Ganesh Consumer Products Limited IPO

Ganesh Consumer Products Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹306 - ₹322

Total Issue

₹408.80 Cr

Bid Dates

22 Sep - 24 Sep

Subscription

2.67x

Est. GMP

₹25 (7.76%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Ganesh Consumer Products is a leading FMCG player in East India headquartered in Kolkata, West Bengal, Â In Fiscal 2025, it was the third largest brand in packaged whole wheat flour (atta) and the largest in wheat-based derivatives such as maida, sooji, and dalia by value. It is also among the top two players in packaged sattu (~43.4% market share) and besan (~4.9% market share) in East India. The Company’s growing presence spans consumer staples like spices and ethnic snacks. Its products are marketed under the flagship brand “Ganesh,” which serves as its primary market identity.

Lot Info

Lot Information for Ganesh Consumer Products IPO
Category Lots Shares Amount
Retail (Min) 1 46 ₹14,812
Retail (Max) 13 598 ₹1,92,556
S-HNI (Min) 14 644 ₹2,07,368
S-HNI (Max) 67 3,082 ₹9,92,404
B-HNI (Min) 68 3,128 ₹10,07,216

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
RS. 1 Cr
Shareholder
₹0.00

Issue Size

Total ₹408.80 Cr
Fresh Issue
₹130.00 Cr (0.40 Cr Shares)
Offer For Sale
₹278.80 Cr (0.87 Cr Shares)

Objects of Issue

  1. Prepayment of all or a portion of certain outstanding borrowings availed by our Company
  2. Funding capital expenditure for the setting up of a roasted gram flour and gram flour manufacturing unit in Darjeeling, West Bengal
  3. General corporate purposes

Grey Market Premium

GMP ₹25
Est. Price ₹347
Est. Gain 7.76%

Ganesh Consumer Products IPO Peer Comparison

(Rs. in crores)

Ganesh Consumer Products IPO Peer Comparison Table
Particulars Ganesh Consumer Patanjali Foods AWL Agri Business
Revenue from Ops (in Crs.) 850.46 34,156.97 63,672.24
PAT (In Crs.) 35.43 1,300.71 1,163.23
EPS - Basic 9.74 35.94 9.44
NAV per share 61.62 300.36 71.91
RONW 15.81% 11.96% 13.12%
EBITDA 8.61% 5.70% 3.90%
PAT Margin 4.17% 3.81% 1.83%
Price to earning (PE) 33.06 50.15 27.15
  • All information pertains to FY 2024-25.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 16, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Ganesh Consumer Products IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 850.46 759.07 610.75
Profit after Tax 35.43 26.99 27.10
Net Worth 224.13 218.65 201.62
Total Borrowing 50.00 38.29 86.13
Total Assets 341.74 308.64 343.30
NAV per share (in ₹) 61.62 60.11 55.43
EPS - Basic (in ₹) 9.74 7.42 7.45

KPIs

EBITDA

8.61%

PAT

4.17%

ROE

15.81%

ROCE

19.81%

Debt to Equity

0.22

PE Ratio

33.06

PB Ratio

5.23

Mkt Cap (in Crs.)

1,301.22

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

75.28%

Public

24.72%

Srivaru Agro Private Limited 65.41%
Manish Mimani 9.26%
Others 0.61%

Management

Manish Mimani MD
Amit Tapadia CFO

Registrar & Lead Managers

Subscription Status

Updated as on 24-Sep-2025 19:00:00

Mainboard Subscription Status for Ganesh Consumer Products IPO
Category Sub (x) Offered Bids
QIB 4.02 25,32,910 1,01,88,678
NII 4.41 18,99,682 83,75,910
bHNI 5.73 12,66,454 72,58,386
sHNI 1.76 6,33,227 11,17,524
Retail 1.17 44,32,590 51,64,972
Employee 2.14 34,247 73,416
Total 2.67 88,99,428 2,38,02,976

Frequently Asked Questions

What is Ganesh Consumer Products IPO?
Ganesh Consumer Products IPO is a Mainboard IPO having an issue size of ₹408.80 Crs. Ganesh Consumer Products IPO is priced at ₹306 - ₹322 per share. The issue opens on 22 Sep 25 and closes on 24 Sep 25.
When will Ganesh Consumer Products IPO open?
Ganesh Consumer Products IPO opens on 22 Sep 25 and closes on 24 Sep 25.
What is the GMP of Ganesh Consumer Products IPO?
The estimated Grey Market Premium of Ganesh Consumer Products IPO is ₹25 per share (7.76%).
What is the lot size of Ganesh Consumer Products IPO?
The minimum lot size of Ganesh Consumer Products IPO is 46 shares & the minimum application amount is Rs. 14812.
When is the allotment of Ganesh Consumer Products IPO?
The allotment date of Ganesh Consumer Products IPO is 25 Sep 25.
What is the listing date of Ganesh Consumer Products IPO?
The listing date of Ganesh Consumer Products IPO is 29 Sep 25.
What is the subscription of Ganesh Consumer Products IPO?
Ganesh Consumer Products IPO is subscribed 2.67 times.
What is the price band of Ganesh Consumer Products IPO?
Ganesh Consumer Products IPO is priced at ₹306 - ₹322 per share.
How to check allotment status of Ganesh Consumer Products IPO?
Click the allotment link on Ganesh Consumer Products IPO page of IPO360.
How to apply Ganesh Consumer Products IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Ganesh Consumer Products IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Ganesh Consumer Products IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Ganesh Consumer Products IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date