Ganga Bath Fittings Limited
- Minimum Investment₹1,38,000
- Price Range₹46 - ₹49
- Issue Size₹32.65 Cr
- Lot Size3000 shares
This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.
Proceeds of this IPO to be used for
Capital expenditure towards the purchase of equipment/machinery, etc
Repayment/prepayment of certain borrowings availed by the company
Funding working capital requirements; and
General corporate purpose
Strengths & Weaknesses of Ganga Bath Fittings Limited
Diverse product portfolio
The company offers a wide range of products across multiple units, with 250 SKUs in the GI unit, 32 in the GBS unit, and 150 in the GPI segment. Its offerings include bathroom accessories such as CP taps and parts, showers, sanitary ware, ABS and PTMT taps, door handles, vanities, sinks, stainless steel showers, and drain systems
Certified product quality
The company prioritizes delivering quality products at competitive prices and continuously improves its production processes. It holds ISO 9001:2015 certification for Quality Management Systems, covering the design, manufacture, and supply of various products including brass bath fittings, sanitary ware, PTMT taps, and accessories
Strong distribution network
The company maintains long-standing relationships with over 2,500 distributors, enhancing its ability to reach a wider customer base and engage early in the sales process. It consistently works to strengthen ties with distributors, clients, and suppliers
Leased manufacturing premises
The company operates from manufacturing units located on leased premises owned by third parties, including entities affiliated with the promoters. If these lease agreements are terminated or not renewed on favourable terms, it could disrupt operations and adversely affect the company’s business, financial condition, and results
Raw material volatility
The company’s key raw materials—brass, steel, and plastic—are subject to significant price and supply fluctuations due to various external factors, including global demand, commodity pricing, and geopolitical conditions
No long-term contracts
The company does not maintain long-term agreements with most suppliers or customers. This lack of contract stability may lead to demand uncertainty, loss of key relationships, and working capital challenges. Inaccurate demand forecasting or inventory mismanagement could also adversely affect the company’s financial results and operations
Financials
Earnings Per Share
No Data
Balance Sheet
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Cash Flow
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About Ganga Bath Fittings Limited
- PromoterTusharkumar Vithaldas Tilva
- PromoterJimmy Tusharkumar Tilva
- PromoterSajan Tusharbhai Tilva