IPO Schedule
1
Open
4 Jun
2
Close
6 Jun
3
Allotment
-
4
Listing
11 Jun
Ganga Bath Fittings IPO
Issue:₹49
List:₹59
CMP:₹18.7
NSELot: 3000SME
LISTEDSME
Issue Price₹49
Listing₹59
Current₹18.7
Content
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.
Subscription Status
QIB
2.22x
NII
0.35x
Retail
0.52x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 2.22x | 2.22x | 2.22x |
| NII | 0.73x | 0.52x | 0.35x |
| Retail | 2.55x | 1.49x | 0.52x |
| Total | 1.64x | 1.02x | 0.45x |
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.