Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Ganga Bath Fittings IPO vs Shipwaves Online IPO

Comparison between Ganga Bath Fittings IPO and Shipwaves Online IPO.

IPO Details

Ganga Bath Fittings IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shipwaves Online IPO is a SME Fixed Price proposed to list at BSE SME.

 Ganga Bath Fittings IPOShipwaves Online IPO
LogoGanga Bath Fittings IPO LogoShipwaves Online IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersJawa Capital Services Pvt.Ltd.Finshore Management Services Ltd.
RegistrarKfin Technologies Ltd.Cameo Corporate Services Ltd.
Market MakerRikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Ganga Bath Fittings IPO is up to ₹31.00 Cr whereas the issue size of the Shipwaves Online IPO is up to ₹0.00 Cr. The final issue price of Ganga Bath Fittings IPO is ₹49.00 per share and of Shipwaves Online IPO is ₹15.00 per share.

 Ganga Bath Fittings IPOShipwaves Online IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹46.00 per share
Issue Price (Upper)₹49.00 per share
Issue Price (Final)₹49.00 per share₹15.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size3000 shares8000 shares
Fresh Issue Size63,27,000 shares4,69,60,000 shares
Fresh Issue Size (Amount)up to ₹31.00 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total63,27,000 shares0 shares
Issue Size Total (Amount)up to ₹31.00 Crup to ₹0.00 Cr

IPO Timetable

Ganga Bath Fittings IPO opens on Jun 04, 2025, while Shipwaves Online IPO opens on . The closing date of Ganga Bath Fittings IPO and Shipwaves Online IPO is Jun 06, 2025, and , respectively.

 Ganga Bath Fittings IPOShipwaves Online IPO
Anchor Bid Date
Issue OpenJun 04, 2025
Issue CloseJun 06, 2025
Basis Of Allotment (Tentative)Jun 09, 2025
Initiation of Refunds (Tentative)Jun 10, 2025
Credit of Share (Tentative)Jun 10, 2025
Listing date (Tentative)Jun 11, 2025
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Ganga Bath Fittings IPO P/E ratio is 30.74, as compared to Shipwaves Online IPO P/E ratio of 22.54.

 Ganga Bath Fittings IPOShipwaves Online IPO
Financials

Ganga Bath Fittings Limited Financial Information (Proforma Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets43.6733.7432.0329.87
Total Income32.3132.0130.6822.34
Profit After Tax4.532.480.310.21
Net Worth22.1211.059.517.36
Reserves and Surplus15.5411.059.517.36
Total Borrowing10.7313.7012.2913.43
Amount in ₹ Crore

Shipwaves Online Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 2024
Assets65.853.98
Total Income45.8197.28
Profit After Tax6.286.29
Net Worth20.3714.82
Reserves and Surplus10.925.37
Total Borrowing24.8224.14
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.8199.96
Promoter Shareholding (Post-Issue)69.1666.73
P/E Ratio30.7422.54
Market Cap₹108.82 Cr.₹212.24 Cr.
ROE15.07%48.34%
ROCE29.80%22.78%
Debt/Equity0.871.63
EPS₹1.59₹0.67
RoNW15.07%39.38%

Shares Offered

In the Ganga Bath Fittings IPO Retail Individual Investors (RII) are offered 31,29,000 shares while in Shipwaves Online IPO retail investors are offered 31,29,000 shares. Qualified Institutional Buyers (QIB) are offered 69,000 shares in Ganga Bath Fittings IPO and in Shipwaves Online IPO.

 Ganga Bath Fittings IPOShipwaves Online IPO
Anchor Investor Reserveration
Market Maker Reserveration3,36,000 shares23,52,000 shares
QIB69,000 shares
NII31,29,000 shares
RII31,29,000 shares
Employee
Others
Total63,27,000 shares

Bids Received (Subscription)

Ganga Bath Fittings IPO subscribed 1.64x in total, whereas Shipwaves Online IPO subscribed .

 Ganga Bath Fittings IPOShipwaves Online IPO
QIB (times)2.22x
NII (times)0.73x
Big NII (times)
Small NII (times)
RII (times)2.55x
Employee (times)
Other (times)
Total (times)1.64x