Ganga Bath Fittings Limited Announces IPO to Fuel Growth Ambitions

Ganga Bath Fittings Limited is set to launch its Initial Public Offering on June 4, 2025, to raise Rs 32.65 Crore. The funds will be used for capital expenditure, debt reduction, and general corporate purposes. The issue closes on June 6, 2025, and shares will be listed on NSE Emerge.

Ganga Bath Fittings Limited, a prominent manufacturer of bathroom accessories, has announced the launch of its Initial Public Offering (IPO) on June 4, 2025. The Mumbai-based company aims to raise Rs 32.65 Crore with shares pegged to be listed on the NSE Emerge platform.

The IPO consists of 66,63,000 equity shares, priced between Rs 46 and Rs 49 each. The offering is structured to benefit different investor segments, including institutional buyers, non-institutional investors, retail investors, and market makers.

This capital influx will enable the company to purchase new machinery, repay certain debts, and bolster working capital. Jimmy Tusharkumar Tilva, the Managing Director, views this IPO as a pivotal moment for Ganga Bath Fittings, signaling growth and deeper market penetration.

(With inputs from agencies.)