Price Band
₹46 - ₹49
Lot Size
3000
Issue Size
₹32.65 Cr
GMP
N/A
Subscription
1.64x
Analyzing...
IPO Schedule
1
Open
4 Jun 2025
2
Close
6 Jun 2025
3
Allotment
-
4
Listing
11 Jun 2025
About Ganga Bath Fittings
Ganga Bath Fittings is an SME engaged in the manufacturing and supply of bath fittings and accessories. They cater to a specific market segment within the broader sanitaryware industry.
Key Strengths
- Established presence in its target market segment.
- Consistent ROE of 15.07% indicates profitability and efficient capital utilization.
- Potential for growth in the bath fittings and accessories market.
- Experience in the bath fittings industry
- Strong relationships with suppliers.
Risk Factors
- •SME segment carries inherent risks associated with smaller scale operations and limited resources.
- •P/E of 30.74 suggests a relatively high valuation, potentially limiting upside.
- •Competition from larger, more established players in the sanitaryware industry.
- •Fluctuations in raw material prices may impact profitability.
Valuation Analysis
The IPO appears to be aggressively priced given the P/E ratio of 30.74, and investors should carefully consider the risks associated with investing in an SME before subscribing.
IPO Details
ExchangeNSE
SegmentSME
ISININE0ZI101018
NSE SymbolGANGABATH
Face Value₹10
Lot Size3000
Issue Size₹32.65 Cr
Key Metrics
ROE15.07%
ROCE29.80%
P/E Ratio30.74
Industry P/E20
EPS1.59
PAT Margin9.96%
Debt/Equity0.87
Growth & Quality
ProfitableYes ✓
Subscription
Total0.45x
Imbalance Ratio1.4x
Documents
RHP not available
Key Dates
Open Date4 Jun 2025
Close Date6 Jun 2025
Listing11 Jun 2025