Ganesh Consumer Products IPO is scheduled to open for subscription on Monday, September 22, 2025, and will close on Wednesday, September 24, 2025. The allotment of shares is expected on Thursday, September 25, 2025, while refunds and credit to investors’ demat accounts are likely on Friday, September 26, 2025. The IPO is expected to list on BSE and NSE on Monday, September 29, 2025.
The IPO is a book-built issue of ₹408.80 crores, comprising a fresh issue of ₹130 crores and an offer for sale of ₹278.80 crores. The price band is fixed at ₹306 to ₹322 per share, with a lot size of 46 shares. Retail investors can invest a minimum of ₹14,812 (based on the upper price), while sHNI and bHNI investors have lot sizes of 14 lots (644 shares) and 68 lots (3,128 shares), requiring investments of ₹2,07,368 and ₹10,07,216 respectively.
Ganesh Consumer Products reported a revenue of ₹855.16 crores in FY2025 against ₹765.26 crores in FY2024, and a profit of ₹35.43 crores in FY2025 versus ₹26.99 crores in FY2024. Considering the financial growth, long-term investors may consider applying for this IPO.
Overview of Contents
About Ganesh Consumer Products IPO
Ganesh Consumer Products Limited, established in 2000 and based in Kolkata, West Bengal, is a leading FMCG company in East India, known for its wheat-based products like maida, sooji, and dalia. The company offers a wide range of consumer staples, including whole wheat flour, value-added flours, packaged instant mixes, spices, ethnic snacks, and specialty flours such as singhara and bajri. Its flagship brand, “Ganesh,” has grown steadily, launching 11 new products and 94 SKUs in the past three years.
In FY2025, nearly 77% of the company’s revenue came from B2C operations, while the remaining came from B2B sales, HoReCa businesses, small retailers, and by-product sales like wheat bran for cattle feed. Ganesh Consumer Products operates through a strong distribution network with 28 C&F agents, 9 super stockists, and 972 distributors, offering 42 products with 232 SKUs as of March 31, 2025.
The product portfolio includes Sharbati Atta, Multigrain Atta, Diabetes Control Atta, various types of maida and rumali atta, multigrain sattu, chocolate sattu, and a variety of spices. With 206 permanent employees, the company is recognized for its broad and diversified product range, widespread distribution network, advanced manufacturing facilities, strict quality standards, experienced management, and consistent financial performance. Ganesh is also the third most popular packaged wheat flour brand in East India, and its growth is credited to the guidance and experience of its promoters and Managing Director.
Ganesh Consumer Products IPO Overview
| Particulars | Details |
|---|---|
| Face Value | ₹10 per share |
| Issue Price Band | ₹306 – ₹322 per share |
| Lot Size | 46 Shares |
| Issue Type | Bookbuilding IPO (Fresh Capital-cum-Offer for Sale) |
| Total Issue Size | 1,26,95,600 shares (Up to ₹408.80 Cr) |
| Fresh Issue | 40,37,267 shares (Up to ₹130.00 Cr) |
| Offer for Sale | 86,58,333 shares (Up to ₹278.80 Cr) |
| Employee Discount | ₹30.00 per share |
| Listing Exchange | BSE, NSE |
| Shareholding Pre-Issue | 3,63,73,259 shares |
| Shareholding Post-Issue | 4,04,10,526 shares |
Ganesh Consumer Products IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Ganesh Consumer Products IPO Dates
| Event | Schedule |
|---|---|
| IPO Subscription Opens | September 22, 2025 |
| IPO Subscription Closes | September 24, 2025 |
| UPI/Payment Cut-off Time | September 24, 2025 – 5 PM |
| Basis of Allotment Finalized | September 25, 2025 |
| Refunds Initiated | September 26, 2025 |
| Shares Credited to Demat Account | September 26, 2025 |
| Expected Listing on Exchange | September 29, 2025 |
Ganesh Consumer Products IPO Financial Performance
| Financial Metric | FY2025 (₹ Cr) | FY2024 (₹ Cr) | FY2023 (₹ Cr) |
|---|---|---|---|
| Revenue / Total Income | 855.16 | 765.26 | 614.78 |
| Profit After Tax (PAT) | 35.43 | 26.99 | 27.10 |
| EBITDA | 73.24 | 63.35 | 56.14 |
| Total Assets | 341.74 | 308.64 | 343.30 |
| Net Worth | 224.13 | 218.65 | 201.62 |
| Reserves & Surplus | 190.47 | 184.98 | 167.95 |
| Total Borrowings | 50.00 | 38.29 | 86.13 |
Ganesh Consumer Products IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 46 | ₹14,812 |
| Retail Maximum | 13 | 598 | ₹1,92,556 |
| S-HNI Minimum | 14 | 644 | ₹2,07,368 |
| S-HNI Maximum | 67 | 3,082 | ₹9,92,404 |
| B-HNI Minimum | 68 | 3,128 | ₹10,07,216 |
Ganesh Consumer Products IPO GMP
- To Be Updated Soon
Ganesh Consumer Products IPO – Promoter Holding
The promoters of Ganesh Consumer Products Limited include Purushottam Das Mimani, Manish Mimani, Madhu Mimani, Manish Mimani (HUF), and Srivaru Agro Private Limited. They hold a significant stake in the company both before and after the IPO, reflecting their continued commitment to the business.
| Promoter Holding | Percentage |
|---|---|
| Pre-IPO | 75.30% |
| Post-IPO | 64.07% |
Ganesh Consumer Products IPO Review
- To Be Updated Soon
Ganesh Consumer Products IPO – Share Reservation
| Investor Category | Shares Offered | % of Total Shares |
|---|---|---|
| Anchor Investor | – Shares | –% |
| QIB (Excluding Anchor) | – Shares | 50% |
| Non-Institutional Investors (NII) | – Shares | 15% |
| Retail Investors | – Shares | 35% |
Ganesh Consumer Products IPO Valuation – FY2025
| Key Financial Metric | Value |
|---|---|
| Net Asset Value (NAV) | ₹61.62 |
| Earning Per Share (EPS) | ₹9.74 (Basic) |
| Debt to Equity Ratio | 0.22 |
| Return on Equity (ROE) | 15.81% |
| Return on Net Worth (RoNW) | 15.81% |
| Return on Capital Employed (ROCE) | 19.81% |
| EBITDA Margin | 8.61% |
| PAT Margin | 4.17% |
| Price/Earnings (P/E) Ratio | N/A |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Patanjali Foods Limited | 35.94 | 50.15 | 11.96% | 300.36 | 34,156.97 Cr. |
| AWL Agri Business Limited | 9.44 | 27.15 | 13.12% | 71.91 | 63,672.24 Cr. |
IPO Lead Managers / Merchant Bankers
- Dam Capital Advisors Ltd.
- IIFL Capital Services Ltd.
- Motilal Oswal Investment Advisors Ltd.
Company Address
Ganesh Consumer Products Ltd.
88, Burtolla Street, Kolkata, West Bengal, 700007
Phone: +91 33 4015 7900
Email: info@ganeshconsumer.com
Website: Ganesh Consumer Products
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: ganeshconsumer.ipo@linkintime.co.in
Website: MUFG Intime India
Ganesh Consumer Products IPO FAQs
What is the Ganesh Consumer Products IPO size?
The IPO is a book-built issue aggregating up to ₹408.80 crores, comprising a fresh issue of ₹130 crores and an offer for sale of ₹278.80 crores.
What is the price band for the IPO?
The price band is fixed between ₹306 to ₹322 per share.
What is the lot size and minimum investment for retail investors?
One lot consists of 46 shares. The minimum retail investment at the upper price band is ₹14,812.
What is the issue type and where will it be listed?
The IPO is a Book Built Issue and will be listed on BSE and NSE.9.
How has the company performed financially?
The company reported revenue of ₹855.16 crores in FY2025 and a PAT of ₹35.43 crores, reflecting steady growth compared to FY2024.