Ganga Bath Fittings IPO is a book-built issue IPO, aiming to raise ₹32.65 crore. It is an entirely fresh issue of 66.63 lakh shares. The bidding window was open from June 4, 2025, to June 6, 2025, with the IPO allotment to be finalised today on June 9, 2025. Ganga Bath Fittings is scheduled to list on NSE SME on June 11, 2025.
The IPO was priced at a range of ₹46 – ₹49 per share with a lot size of 3000 shares. The public issue received bids for 1,03,98,000 shares against 63,27,000 shares available, resulting in an overall subscription of 1.64 times. QIBs led the response, subscribing 2.22 times their quota, followed by retail investors at 2.55 times.
● Go to the application status page.
● Select "Equity and SME IPO bids".
● Choose "Ganga Bath Fittings" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on Submit.
● Go to the application status page.
● Select "Equity" under the Issue Type.
● Choose "Ganga Bath Fittings" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on “I am not a robot” and submit.
● Go to the registrar’s official website.
● Select "Ganga Bath Fittings" from the company list.
● Enter your Client ID, Application Number, or PAN.
● Click on Submit.
Ganga Bath Fittings' ₹32.65 crore IPO, priced between ₹46 – ₹49 per share, was subscribed 1.64 times overall. The IPO is an entirely fresh issue of 66.63 lakh shares. Bidding took place from June 4 to June 6, 2025, with the Ganga Bath Fittings IPO allotment status on June 9, 2025. Retail investors subscribed 2.55 times and NIIs 0.73 times. Listing is expected on June 11, 2025.
The table below breaks down the Ganga Bath Fittings share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 3,36,000 (5.04%) |
| QIB Shares Offered | 69,000 (1.04%) |
| NII (HNI) Shares Offered | 31,29,000 (46.96%) |
| Retail Shares Offered | 31,29,000 (46.96%) |
| Total Shares Offered | 66,63,000 (100%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 2.22 |
| Non-Institutional Investors | 0.73 |
| Retail Individual Investors | 2.55 |
| Total shares | 1.64 |
Note: The subscription details are as of June 6, 2025
Ganga Bath Fittings Limited, previously known as Ganga Plast Industries Limited, is engaged in the manufacturing and supply of a wide range of bathroom accessories and bath fittings. The company traces its roots to 2018 when it began as a partnership firm named Ganga Plast Industries.
In 2020, the firm was converted into a Limited Liability Partnership (LLP) to improve management and operational efficiency. Later, in 2024, the LLP transitioned into a public limited company and was renamed Ganga Bath Fittings Limited.
The company expanded its operations by acquiring businesses of Ganga Industries and Ganga Bathing Solution. While Ganga Bathing Solution was dissolved, Ganga Industries continues to exist as the owner of the premises where the company's registered office and GI Unit are located.
Ganga Bath Fittings Limited now manufactures and supplies products such as CP taps, ABS showers, health faucets, PTMT taps, bathroom vanities, and SS shower drains. It generates revenue through three business verticals: selling products under its own brands like Ganga, Glimpse, Stepian, and Tora; contract manufacturing for OEMs; and trading sanitary ware, which is branded and sold under the Ganga name.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 9, 2025, 7:42 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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