Founded in 2018, Ganga Bath Fittings Limited Productions and Supplies A Variety of Bathroom Accessories, Such as CP Taps, Showers, Sanitary Ware, Abs Fittings, Door Handles, Vanities, Vanities, Sinks, and more.
The manufacturing facilites are technologically equipped to develop and create products that align with the right with the right quality contracts of contracts of its customers. The company offers customized components according to customer specifications, ensuring both quality and prompt delivery.
Its advanced manufacturing facility is situated in Shapar-Veraval, Gujarat. Utilizing state-of-the-this-technology and a skilled workforce, the company guarantees product quality.
By December 2024, The Company Had 250 Skus in Its Gi Unit, 32 Skus in Its GBS Unit, and 150 Skus in Its GPI Segment. It maintains a network of over 2,500 distributors who have been associated with the company for a long time.
According to the Red Herring Prospectus (RHP), The Company’s Comparable Listed Entities are Hindware Home Innovation Ltd, which has a P/E of -75.64, and CERA Sanitaryware Ltd, Boasting A P/E 3688. As of December 24, The company recorded a rev the 3,229.36 lakhs, an ebitda of 728.66 Lakhs, and a pat of 452.74 Lakhs.
Ganga Bath Fittings IPO Details
Ganga Bath Fittings IPO CONSISTS of a Fresh issue of 66,63,000 Equity Shares, Aggregating to 32.65 Crore. There’s no offer for sale (ofs) component.
The funds raised from the IPO will be allocated for Capital Expenditures Related to the Acquisition of Equipment and Machinery, Settling or Repaying Some of the Company’s Borrowings, Covering Working Capital Nedes, and For General Corporate Activities. The closing date for the issue is June 06, 2025.
The book running lead manager for the issue is Jawa capital services private limited, while kfin technologies limited serves as the registrar for the issue.
Ganga Bath Fittings IPO Gmp Today
Ganga Bath Fittings IPO Gmp Today or Grey Market Premium Was 0, which meant shares was trading at their issue price of 49 with no premium or discount in the green market according to investorgain.com
‘Grey Market Premium’ Indicates Investors’ Readness to pay more than the issue price.
Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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