Ganga Bath Fittings Ltd. IPO

Presently our Company is engaged in the business of manufacturing and supplying Bathroom Accessories including but not limited to bath fittings items such as CP taps and their parts, showers, bath accessories, Sanitary wear, ABS Shower, ABS Health faucet, ABS Taps, ABS Accessories, PTMT Taps, ... Door Handles, Bathroom Vanities, Bathroom Sinks, SS Showers, Shower Drains, SS Channel Drainer etc. Presently our Company has three units where the activities as stated aforesaid are carried out. The details of the three units are provided hereunder: 1. GI UNIT/ GANGA INDUSTRIES UNIT: This unit belonged to partnership firm M/s Ganga Industries, the business of which was acquired by our Company w.e.f. May 31, 2024, in terms of Business Transfer Agreement dated June 10, 2024. GI Unit which operated under the partnership firm, commenced its manufacturing operations in the year 2015. This unit is primarily engaged in manufacturing of CP taps and their parts. Subsequently in the year 2018, this unit started trading in Bathroom Vanities, Bathroom Sinks, Sanitary wear etc. The products manufactured at the GI Unit of the Company are marketed under the brand names Ganga, Glimpse, and Stepian. Furthermore, the sanitary ware traded under GI Unit is done under the brandname of Ganga. The GI unit of the Company is situated at Survey No - 121 Near Vraj Industrial Estate Veraval (Shapar), Kotda, Sangani, Rajkot, Gujarat – 360024, which is also the registered office of the Company. 2. GBS UNIT/ GANGA BATHING SOLUTION UNIT: This unit belonged to erstwhile partnership firm M/s Ganga Bathing Solution, the business of which was acquired by our Company w.e.f. May 31, 2024, in terms of Business Transfer Agreement dated June 10, 2024. GBS Unit which operated under the erstwhile partnership firm, commenced its manufacturing operations in the year 2021. This unit is primarily engaged in manufacturing of SS Showers, Shower Drains, SS Channel Drainer etc. The products manufactured at the GBS Unit of the Company are marketed under the brand name Tora. The GBS unit of the Company is situated at Plot No.5, Survey No.180, Nr. Anand Ginning, B/H. Charbhuja Ind. Veraval (Shapar), Rajkot, Gujarat – 360024. 3. GPI UNIT/ GANGA PLAST INDUSTRIES UNIT: This unit belonged to erstwhile partnership firm M/s Ganga Plast Industries. In the year 2020, the said partnership firm was converted from Ganga Plast Industries to "Ganga Plast Industries LLP", a LLP incorporated under the Limited Liability Partnership Act, 2008. Thereafter, in the year 2024, the said LLP was converted into a public Company and consequently incorporated as Ganga Plast Industries Limited, under the provisions of the Companies Act, 2013. Thereafter, pursuant to a special resolution passed by the Shareholders at their Extraordinary General Meeting held on June 07, 2024, the name of Ganga Plast Industries Limited was changed to Ganga Bath Fittings Limited. GPI Unit which was initially operated under the erstwhile partnership firm, commenced its manufacturing operations in the year 2019. This unit is primarily engaged in manufacturing of PTMT Taps, ABS Showers, ABS Health Faucets, ABS Taps, ABS Accessories, etc. The products manufactured at the GPI Unit of the Company are marketed under the brand name Ganga. The GPI unit of the Company is situated at Survey No.171/1, Plot No.11, S.I.D.C. Main Road, Opp. Marshal Technocast, Veraval (Shapar), Rajkot, Gujarat – 360024. Our manufacturing facilities are technologically aligned to develop and manufacture the products that adhere to the stringent quality control requirements of our customer. We also manufacture customized components as per our customer’s specific requirements, while ensuring that our products meet the quality and are manufactured as per our customer’s specification in a timely manner. We also offer personalized services to our strong customer base across India. Our focus is to consistently expand our product portfolio by developing new designs. We share a longstanding relationship with our customers and we receive majority of our business from repetitive clients. We constantly engage with our customers through marketing via personal interactions and updating them on our capabilities and strengths. Our sales team works closely with our customers to obtain their insights and feedback about the upcoming trends in the industry which enables us to develop and improve our products to fulfil the requirements of the market. Our Company is backed by skilled professionals with years of experience in Bathroom fittings and Accessories and has ISO 9001:2015 certification. Read more

BATH FITTING AND SANITARY WARE INDUSTRY
Overview of the Bath fitting and Sanitary Ware Industry:
India Sanitary Ware Market has valued at USD318.8 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 7.9% through 2029. The India Sanitary Ware ... Market is a dynamic and rapidly evolving sector within the country’s construction and home improvement industry. Sanitary ware encompasses a wide range of products, including toilets, washbasins, faucets, showers, and bath accessories, all designed for use in residential, commercial, and institutional spaces. India is experiencing a profound shift towards urban living, with millions of people moving to cities and towns in search of better opportunities. This urbanization has spurred the construction of residential and commercial properties, leading to increased demand for modern and aesthetically pleasing sanitary ware products. Government initiatives such as "Swachh Bharat Abhiyan" (Clean India Campaign) have raised awareness about sanitation and hygiene, emphasizing the importance of well-designed and efficient sanitary ware products. This has boosted the adoption of modern bathroom fixtures and accessories. Consumers are increasingly inclined toward bathroom spaces that offer comfort, style, and water efficiency. As a result, there is a growing demand for premium and technologically advanced sanitary ware products that enhance the overall bathroom experience. Read more