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Ganesh Consumer Products IPO

  • Status: Closed
  • RHP:
  • ₹ 14,076 / 46 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    29 Sep 2025

  • Listing Price

    ₹295.00

  • Listing Change

    -8.39%

  • Last Traded Price

    ₹241.80

Ganesh Consumer Products IPO Details

  • Open Date

    22 Sep 2025

  • Close Date

    24 Sep 2025

  • Listing Date

    29 Sep 2025

  • IPO Price Range

    ₹ 306 to ₹322

  • IPO Size

    ₹ 408.80 Cr

  • Listing Exchange

    BSE, NSE

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Ganesh Consumer Products IPO Subscription Status

Last Updated: 29 September 2025 2:58 PM by 5paisa

Incorporated in 2000, Ganesh Consumer Products Limited is a fast-moving consumer goods company headquartered in Kolkata, West Bengal. The company is recognised as one of the largest packaged flour brands in East India, offering consumer staples such as whole wheat flour, maida, sooji, dalia, besan, and ethnic flours like singhara and bajri.
The product portfolio also includes instant mixes, roasted gram flour (sattu variants), spices, and ethnic snacks. Over the past three years, the company has launched 11 products and 94 SKUs, expanding its presence across multiple food segments.
Ganesh Consumer Products derives ~77% of revenues from its B2C operations, with the remaining from B2B channels (supplying FMCG companies, HoReCa, and small retailers). The company has a strong distribution network comprising 28 C&F agents, 9 super stockists, and 972 distributors.
The company operates advanced manufacturing units with stringent quality checks and employs 206 permanent staff as of 31 March 2025.

Established in: 2000

MD: Manish Mimani
 

Peers:

Name of the company Ganesh Consumer Products Limited Patanjali Foods Limited AWL Agri Business Limited
Face Value (₹ per share) 10.00 2.00 1.00
Total income(₹ in CR) 35.43 34,157.00 63,672.00
Diluted EPS(₹) 9.74 35.94 9.44
NAV(₹ per share) 61.62 300.36 71.91
P/E - 50.15 27.15
CMP (₹) - 598 259
RoNW(%) 15.81 11.96 13.12


 

Ganesh Consumer Products Objectives

Prepayment/repayment of certain borrowings – ₹60.00 crore
Funding capex for a roasted gram flour and gram flour unit in Darjeeling, West Bengal – ₹45.00 crore
General corporate purposes
 

Ganesh Consumer Products IPO Size

Types Size
Total IPO Size ₹408.80 Cr
Offer For Sale ₹278.80 Cr
Fresh Issue ₹130.00 Cr

Ganesh Consumer Products IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 46 14,076
Retail (Max) 13 598 1,82,988
S-HNI (Min) 14 644 1,97,064
S-HNI (MAX) 67 3082 9,43,092
B-HNI (Min) 68 3128 9,57,168

Ganesh Consumer Products IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB (Ex Anchor) 4.03 25,31,315    1,01,88,678 328.075
NII (HNI) 4.41 18,99,203 83,75,910 269.704
bNII (bids above ₹10L) 5.73 12,66,135 72,58,386 233.720
 sNII (bids below ₹10L) 1.77 6,33,068 11,17,524 35.984
Retail Investors 1.17 44,31,474 51,93,630 167.235
Employees 2.14 34,247 73,416 2.364
Total** 2.68 88,96,239 2,38,31,634 767.379

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY24 FY25
Revenue 614.78 765.26 855.16
EBITDA 56.14 63.35 73.24
PAT 27.10 26.99 35.43
Particulars (in Rs. Crores)] FY23 FY24 FY25
Total Assets 343.30 308.64 341.74
Share Capital 36.38 36.38 36.38
Total Borrowings 86.13 38.29 50.00
Particulars (in Rs. Crores FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities -13.11 88.47 46.08
Net Cash Generated From / (used in) investing activities -19.89 -22.16 -17.16
Net Cash Generated From / (used in) financing activities 33.53 -67.01 -28.24
Net Increase (Decrease) In Cash And Cash Equivalents 0.53 -0.70 0.69


Strengths

1. Leading flour brand in East India
2. Strong distribution and multi-channel presence
3. Modern, quality-focused manufacturing facilities
4. Experienced promoter group and management team
 

Weaknesses

1. Regional concentration mainly in East India
2. Dependence on wheat prices and agri-input costs
3. High competition from established national FMCG players
4. Dependent on third-party transportation for raw materials delivery
 

Opportunities

1. Rising demand for packaged staples and branded flours
2. Expansion into new geographies and categories
3. Strong growth in the convenience and instant mix segment
4. Premiumisation through health-focused variants
 

Threats

1. Price wars in the FMCG sector
2. Regulatory risks in food safety and agri policies
3. Consumer preference shifts towards alternative brands
4. Commodity price fluctuations are impacting margins
 

1. Strong regional brand leadership in East India’s flour market
2. Diversified portfolio with 42 products and 232 SKUs
3. Expanding presence in spices, instant mixes, and snacks
4. Healthy financial performance and revenue growth
5. Proceeds to reduce debt and fund new manufacturing capacity
 

India’s FMCG sector is one of the largest in the world, contributing significantly to GDP and employment. Within this, the packaged food category has seen rapid adoption due to urbanisation, rising disposable incomes, and shifting consumer preferences towards branded and convenient products.

Packaged flour, spices, and instant mixes are expanding at a strong pace, supported by modern retail, e-commerce, and digital payment penetration. While competition is high, trusted regional brands like Ganesh can leverage distribution depth, consumer loyalty, and diversified products to scale further. With the organised FMCG market expected to grow steadily, Ganesh Consumer Products is positioned to benefit from these favourable trends.
 

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FAQs

The Ganesh Consumer Products IPO opens on September 22, 2025 and closes on September 24, 2025.

The Ganesh Consumer Products IPO size is ₹408.80 crore.
 

The price band of Ganesh Consumer Products IPO is fixed at ₹306 to ₹322 per share.

To apply for Ganesh Consumer Products IPO, follow the steps given below: 

  • Login to your 5paisa account and select the issue in the current IPO section    
  • Enter the number of lots and the price at which you wish to apply for the Ganesh Consumer Products IPO.    
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    
  • You will receive a mandate notification to block funds in your UPI app.
     

For Ganesh Consumer Products IPO, a minimum investment require at least 1 lot of 46 shares is required, requiring ₹14,076.
 

Allotment of Ganesh Consumer Products IPO will be finalised on 25 September 2025.
 

The Ganesh Consumer Products IPO listing is expected to be on September 29, 2025.
 

DAM Capital Advisors Ltd. is the book-running lead manager for Ganesh Consumer Products IPO.
 

Ganesh Consumer Products to utilise the raised capital from the IPO for:

  • Prepayment/repayment of certain borrowings – ₹60.00 crore
  • Funding capex for a roasted gram flour and gram flour unit in Darjeeling, West Bengal – ₹45.00 crore
  • General corporate purposes