Sudeep Pharma IPO...
19 Nov, 2025
Ganesh Consumer Products IPO
The Ganesh Consumer Products IPO comprises a fresh equity issue of ₹130 crore, aggregating up to around ₹414.80 crore, along with an offer for sale of ₹278.8 crore by existing shareholders. Minimum application size is 46 shares (about ₹14,812 at the higher end of the price band) and shares are proposed to be listed on BSE and NSE on September 29, 2025. The IPO is scheduled for Sept. 22 to Sept. 24. Its book-running lead managers are Dam Capital Advisors Limited, IIFL Securities Limited and Motilal Oswal Investment Advisors Limited.
Company Background
Ganesh Consumer Products Limited has a long history since 1936 as a small retailer of Burrabazar, Kolkata. Over the years, it has grown to become one of the FMCG companies in India with a strong presence in packaged foods such as flour, wheat products, pulses, and spices. The company runs 8 manufacturing facilities spanning across West Bengal, Telangana and UP, producing a category variant of 42 product categories & is available in about 232 SKUs including whole wheat flour (atta), suji (semolina), maida and roasted gram flour, besan, daliya spices, snacks such as bhujia & chanachur and ready to cook instant mixes imbued with the brand’s unique food credentials through innovative use of traditional recipes used for generations; amongst others. Their think brand ‘Ganesh’ is a well-known household name in eastern India and commands a leadership position in the wheat-based flour segment.
Operations & Product Range
Facility & Production
Ganesh Consumer Products IPO operates eight plants, which are ISO and HACCP certified, selling premium food grain flour, spice, snacks and instant foods. These units use the latest technology and talented experts to ensure product uniformity & production in bulk quantity so as to meet the varied requirements of a huge client base.
Brands & Market Presence
Ganesh Consumer Products markets all its offerings under the flagship “Ganesh” brand, which enjoys strong brand recall in eastern and central India. The company has set up a strong distribution network, having 28 Carry & Forward agents, 9 super stockists and 972 distributors, ensuring wide availability of products in the retail outlets and general trade. The brand spreads across Wheat Flours and Gram Flours, ethnic snacks, Traditional spices and ready-to-eat mixes for every convenience.
Revenue Channels
Ganesh Consumer Products IPO have these main revenue channels:
- • It derives the bulk of its revenue from selling packaged wheat and gram flour under various product lines such as atta, maida, sooji, sattu, dalia and besan.
- • Sales of spices, ethnic snacks, and ready-to-cook instant food mixes contribute significant portions of turnover.
- • The company also derives its income from launching new products, such as the chocolate sattu and jal jeera sattu (sour cumin drink) flavours.
- • The revenue from by-products like wheat bran/bhoosa and chana chunni (cattle feed) also strengthens the income sources.
Management & Shareholding
Promoters & Shareholding
Ganesh Consumer Products IPO is professionally managed by experienced professionals and the major shareholding is held by promoter families. The IPO consists of an offer for sale by shareholders and a fresh issue, where promoter holdings will get partially diluted, but growth capital will come in.
Board Members
The board of Ganesh Consumer Products IPO features industry experts and independent directors with control in finance, quality assurance, and strategic expansion. The governance structure complies with the regulatory requirements of a public company and is led by top merchant bankers and registrars who will drive the IPO process.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Ganesh Consumer Products IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Ganesh Consumer Products IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 22, 2025 to September 24, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹306 to ₹322 per share |
| Lot Size | 46 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 1,26,95,600 shares (aggregating up to ₹408.80 Cr) |
| Fresh Issue | 40,37,267 shares (aggregating up to ₹130.00 Cr) |
| Offer for Sale | 86,58,333 shares of ₹10 (aggregating up to ₹278.80 Cr) |
| Employee Discount | ₹30.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 3,63,73,259 shares |
| Share Holding Post Issue | 4,04,10,526 shares |
Ganesh Consumer Products IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Mon, Sep 22, 2025 |
| IPO Close Date | Wed, Sep 24, 2025 |
| Tentative Allotment | Thu, Sep 25, 2025 |
| Initiation of Refunds | Fri, Sep 26, 2025 |
| Credit of Shares to Demat | Fri, Sep 26, 2025 |
| Tentative Listing Date | Mon, Sep 29, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Sep 24, 2025 |
Ganesh Consumer Products IPO Lot Size
| Application | 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 |
Ganesh Consumer Products IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 75.30% |
| Promoter Holding Post Issue | 64.07% |
Competitive Strength:
- • Over 80 years of strong brand legacy that has made Ganesh a trusted household name in the FMCG market of eastern India.
- • Wide range of products across flours, spices, snacks and instant foods targeting various consumer segments.
- • Solid regional leadership with a 40.5% market share in wheat-based products in West Bengal and a dominant position in value-added flours.
- • Strong distribution network supported by seasoned supply chain and trade relations in East & Central India.
- • Continuous product innovation, enhancing customer loyalty and revenue diversification.
Ganesh Consumer Products IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 341.74 | 855.16 | 35.43 | 224.13 | 50 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 309 | 765 | 27 | 219 | 38 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 343.30 | 614.78 | 27.1 | 201.62 | 86.13 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 15.81% |
| ROCE | 19.81% |
| Debt/Equity | 0.22 |
| RoNW | 15.81% |
| PAT Margin | 4.17% |
| EBITDA Margin | 8.61% |
| Price to Book Value | 5.23 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.74 | 9 |
| P/E (x) | 33.06 | 37 |
Objectives of Ganesh Consumer Products IPO
- • Enhance working capital to support product expansion and geographic reach.
- • Fund repayment of borrowings to optimise financial costs.
- • Support with marketing and promotional efforts to enhance brand image.
- • Invest in technology platforms, which can increase supply chain and operational efficiencies.
Conclusion
Ganesh Consumer Products IPO presents a compelling opportunity to invest in a well-established FMCG company with a strong heritage and leadership in the packaged flour market in eastern India. With a broad product portfolio and continued investment in manufacturing and distribution capabilities, the company is well-positioned for growth. The timely IPO is a unique opportunity for investors to participate in the brand, which has already been well established in Indian households and yet offers a huge growth opportunity.
RHP:
DRHP:
Read more :
Frequently asked Questions (FAQs )
-
When will the Ganesh Consumer Products IPO open and close?
The IPO opens on September 22, 2025, and closes on September 24, 2025.
-
What is the issue size?
The total issue size is ₹408.8 crore, comprising a fresh issue and an offer for sale.
-
Where will the shares of Ganesh Consumer Products IPO be listed?
The shares are expected to be listed on the BSE and NSE on September 29, 2025.
-
What products does the company offer?
Packaged wheat and gram flour, ethnic snacks, spices, and instant food mixes under the Ganesh brand.
-
Who are the promoters of Ganesh Consumer Products IPO?
The company is promoter-led with professional management backing.
-
How will the IPO proceeds be used?
Proceeds will mainly be used for working capital, debt repayment, marketing, and technology investments.
-
What is Ganesh’s market position?
Ganesh holds the third largest position in packaged atta in eastern India and leads value-added flour segments.
.jpg)
