What is the last grey market premium of Ganga Bath Fittings IPO?
Listing Review: Will update on listing.
Subscription status of Ganga Bath Fittings IPO
Ganga Bath Fittings IPO Price Rs.49 Lot 3000 shares, Rs. Crore |
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QIB | NII x | RII x | Total x | Applications |
Note: |
Ganga Bath Fittings IPO Allotment Link:
What is the business of Ganga Bath Fittings?
Ganga Bath Fittings IPO Details
3B Films IPO Details |
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IPO opens on | 4 June 2025 |
IPO closes on | 6 June 2025 |
Issue Type | Book Built Issue IPO |
Issue Size | 66,63,000 Shares / Rs 32.65 Crore |
* Fresh Issue | 66,63,000 Shares / Rs 32.65 Crore |
* Offer for Sale – | – Shares/ Rs. – Crore |
Market Maker Portion | 336000 Shares |
Net offer to Public | 6327,000 Shares Rs.31.00 Crores |
Face Value per share | Rs. 10 |
Price Band | Rs. 46-49 |
Employee discount | Rs. 0 per share |
Retail Lot Size | 3000 Shares |
Listing will at | NSE SME |
Shares offered in IPO |
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Shares | Rs. (Crore) | |
QIB (50%) | 3163500 | 15.50 |
HNI (15%) | 961200 | 4.71 |
RII (35%) | 2242800 | 10.99 |
Total Shares | 6408000 | 31.00 |
Retail portion will be oversubscribed by |
747 | |
Forms | ||
How much Shares to Apply in this IPO? | ||
Min Retail Application | 3000 Shares | Rs.147000 |
Min HNI Application | 6000 Shares | Rs. 2.94000 |
Who are the Promoters of Ganga Bath Fittings?
The promoters of the company are Mr. Tusharkumar Vithaldas Tilva, Mr. Jimmy Tusharkumar Tilva, and Mr. Sajan Tusharbhai Tilva.
What are the Objects of Ganga Bath Fittings IPO?
Capital Expenditure towards purchase of equipment/machineries, etc.
Repayment/prepayment of certain borrowings availed by the Company
Funding working capital requirements
General Corporate Purpose
Tentative timetable |
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IPO opens on | 4 June 2025 |
IPO Closes on | 6 June 2025 |
IPO Allotment on | 9 June 2025 |
Refund Initiation | 10 June 2025 |
Credit of Shares | 10 June 2025 |
Listing on | 11 June 2025 |
Registered Office of the Company Ganga Bath Fittings Limited Survey No. 121, Nr. Vraj Industrial Estate SIDC Road, B/H Shantidham Residency Veraval (Shapar), Kotda Sangani, Gujarat |
The Lead Manager of this IPO Jawa Capital Services Pvt Ltd |
Who is the Registrar to IPO? Kfin Technoliges ltd |
Ganga Bath Fittings IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Ganga Bath Fittings Financials
Period Ended | 31-Dec-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
Assets | 43.67 | 33.74 | 32.03 | 29.87 |
Revenue | 32.31 | 32.01 | 30.68 | 22.34 |
Profit After Tax | 4.53 | 2.48 | 0.31 | 0.21 |
Net Worth | 22.12 | 11.05 | 9.51 | 7.36 |
Reserves and Surplus | 15.54 | 11.05 | 9.51 | 7.36 |
Total Borrowing | 10.73 | 13.7 | 12.29 | 13.43 |
Amount in Rs Crore |
Performance Indicators
KPI | Values |
ROE | 15.07% |
ROCE | 29.80% |
Debt/Equity | 0.87 |
RoNW | 15.07% |
PAT Margin | 9.96 |
Price to Book Value | 2.95 |
EPS | Rs.1.59 |
PE Ratios | 30.74 |
How Ganga Bath Fittings IPO compares with the Peers?
Company Name | P/E (x) | RoNW (%) |
Ganga Bath Fittings | 18.08 | 26.57 |
Hindware Home | -75.64 | -41.33 |
Cera Sanitaryware | 36.88 | 17.81 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Ganga Bath Fittings IPO Review by Paresh Gordhandas, CA & Research Analyst.
+ from grey market angle:
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