- Issue price
- ₹322per share
- Issue size
- ₹408.8 Cr1,26,98,790 shares
- Face value
- ₹10per equity share
- Lot size
- 46 sharesMin. ₹14,812 at the upper price
- Anchor biddingFri, 2025
- OpensMon, 2025
- ClosesWed, 2025
- ListingMon, 2025
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 40,40,457 shares (₹130 Cr)
- Offer for sale
- 86,58,333 shares (₹278.8 Cr)
- Total issue
- 1,26,98,790 shares (₹408.8 Cr)
- Face value
- ₹10
- Listing at
- NSE, BSE
- Promoter holding
- 65.50% → 58.94%
Source: ProspectusUpdated
Reservation
Share of the total issue- Retail34.9%
- Anchor29.9%
- QIB ex-anchor19.9%
- NII15.0%
- Employees0.3%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 44,32,591 | 34.91% | 35% |
| Non-institutional investors (NII) | 18,99,682 | 14.96% | 15% |
| Qualified institutional buyers (QIB) | 63,32,271 | 49.87% | 50% |
| QIB, excluding anchor | 25,32,909 | 19.95% | — |
| Anchor investors | 37,99,362 | 29.92% | — |
| Employees | 34,246 | 0.27% | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹322 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail individual investors | 1 | 46 | ₹14,812 |
Source: ProspectusUpdated
Special quotas
- Employees
- ₹30 discount per share
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2024-25, pre-issue- EPS (basic)
- ₹9.74
- EPS (diluted)
- ₹9.74
- P/E (FY 2024-25 at Floor Price)
- 31.42×
- P/E (FY 2024-25 at Cap Price)
- 33.06×
- RoNW
- 15.81%
- NAV per share (As of March 31, 2025)
- ₹61.62
- NAV per share (At Offer Price)
- ₹87.63
- Debt to equity
- 0.22
- EBITDA margin
- 8.61%
- PAT margin
- 4.17%
Source: ProspectusUpdated
Financials
Standalone, restated · ₹ crore| Period ended | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 | 31 Mar 2023FY 2022-23 |
|---|---|---|---|
| Revenue from operations | 850.46 | 759.07 | 610.75 |
| Total income | 855.16 | 765.26 | 614.78 |
| EBITDA | 73.24 | 63.35 | 56.14 |
| Profit after tax | 35.43 | 26.99 | 27.10 |
| Net worth | 224.13 | 218.65 | 201.62 |
| Reserves and surplus | 187.76 | 182.27 | 165.24 |
| Total assets | 341.74 | 308.64 | 343.30 |
| Total borrowing | 50.00 | 38.29 | 86.13 |
FY 2024-25 vs FY 2023-24: revenue +12.0%, profit after tax +31.3%.
Source: ProspectusUpdated
About the company
The company is a Kolkata-based FMCG firm selling packaged wheat flour, wheat and gram-based flour products, and other food items such as spices, instant mixes and ethnic snacks under its 'Ganesh' brand. It distributes through general trade, modern trade and e-commerce channels and operates seven manufacturing facilities in West Bengal, Uttar Pradesh and Telangana.
- Incorporated
- 2000
- Industry
- Food Processing
- Sector
- Food and Agriculture
- CIN
- U15311WB2000PLC091315
- Website
- ganeshconsumer.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Srivaru Agro Private Limited | Promoter | 65.41% | 58.87% | — |
| Manish Mimani (HUF) | Promoter | 0.06% | 0.05% | — |
| Purushottam Das Mimani | Promoter | 0.03% | 0.02% | — |
| India Business Excellence Fund IIA | Selling shareholder | 16.31% | — | 59,33,646 |
| Manish Mimani | Selling shareholder | 9.26% | 5.01% | 13,41,132 |
| India Business Excellence Fund II | Selling shareholder | 3.40% | — | 12,38,061 |
| Madhu Mimani | Selling shareholder | 0.54% | 0.12% | 1,45,494 |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Prepayment or repayment of certain borrowings | 60.00 |
| Capital expenditure for a roasted gram and gram flour unit in Darjeeling, West Bengal | 45.00 |
| General corporate purposes | 14.20 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Ganesh Consumer Products LimitedIssuer | ₹9.74 | — | 15.81% | ₹61.62 |
| Patanjali Foods Limited | ₹35.94 | 50.15× | 11.96% | ₹300.36 |
| AWL Agri Business Limited | ₹9.44 | 27.15× | 13.12% | ₹71.91 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Leading regional brand in packaged flour and wheat-based derivatives in East India.
- Wide distribution network across general trade, modern trade and e-commerce.
- Seven manufacturing facilities across three states.
- Diversified product portfolio with 232 SKUs.
- Operating history dating back to 1936 under the brand.
Risks
- Dependence on wheat and gram supply, with price and weather exposure.
- Procurement is largely spot-based with no long-term supply contracts.
- Revenue and results vary by quarter due to seasonal crop harvests.
- Significant borrowings and working capital dependence.
- Substantial contingent liabilities and pending litigation against the company, directors and promoters.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹322) appear here after the shares list on NSE and BSE.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Ganesh Consumer Products IPO open and close?
According to the Prospectus, the issue opens on Monday, 22 September 2025 and closes on Wednesday, 24 September 2025.
What is the Ganesh Consumer Products IPO price band?
The final issue price is ₹322 per share.
What is the lot size of the Ganesh Consumer Products IPO?
One lot is 46 shares, which is ₹14,812 at ₹322 per share.
Where will Ganesh Consumer Products shares list?
On NSE and BSE. The tentative listing date is Monday, 29 September 2025.
Who is the registrar of the issue?
MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.
How do I check the Ganesh Consumer Products IPO allotment status?
Search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹60 Cr for prepayment or repayment of certain borrowings, ₹45 Cr for capital expenditure for a roasted gram and gram flour unit in Darjeeling, West Bengal, ₹14.2 Cr for general corporate purposes.
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