Ganga Bath Fittings SME IPO: Allotment status, important dates, key details

Ganga Bath Fittings SME public issue, which was open for subscription from June 4 to June 6, concluded with a subscription rate of 1.61 times, according to data from the exchanges. Following the closure, applicants are now focused on the IPO allotment status, which is expected to be finalized on June 9, 2025. Are you wondering how to check your allotment status? Here’s a step-by-step guide to help you verify it via NSE, BSE, and the official registrar.

How to check Ganga Bath Fittings IPO allotment status

Once the allotment is finalized, investors can check their status through the following methods:

How to check Ganga Bath Fittings IPO allotment status on BSE website

• Visit the BSE IPO allotment page
• Select “Equity” as the issue type
• Choose “Ganga Bath Fittings SME” from the dropdown
• Enter your Application Number and PAN
• Complete the captcha
• Click “Search” to view your allotment status

How to check Ganga Bath Fittings IPO allotment status on Kfin Tech

• Go to KFin IPO status page
• Select “Ganga Bath Fittings SME”
• Choose to search using Application Number, Demat Account, or PAN
• Select application type (ASBA/Non-ASBA)
• Enter the required details and captcha
• Click “Submit” to check your status

How to check Ganga Bath Fittings IPO allotment status through NSE website

• Visit the IPO bid check portal on the NSE website
• Under ‘Equity & SME IPO bid details’, select the IPO symbol
• Enter your Application Number and PAN
• Submit to view your allotment result

Ganga Bath Fittings SME IPO | Price band, other details

The company has fixed the price band at Rs 46 to Rs 49 per share.

The minimum bid lot of the IPO is 3,000 shares, translating to a minimum investment of Rs 1,38,000 for retail investors.

For high net-worth individuals (HNIs), the minimum investment threshold was two lots (6,000 shares), amounting to Rs 2,94,000.

Ganga Bath Fittings | Financial performance

The company has shown consistent growth in its financial performance over the past few years.

It’s net profit increased to Rs 4.53 crore as of December 2024, up from Rs 2.48 crore at the end of FY23–24. In the previous two years, it was Rs 0.31 crore and Rs 0.21 crore.

In terms revenue the company has reported Rs 30.68 crore and Rs 22.34 crore for FY22–23 and FY21–22, respectively.

The company’s net worth rose to Rs 22.12 crore by December 2024, up from Rs 11.05 crore in March 2024 and Rs 9.51 crore in March 2023.

Total borrowings declined to Rs 10.73 crore as of December 2024 from Rs 13.70 crore in March 2024.

As of December 31, 2024, the company’s total assets stood at Rs 43.67 crore, compared to Rs 33.74 crore as of March 31, 2024, and Rs 32.03 crore in the previous financial year.

The company generated revenue of Rs 32.31 crore during the nine months ending December 2024 which is higher than Rs 32.01 crore recorded in the full year ended March 2024.

Ganga Bath Fittings SME IPO | Listing

After the allotment process of the IPO, the company’s shares are scheduled to be listed on the NSE SME platform on Wednesday, June 11.

Ganga Bath Fittings SME IPO | BRLM, registrar

The IPO is being managed by Jawa Capital Services, acting as the book-running lead manager. 

What does Ganga Bath Fittings do?

Ganga Bath Fittings is in the sanitary ware industry with a portfolio of bath accessories, fittings, and hardware products.

What is an SME IPO?

An SME IPO (small and medium enterprise initial public offering) is a way for small and medium-sized companies to raise money from the public by offering their shares for the first time.

These IPOs are listed on a special platform, like the NSE SME or BSE SME, which is designed specifically for smaller businesses.