Mumbai, June 11 -- The scrip was listed at Rs 59, a premium of 20.41% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 59 and a low of Rs 56.05. About 15.36 lakh shares of the company changed hands at the counter.

Ganga Bath Fittings' IPO was subscribed 1.61 times. The issue opened for bidding on 4 June 2025 and it closed on 6 June 2025. The price band of the IPO was set at Rs 46- 49 per share.

The IPO comprised of a fresh issue of 66,63,000 equity shares. The promoter and promoter group shareholding diluted to 69.16% from 98.81% pre-issue.

The company intends to utilize the net proceeds to meet capital expenditure towards p...