Ganga Bath Fittings shares list at a 20.4% premium from the issue price on NSE Emerge

Ganga Bath Fittings, a Gujarat-based manufacturer and supplier of bathroom accessories and bath fittings, made a strong stock market debut today, 11 June 2025. 

With the issue price of ₹49, the shares listed at ₹59 on NSE SME, a bumper premium of 20.4%. After a strong listing, the shares were trading at ₹56.05 as of 12 PM. 

The company aimed to raise ₹32.65 crore through the IPO, consisting entirely of a fresh issuance of 66.63 lakh equity shares. 

The IPO was open for bidding from June 4, 2025, to June 6, 2025, during which investors placed bids for 1.07 crore shares against the 63.27 lakh shares offered. 

The proceeds are intended to be used to repay/prepay borrowings, fund working capital, for general corporate purposes, and to purchase equipment/machinery, etc. 

About the Company

Ganga Bath Fittings manufacturers and supplies a wide range of bathroom accessories, including ABS showers, health faucets, taps, and other products. The company also procures ready-made sanitary ware products from third parties and sells them under its brand name. 

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