Ganesh Consumer Products IPO

Ganesh Consumer Products IPO: Check IPO Date, Live Subscription and Key Details

Ganesh Consumer Products Ltd. is an FMCG company headquartered in Kolkata, West Bengal. It is ranked as the third-largest packaged whole wheat flour (atta) brand and the largest wheat-based derivatives brand (maida, sooji, dalia) in East India. The company holds a significant market share in packaged sattu and besan in the same region. As of September 30, 2024, its product portfolio includes 42 products with 215 SKUs, covering atta, flours, instant food mixes, spices, and ethnic snacks. The company operates on a B2C business model, with 77.63% of revenue from this segment in Q1 FY25.

Price Range
₹306.0 - ₹322.0
Issue Size
₹408.8 Cr
Lot Size
46 shares
IPO Type
Mainboard
GMP
₹-9(-2.80%)
Est. Listing Price
₹313
Estimate Profit
₹-414
Retail Portion
-

Key Metrics

GMP
Face Value
₹10
EPS
8.77
P/E Ratio
36.72
RoNW
15.81%
ROE
15.8%
Debt to Equity
0.22
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Timeline

IPO Opens

22 Sept

IPO Closes

24 Sept

Allotment

25 Sept

Listing

29 Sept

IPO Timeline & Listing Details

EventDate
IPO Open Date22 September 2025
IPO Close Date24 September 2025
Allotment Date25 September 2025
Listing Date29 September 2025

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹14,812
Retail (Max)Just less than ₹2,00,000
13₹1,92,556
SHNI (Min)Just above ₹2,00,000
14₹2,07,368
SHNI (Max)Below ₹10,00,000
67₹9,92,404
BHNIAbove ₹10,00,000
68₹10,07,216

IPO Objectives

  • Prepayment and/or repayment of all or a portion of certain outstanding borrowings availed by the 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.

Strengths

  • The company is the largest brand of packaged flour in East India, with a significant market share in key product categories.
  • It has a diversified product portfolio with 42 products and 215 SKUs, and is focused on product innovation.
  • The business operates through a well-established multichannel distribution network, reaching over 70,000 retail outlets across India.
  • It has strategically located manufacturing facilities in key regions with high-quality standards.
  • The company has a track record of healthy financial performance, with consistent growth in revenue (12%) and profit after tax (31%) in FY25.

Weaknesses

  • There is a high geographical concentration in East India, making the company vulnerable to regional economic downturns or competition.
  • The FMCG industry is highly competitive, which can lead to pricing pressures and impact profit margins.
  • The business is vulnerable to raw material price volatility (e.g., wheat, gram), which can affect production costs and profitability.
  • A portion of the IPO proceeds will be used for debt repayment and capital expenditure, indicating a need for funding for growth and a leveraged balance sheet.
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Financial Performance

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets (₹ Cr.)341.74308.64343.3
Revenue (₹ Cr.)855.16765.26614.78
PAT (₹ Cr.)35.4326.9927.1
Net Worth (₹ Cr.)224.13218.65201.62

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Ganesh Consumer Products5.2336.7215.81%224.13
Patanjali Foods Limited5.8354.4111.44%11,371
AWL Agri Business Limited3.529.1513%9,424.91

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB0x0.49x4.03x
NII0.06x0.23x4.41x
S-HNI0.11x0.37x1.77x
B-HNI0.04x0.16x5.73x
RII0.2x0.44x1.17x
EMP0.41x1.12x2.14x
Total0.12x0.42x2.68x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB25,31,3151,01,88,678328.08
NII18,99,20383,75,910269.7
Small NII6,33,06811,17,52435.98
Big NII12,66,13572,58,386233.72
RII44,31,47451,93,630167.23
EMP34,24773,4162.36
Total88,96,2392,38,31,634767.38
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Company Details

Registrar Details

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