Ganesh Consumer Products IPO

2.64x

subscribed

Ganesh Consumer Products IPO

listed
₹14,076Min. investment
  1. Pre-apply
    18 Sep
  2. Bid start
    22 Sep
  3. Bid end
    24 Sep
  4. Allotment
    25 Sep
  5. Release of funds
    26 Sep
  6. Demat transfer
    26 Sep
  7. Listing
    29 Sep

Ganesh Consumer Products Limited IPO Details

Price range₹306 – ₹322
IPO type
Regular
Lot size46 shares
Issue size₹408Cr
Red Herring Prospectus
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Ganesh Consumer Products Limited IPO Overview

Ganesh Consumer Products Limited IPO date

Ganesh Consumer Products Limited IPO will open for subscription on September 22, 2025, and the closing date for the IPO is September 24, 2025. After this, investors are expected to be updated about the allotment status on September 25, 2025. Investors who have been allotted shares can expect them to be credited to their demat account on September 26, 2025. The shares will be listed on the NSE and the BSE on Monday, September 29, 2025.

###**Ganesh Consumer Products Limited IPO price band **

The IPO includes a fresh issue and an offer for sale. The IPO price band has been set between ₹306 to ₹322 per share. Interested investors can choose a price within this band to apply for the IPO.

The IPO is a book-building issue, comprising a fresh issue of ₹130 crore and an offer for sale of ₹278.80 crore.

Ganesh Consumer Products Limited's IPO listing price will be determined on September 29, 2025. The listing price is the price at which a company’s shares debut on the stock exchanges.

Ganesh Consumer Products Limited IPO lot size

Ganesh Consumer Products Limited IPO details have been declared. The minimum lot size for an application is 46 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹408.80 crore.

Checklist

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Objectives

Repayment of loans
45.40%
Capital expenditure
34.60%
General corporate purposes
20.00%

Strength and Weakness

Largest brand of packaged flour in East India

The company is one of the largest brands of packaged wheat and gram-based products market holding ~12.6% market share, and the 3rd largest brand of packaged wheat flour with ~8% share in East India. It is also holding a market share of 31.2% and 16.4% for packaged sooji, dalia, and maida, respectively, in East India in terms of value sold in FY25.

Diversified product portfolio

The company’s product portfolio comprised 42 products with 232 SKUs across its product categories in FY25. The products are available in a wide range of services, and it also offers premium packaged flour offerings such as its multigrain whole wheat flour under the ‘Ganesh Gold’ brand. proximity to optimise the sourcing of raw materials and to enable efficient logistics management.

Widespread distribution network

The company has a distributor network across West Bengal, Jharkhand, Bihar, Odisha and Assam. As of March 31, 2025, it serves its general trade channel with over 28 C&F agents, 9 super stockists and 972 distributors, catering to over 70,000 retail outlets.

Strategically located manufacturing facilities

The company operates from seven manufacturing facilities located at Kolkata (West Bengal), Varanasi (Uttar Pradesh), Agra (Uttar Pradesh) and Hyderabad (Telangana). The manufacturing facilities are strategically located in

About Ganesh Consumer Products Limited

Founded in 2000, Ganesh Consumer Products Limited (GCPL) is a fast-growing FMCG company engaged in the development, manufacturing, and marketing of packaged consumer staples and food items. It has a diversified portfolio including whole wheat flour (atta), wheat and gram-based derivatives (maida, sooji, dalia, sattu, besan), spices, instant food mixes, ethnic snacks, and ethnic flours such as singhara and bajri. The company sells its products mainly under the brand name “Ganesh”, premium products under “Ganesh Gold”, and value products under “Ganesh Daily”. Its product portfolio comprises 42 products with 232 SKUs, including whole wheat flour, wheat and gram-based value-added flours, packaged instant food mixes, spices, ethnic snacks, and ethnic flours. The parent Ganesh brand is supported by various brand extensions tailored to diverse consumer needs.
The company has a large omni-channel distribution network spanning general trade, modern trade, and e-commerce channels, servicing over 70,000 retail outlets through 28 carrying and forwarding agents, 9 super stockists, and 972 distributors across West Bengal, Jharkhand, Bihar, Odisha, and Assam.
Its business is primarily driven by business-to-consumer (B2C) operations, which account for 76.98% of revenues in FY25. Other segments like business-to-business (B2B) consist of the supply of some products through brokers to other FMCG companies, Hotel, Restaurant, and Catering (HoReCa) businesses and small retailers. The B2B segment contributed 12.5% of FY25 revenue. The sale of by-products from the manufacturing process, like wheat bran and chana chunni for cattle feed, accounted for 10.4% of the FY25 revenue.
The company has seven strategically located manufacturing units in West Bengal, Uttar Pradesh, and Telangana with an installed capacity of over 1,300 tons per day in different product lines. These units have advanced automation and quality control standards with certifications. The company also has a stringent quality assurance process to ensure consistent product quality.
The Indian packaged staples market is expected to grow at a CAGR of approximately 10.0% between FY25 and FY30 to reach ₹18.77 lakh crore by FY30. This is due to an increase in regular consumption patterns, changing habits of the consumers and growing health and hygiene concerns, making them shift towards packaged staples from loose/unpacked staples due to issues like contamination and adulteration. Eastern India has an estimated share of approximately 18.6% for FY25, and this share is expected to reach approximately 19.6% by FY30. Along with the increase in demand, there has been supply chain development as well in the eastern region through various government initiatives for transportation and infrastructure improvement, thus increasing the distribution network. All these industry tailwinds point towards the company’s opportunity to grow and leverage the rising demand in East India.
The company is planning to strengthen its distribution network and B2C operations to expand beyond West Bengal into states like Jharkhand, Bihar, Odisha, and Assam, diversify and enhance its product portfolio with offerings such as whole spices, ethnic snacks, and blended spices to capture evolving consumer preferences and increase brand awareness through television, digital, and below-the-line marketing. It is also looking to optimise operations by adopting advanced technologies such as SAP S/4 HANA, Botree DMS & SFA, and automation.
Now, Ganesh Consumer Products Ltd is launching its initial public offering (IPO), which consists of a fresh issue of ₹130 crore and an offer for sale of ₹278.80. The total issue size of the IPO is ₹408.80 crore. Its shares will be listed on the NSE and BSE.

IPO Analysis

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Ganesh Consumer Products IPO
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Ganesh Consumer Products IPO Subscription Status

Date
QIB
NII
Retail
Total
22-Sep-25
0.0 times (X)
0.06 times (X)
0.2 times (X)
0.12 times (X)
23-Sep-25
0.51X
0.22X
0.44X
0.41X
24-Sep-25
2.06X
4.22X
1.1X
2.64X

Latest News on Ganesh Consumer Products IPO

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FMCG company Ganesh Consumer Products, earlier known as Ganesh Grains, has filed preliminary papers with the SEBI to raise funds via initial public offering and give exit to funds owned by Motilal Oswal Alternates. The IPO is a combination of fresh issuance of equity shares worth Rs 130 crore, and an offer-for-sale of 1.24 crore shares by promoters and investors.
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Ganesh Consumer Products IPO: The initial share sale is a fresh issuance of shares valued at ₹130 crore and an offer for sale (OFS) component of ₹278.79 crore.

2 min read

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Ganesh Consumer Products IPO allotment: The initial share sale was a fresh issuance of shares aggregating up to ₹130 crore and an offer-for-sale (OFS) component valued at ₹279 crore by promoter and investor-selling shareholders. It had a price band of ₹306 to ₹322 per share.

3 min read

Frequently asked questions

How to invest in the Ganesh Consumer Products IPO ?

Investors can apply for the Ganesh Consumer Products IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Ganesh Consumer Products IPO ?

The issue size of the Ganesh Consumer Products IPO is 408 Cr.

What is 'pre-apply' for Ganesh Consumer Products IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Ganesh Consumer Products IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.