Ganesh Consumer Products IPO Details
Ganesh Consumer Products IPO is a Book-Built Issue of Rs. 408.80 crore, comprising a fresh issue of 0.40 crore shares worth Rs. 130.00 crore and an offer for sale of 0.87 crore shares amounting to Rs. 278.80 crore. The IPO opens for subscription on September 22, 2025 and closes on September 24, 2025, with allotment expected on September 25, 2025 and listing scheduled on September 29, 2025 at both BSE and NSE. The price band is fixed at Rs. 306 to Rs. 322 per share, with a minimum lot size of 46 shares, requiring a retail investment of Rs. 14,812. For sNII investors, the minimum investment works out to Rs. 2,07,368 (14 lots / 644 shares), while for bNII investors it is Rs. 10,07,216 (68 lots / 3,128 shares). Dam Capital Advisors Ltd. is the Book Running Lead Manager, while MUFG Intime India Pvt. Ltd. is the registrar.
đź•— Last Update: 17 September 2025, 6.00 AM
Table of Contents
Ganesh Consumer Products IPO Key Dates
| Anchor portion | |
| IPO opens on | 22 Sept 2025 |
| IPO Closes on | 24 Sept 2025 |
| IPO Allotment on | 25 Sept 2025 |
| Unblocking of Asba | 26 Sept 2025 |
| Credit of Shares | 26 Sept 2025 |
| Listing of Shares | 29 Sept 2025 |
Who are the promoters of Ganesh Consumer Products IPO? Â
Purushottam Das Mimani, Manish Mimani, Madhu Mimani, Manish Mimani (HUF) and Srivaru Agro Private Limited are the promoters of the company
The promoters hold ?% shares in the post IPO capital of the company.
What are the Objects of Ganesh Consumer Products IPO?
The Offer comprises of fresh issue of capital & the objects are
+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; and
+General Corporate Purposes
What is the business of Ganesh Consumer Products?
Ganesh Consumer Products IPO Details
| Â | |
| IPO opens on | 22 September 2025 |
| IPO closes on | 24 September 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 12695600 Shares / Rs 408.80 Crore |
| * Fresh Issue | Rs 130.00 Crore |
| * Offer for Sale | Rs 278.80 Crore |
| Â | Â |
| Face Value per share: | Rs. 10 |
| Price Band | Rs. 306-322 |
| Retail Discount | Rs 0 per share |
| Employee discount | Rs. – per share |
| Retail Lot Size | ? Shares |
| Listing will at | BSE, NSE |
How are the shares offered in ivalue Infosolutions IPO?
| Investor Category | Shares Offered |
| QIB Shares Offered | Not less than 50% of the Net Offer |
| Retail Shares Offered | Not more than 35% of the Net Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
How can the shares be applied in ivalue Infosolutions IPO?
| Application | Lots | Shares | Amount Rs. |
| 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 |
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Ganesh Consumer Products IPO allotment Status
Allotment of this IPO will be announced on 25 September 2025 and the link to check allotment is given below:
 https://linkintime.co.in/Initial_Offer/public-issues.html
| Registered Office of the company Ganesh Consumer Products Ltd. 88, Burtolla Street Kolkata, West Bengal, 700007 Email: info@ganeshconsumer.com |
|
| Who are the Lead Managers of ivalue Infosolutions IPO? DAM Capital Advisors Ltd |
|
| Registrar to IPO | |
| Mufg Intime India Limited |
Ganesh Consumer Products IPO Financial Snapshot
| Period Ended | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
| Assets | 341.74 | 308.64 | 343.3 |
| Total Income | 855.16 | 765.26 | 614.78 |
| Profit After Tax | 35.43 | 26.99 | 27.1 |
| EBITDA | 73.24 | 63.35 | 56.14 |
| NET Worth | 224.13 | 218.65 | 201.62 |
| Reserves and Surplus | 190.47 | 184.98 | 167.95 |
| Total Borrowing | 50 | 38.29 | 86.13 |
| Amount in Rs. Crore | |||
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Key Performance Indicators
| 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 |
| EPS | 9.74 |
| PE R | 33.06 |
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How Ganesh Consumer Products IPO compares with the Peers?
Peer Comparison.
| Company Name | P/EÂ (x) | RoNWÂ (%) |
| Ganesh Consumer Products Limited | Â | 15.81 |
| Patanjali Foods Limited | 50.15 | 11.96 |
| AWL Agri Business Limited | 27.15 | 13.12 |
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Ganesh Consumer Products IPO Concise Review by Paresh Gordhandas, CA & Research Analyst
Incorporated in 2000 and headquartered in Kolkata, Ganesh Consumer Products Limited is a prominent FMCG company in Eastern India, best known for its flagship “Ganesh” brand. The company started as a manufacturer of wheat-based products like maida, sooji, and dalia, but has since diversified into a much wider product portfolio including whole wheat flour, value-added flours, instant food mixes, spices, traditional flours (singhara, bajri), and regional ethnic snacks.
A key strength is its continuous innovation — in the past three years alone, it launched 11 new products and 94 SKUs, including popular items like sattu-based mixes, blended spices, and regional snacks. The business has a B2C-heavy revenue model, with nearly 78% of sales coming directly from retail consumers, while the rest comes from B2B channels (supply to FMCG companies, HoReCa chains, small retailers) and by-product sales (e.g., wheat bran for cattle feed).
The company enjoys a deep-rooted distribution network: 26 C&F agents, 8 super stockists, and 900 distributors ensure presence in over 70,000 retail outlets across West Bengal, Jharkhand, Bihar, Odisha, and Assam. With a workforce of 768 personnel, Ganesh Consumer is positioned strongly as a regional FMCG leader in staples and value-added foods.
Financial Performance
Over the last three years, Ganesh Consumer has shown steady growth:
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Total Income rose from Rs. 614.78 crore (FY23) to Rs. 855.16 crore (FY25).
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PAT improved to Rs. 35.43 crore in FY25 vs Rs. 26.99 crore in FY24.
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EBITDA grew from Rs. 56.14 crore (FY23) to Rs. 73.24 crore (FY25).
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Net Worth rose to Rs. 224.13 crore, while borrowings reduced from Rs. 86.13 crore (FY23) to Rs. 50.00 crore (FY25).
Margins are modest for the FMCG space — EBITDA margin ~8.5% and PAT margin ~4% — which reflects the competitive nature of staples and food products. The business is strong on distribution and branding but faces thin margins and region-centric concentration, which investors should consider before applying.
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The price band is Rs. 306 to Rs. 322 per share. The lot size is 46 shares, requiring a retail investment of Rs. 14,812 at the upper price band.
The IPO opens on September 22, 2025 and closes on September 24, 2025. Allotment is expected on September 25, 2025, with listing on September 29, 2025 at BSE and NSE.
Ganesh Consumer is a leading FMCG brand in Eastern India with strong presence in wheat-based derivatives, value-added flours, instant mixes, spices, and snacks. It sells through a network of 70,000+ retail outlets, backed by strong distribution partners.
The company enjoys strong brand recall, wide distribution, and consistent product launches. Financials show steady growth with reduced debt. However, margins are thin and growth is largely region-focused, which may limit scalability compared to national FMCG giants. Investors with a long-term view and interest in regional FMCG stories may consider subscribing, while short-term listing gains will depend on Grey Market Premium (GMP) trends and overall sentiment.
Ganesh Consumer Products IPO dates
Ganesh Consumer Products IPO price & Lot
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