Ganesh Consumer Products IPO
Open MainLineCurrent GMP
₹-9 (-2.80%)
Price Band
₹ 306 – 322
Lot Size
46
Issue Size
₹408.8 Cr
Minimum Investment
₹14812 (46 Shares)
Listing Date
29 September 2025
Subscription
2.67x
About the Company
Ganesh Consumer Products Limited
Incorporated in 2000, Ganesh Consumer Products Limited is a fast-moving consumer goods (FMCG) company headquartered in Kolkata, West Bengal. The company has established itself as a leading brand for wheat-based derivatives such as maida, sooji, and dalia in East India.
The company offers a diversified portfolio of consumer staples, including:
- Wheat-based products – whole wheat flour, maida, sooji, besan, and dalia.
- Value-added flour products – specialized atta and maida variants.
- Packaged instant food mixes and ethnic snacks.
- Spices – basic and blended spices.
- Ethnic flours – including singhara and bajri flour.
The flagship brand “Ganesh” spans multiple categories. Over the last three years, the company has launched 11 new products and 94 SKUs, further expanding into spices, ethnic snacks, and sattu variants.
Business Overview
- Revenue Mix (FY 2025):
- B2C operations contribute 76.98% of revenues.
- B2B operations include sales to FMCG companies, HoReCa businesses, small retailers, and by-product sales (e.g., wheat bran for cattle feed).
- Distribution Network:
- 28 C&F agents
- 9 super stockists
- 972 distributors
This extensive network supports the general trade channel across key markets.
- Product Portfolio (as on March 31, 2025):
- 42 products with 232 SKUs across multiple categories.
Product Categories
- Whole Wheat Flour (Atta): Sharbati Atta, White Atta, Multigrain Atta, Diabetes Control Atta, Gluten-Free Atta.
- Wheat & Gram-based Value-added Flours: Bakery Maida, Super Fine Maida, Tandoori Atta, Rumali Atta.
- Roasted Gram Flour (Sattu): Multigrain Sattu, Sweet Sattu, Jaljeera Sattu, Chocolate Sattu.
- Spices: Turmeric Powder, Chilli Powder, Coriander (Whole & Powder), Cumin (Whole & Powder), and blended spice mixes.
Workforce
As of March 31, 2025, the company employs 206 permanent employees.
Promoters
- Purushottam Das Mimani
- Manish Mimani
- Madhu Mimani
- Manish Mimani (HUF)
- Srivaru Agro Private Limited
Promoters Holding
Holding Pre Issue
74.29%
Holding Post Issue
64.07%
Objects of the Issue
The Company Ganesh Consumer Products IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Prepayment and/or repayment of all or a portion of certain outstanding borrowings availed by our Company
- Funding capital expenditure for the setting up of a roasted gram flour and gram flour manufacturing unit in Darjeeling, West Bengal
- General corporate purposes
Address / Contact Info
Ganesh Consumer Products Ltd.
88,Burtolla Street
Kolkata, West Bengal, 700007
Phone: +9133 4015 7900
Email: info@ganeshconsumer.com
Website: http://www.ganeshconsumer.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 22 September 2025
IPO Close Date
Wednesday, 24 September 2025
Basis of Allotment
Thursday, 25 September 2025
Initiation of Refunds
Friday, 26 September 2025
Credit of Shares to Demat
Friday, 26 September 2025
Listing Date
Monday, 29 September 2025 — NSE & BSE
Important Dates
Open Date
22 September 2025
Close Date
24 September 2025
Basis Of Allotment
25 September 2025
Listing Date
29 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 341.74 | 308.64 | 343.3 |
| Revenue | 855.16 | 765.26 | 614.78 |
| Profit After Tax | 35.43 | 26.99 | 27.1 |
| Net Worth | 224.13 | 218.65 | 201.62 |
| Reserve & Surplus | 190.47 | 184.98 | 167.95 |
| Total Borrowings | 50 | 38.29 | 86.13 |
EPS Pre
9.74%
EPS Post
8.77%
P/E Pre
33.06
P/E (Post Issue)
36.72x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon |
|---|---|
| ROE % | 15.81 |
| ROCE % | 19.81 |
| Debt / Equity | 0.22 |
| RoNW % | 15.81 |
| PbW | 0 |
| Pat Margin % | 4.17 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 2438987 | 27.92 | 0 |
| Non-Institutional | 1753016 | 20.07 | 0 |
| BNII | 1287402 | 14.74 | 0 |
| SNII | 465614 | 5.33 | 0 |
| Retail Investors | 4505907 | 51.6 | 0 |
| Employees | 36231 | 0.41 | 0 |
| Total | 8734141 | 100 | 0 |
Subscription Status ( Wed, 24 Sep 25 01:41 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 2438987 | 10188678 | 4.18x |
| Non-Institutional | 1931103 | 8375910 | 4.34x |
| BNII | 1287402 | 7258386 | 5.64x |
| SNII | 643701 | 1117524 | 1.74x |
| Retail Investors | 4505907 | 5164972 | 1.15x |
| Employees | 36231 | 73416 | 2.03x |
| Total | 8912228 | 23802976 | 2.67x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| 1 | 46 | 14,812.00 | |
| 13 | 598 | 192,556.00 | |
| S-HNI (Min) | 14 | 644 | 207,368.00 |
| S-HNI (Max) | 67 | 3,082 | 992,404.00 |
| B-HNI (Min) | 68 | 3,128 | 1,007,216.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- IIFL Capital Services Limited
- Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
- Motilal Oswal Investment Advisors Pvt Ltd
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Ganesh Consumer Products IPO is a Book-building IPO worth ₹408.8 crores. The price band is ₹306 to 322 per share. The IPO opens on Mon, Sep 22, 2025 and closes on Wed, Sep 24, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Ganesh Consumer Products IPO opens on Mon, Sep 22, 2025 and closes on Wed, Sep 24, 2025
Ganesh Consumer Products IPO Price Band is ₹306 to 322.
Ganesh Consumer Products IPO lot size is 46, and the minimum amount required for application is ₹14812.
The minimum investment for Ganesh Consumer Products IPO is approximately ₹14812 based on the upper price band.
To apply for the Ganesh Consumer Products IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Sep 24, 2025. After submission, funds are blocked until the basis of allotment of Ganesh Consumer Products IPO is finalised.
Ganesh Consumer Products IPO issue size is ₹408.8 crores.
Ganesh Consumer Products IPO allotment date is Sat, Jun 27, 2026.
The registrar for Ganesh Consumer Products IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Ganesh Consumer Products IPO through their official website or helpline.
The Ganesh Consumer Products IPO GMP (Grey Market Premium) is ₹-9 as of Mon, Sep 29, 2025. Based on the upper price band of ₹322 per share, the estimated Ganesh Consumer Products IPO listing price is ₹313, indicating a potential listing gain of approximately 31% over the issue price.