31 Mar 2022
Assets29.87
Total Income22.34
Profit After Tax0.21
NET Worth7.36
Reserves and Surplus7.36
Total Borrowing13.43
At a glance
Updated 2026-08-24Ganga Bath Fittings is a SME IPO with an issue size of ₹32.65 crore, proposed for listing on NSE SME. The issue structure includes a fresh issue of ₹31.00 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹32.65 Cr
Fresh issue₹31.00 Cr
Face value₹10
Price band₹46.00–₹49.00
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Capital Expenditure towards purchase of equipment/machine ries, etc. | ₹18.95 Cr |
| Repayment/prepay ment of certain borrowings availed by the Company | ₹5.33 Cr |
| Funding working capital requirements of the Company | ₹2.70 Cr |
| General Corporate Purposes | ₹4.67 Cr |
| Issue Expenses | ₹1.00 Cr |
| Total | ₹32.65 Cr |
Financials
Full financials ↗31 Mar 2023
Assets32.03
Total Income30.68
Profit After Tax0.31
NET Worth9.51
Reserves and Surplus9.51
Total Borrowing12.29
31 Mar 2024
Assets33.74
Total Income32.01
Profit After Tax2.48
NET Worth11.05
Reserves and Surplus11.05
Total Borrowing13.70
31 Dec 2024
Assets43.67
Total Income32.31
Profit After Tax4.53
NET Worth22.12
Reserves and Surplus15.54
Total Borrowing10.73
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 15.07% |
| ROCE | 29.80% |
| Debt / Equity | 0.87% |
| RoNW | 15.07% |
| PAT Margin | 9.96% |
| EBITDA Margin | 12.04% |
| Price to Book Value | 2.95 |
Valuation & shareholding
Pre-IPO EPS1.59
Post-IPO EPS2.72
Pre-IPO P/E30.74
Post-IPO P/E18.03
Promoter holding pre98.81%
Promoter holding post69.16%
Market cap₹108.82 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Capital Expenditure towards purchase of equipment/machine ries, etc. | ₹18.95 Cr |
| Repayment/prepay ment of certain borrowings availed by the Company | ₹5.33 Cr |
| Funding working capital requirements of the Company | ₹2.70 Cr |
| General Corporate Purposes | ₹4.67 Cr |
| Issue Expenses | ₹1.00 Cr |
| Total | ₹32.65 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Jawa Capital Services Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.