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IPO Synopsis

Ganga Bath Fittings Ltd
Initial public offer of upto 66,63,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Ganga Bath Fittings Limited (formerly known as Ganga Plast Industries Limited) ("The Company" or "GBFL" or "The Issuer") at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores ("Public Issue") out of which 3,36,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e., issue of 63,27,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 33% and 28.49% respectively of the post-issue paid-up equity share capital of the company. 

Price Band:  Rs. 46 to Rs. 49 per equity share of the face value of Rs. 10 each.

The floor price is 4.6 times of the face value of the equity shares and in cap price is 4.9 times of the face value.

Bids can be made for a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.
Issue
Opens On Closes On
04-Jun-25 06-Jun-25
Money Payable On
Application Allotment
46.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Jawa Capital Services Pvt Ltd
Project Financed through Current Offer (.Cr) 30.65  
Post Issue Equity Share Capital (.Cr) 22.21
Issue Price () 46.00
Projects
Capital exp towards purchase of equipment/machineries etc
Repayment/prepayment of certain borrowings availed by the company
Funding working capital requirements
General corporate purposes
Promoted By
Tusharkumar Vithaldas Tilva
Jimmy Tusharkumar Tilva
Sajan Tusharbhai Tilva
Listing At
NSE - SME
Registrar to the Issue
KFin Techologies Ltd
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