Ganga Bath Fittings, a leading bathroom fittings manufacturer based in Gujarat, India, will finalize its IPO allotment on June 9. Investors can check allotment status through Kfin Technologies’ portal, as the IPO saw 1.64 times subscription. Refunds and share credits are scheduled for June 10. The company’s NSE SME listing is set for June 11.
Ganga Bath Fittings, a Gujarat-based manufacturer of premium bathroom fixtures, is finalizing its Initial Public Offering (IPO) allotment today, June 9, 2025. The company, which specializes in faucets, showers, and accessories for modern and commercial bathrooms, closed its IPO subscription on June 6 after being oversubscribed 1.64 times.
The IPO received a moderate response from retail and institutional investors, indicating interest in the SME-listed company despite a neutral grey market premium. As of June 9, the shares are trading at par with the issue price of ₹49, showing no premium or discount in the grey market.
Investors who participated in the IPO can check the status of their allotment through the official IPO registrar, Kfin Technologies Ltd, by following these four steps:
- Visit the Kfin IPO Allotment Portal.
- Select Ganga Bath Fittings IPO from the dropdown menu.
- Choose a search method: PAN, Application Number, or Demat Account.
- Enter the required details and captcha, then click Submit.
Successful applicants will have shares credited to their demat accounts on June 10, 2025, while non-allottees will receive refunds on the same day. The shares will be listed on the NSE SME platform on June 11, 2025.
Ganga Bath Fittings’ IPO performance is being closely watched due to the subdued response in the grey market. The company’s issue price remains unchanged from its launch rate, which may reflect broader market sentiment or investor caution.
As the company moves towards listing, its next challenge lies in translating investor trust into long-term shareholder value.
