5.04%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 98.81%
Share Holding Post Issue (Promoters) 69.16%

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