Ganga Bath Fittings Limited

CLOSED

SME IPO · IPO Guide

Price Band
₹46 – ₹49
Lot Size
3000Shares
Min. Investment
₹147,000
Expert Rating
Avoid
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Lot Size Calculator

Application Lots Shares Amount
Retail (Min) 1 3,000 ₹1,47,000
Retail (Max) 2 6,000 ₹2,94,000
S-HNI (Min) 3 9,000 ₹4,41,000
S-HNI (Max) 6 18,000 ₹8,82,000
B-HNI (Min) 7 21,000 ₹10,29,000

As per financials, Ganga Bath Fittings Limited has shown average growth, RoNW is 15.07% and P/E is respectively 349.22, 43.91 and 18.03 as per FY23, FY24 and annualized FY25 earnings. So, issue looks fully priced, but rise in net-profit just before IPO raises doubts. Company is engaged in the business of manufacturing and supplying Bathroom Accessories, which is highly competitive business segment. So, we give AVOID rating for this IPO. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

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