Indian stock markets are buzzing with new IPOs in 2025. The recent TechD CyberSecurity IPO had an overwhelming oversubscription of 718.37 times by the end of the subscription period, as of 18 September 2025.
India’s packaged food market is expected to grow at a CAGR of 9.93%, rising from ₹9,71,347 Cr in 2025 to ₹25,02,736 Cr in 2034. Leveraging this opportunity, Ganesh Consumer Products is set to launch its ₹408.8 Cr IPO on 22 September 2025, with a turnover of ₹850.46 Cr in the financial year 2024-2025.
Learn more about Ganesh Consumer Products IPO, IPO timeline, IPO GMP, lot size, price, and a quick review of the IPO, all in this blog.
Ganesh Consumer Products IPO Details
Here’s a quick view of Ganesh Consumer Products IPO structure, price band and more.
This section highlights the key details about the IPO, investors need to know.
| IPO Open Date | 22 September 2025 |
| Close Date | 24 September 2025 |
| Face Value | ₹10 per equity share |
| Price Band | ₹306–₹322 Per Share |
| Total Issue size | Approx. ₹408.8 Cr |
| Market Lot | 46 Shares |
| Sale Type | Undisclosed |
| Offer for Sale | Approx. 86,58,333 Equity Share |
| Fresh Issue | Approx. ₹130 Cr |
| Issue Type | Book Built Issue |
| Listing At | NSE, BSE |
| Issue Size | 1,26,95,600 shares |
| Reserved for Market Maker | 88,96,239 shares |
| Net Offered to Public | Undisclosed |
| Minimum Investment | ₹14,812 |
| Retail Discount | Undisclosed |
Ganesh Consumer Products IPO Timeline
The important dates you need to know about the opening and closing dates, allotment, credit of shares, and listing are mentioned below:
| IPO Open Date | 22 September 2025 |
| IPO Closing Date | 24 September 2025 |
| Tentative Allotment | 25 September 2025 |
| Initiation of Refunds | 26 September 2025 |
| Credit of Shares | 26 September 2025 |
| Tentative Listing Date | 29 September 2025 |
| Cut-off Time for UPI Mandate Confirmation | 24 September 2025 |
Ganesh Consumer Products IPO Grey Market Premium (GMP Today)
| Date | GMP (₹) | Estimated Listing Price |
| 22 Sept 2025 | ₹11 | ₹322 |
Ganesh Consumer Products IPO Reservation
Understand the reservation of the shares across market makers. This provides an overview of your allocation depending on investor type.
| Category | %Shares Offered |
| QIB | 28.46 |
| NII (HNI) | 21.35 |
| Retail Shares Offered | 49.81 |
| Employee Shares offered | 0.38 |
| Total | 100 |
Ganesh Consumer Products Key Performance Indicator(KPIs)
The KPIs highlight the company’s health and efficiency. Investors can compare these ratios with similar business for market understandability.
| 2025 | 2024 | 2023 | |
| ROE | 15.81 | 12.68 | 14.21 |
| ROCE | 19.81 | 16.73 | 14.96 |
| Debt to Equity Ratio | 0.22 | 0.17 | 0.42 |
| RoNW | 15.81 | 12.35 | 13.44 |
| PAT Margin | 4.17 | 3.56 | 4.44 |
| EBITDA Margin | 8.61 | 8.35 | 9.19 |
| EPS | 9.74 | 7.42 | 7.45 |
(Figures in %)
Ganesh Consumer Products IPO Financials
Here’s an overview of the company’s past performance over three years. It shows a consistent growth in revenue and profits.
| 2025 | 2024 | 2023 | |
| Revenue | 8,555.56 | 7,652.59 | 6,147.77 |
| Total Asset | 3,417.39 | 3,086.36 | 3,432.98 |
| Profit | 354.32 | 269.92 | 271.04 |
(Amount in ₹ million)
Ganesh Consumer Products IPO Lot Size
Here’s the minimum and maximum bid quantities of each category. It helps you to calculate how much you shall invest.
| Application | Lot Size | Shares | Amount(in ₹) |
| Individual investors (Retail) (Min) | 1 | 46 | 14,812 |
| Individual investors (Retail) (Max) | 13 | 598 | 1,92,556 |
| S-HNI (Min) | 14 | 644 | 2,07,368 |
| S-HNI (Max) | 67 | 3,084 | 9,92,404 |
| B-HNI (Min) | 68 | 3,128 | 10,07,216 |
Ganesh Consumer Products IPO Promoter Holding
This table shows how much stake the promoters hold pre-issue and retain post-issue.
| Promoter Holding Pre Issue | 75.30% |
| Promoter Holding Post Issue | 64.07% |
The promoters of the company are Purushottam Das Mimani, Manish Mimani, Madhu Mimani, Manish Mimani (HUF), and Srivaru Agro Private Limited.
Ganesh Consumer Products IPO Anchor Investors Details
Anchor investments generally indicate confidence among investors. Here’s what is disclosed till now:
| Bid Date | 19 September 2025 |
| Shares Offered | Undisclosed |
| Anchor Portion Size (In Cr.) | ₹122.33 Cr |
| Anchor lock-in period end date for 50% shares (30 Days) | 25 October 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | 24 December 2025 |
Ganesh Consumer Products IPO Subscription Status
Track IPO subscription by investors on each day. This helps to understand demand for the IPO before allotment:
| Day 1 | Upcoming |
| Day 2 | Upcoming |
| Day 3 | Upcoming |
Ganesh Consumer Products IPO Prospectus
Here you can access the official documents filed with SEBI for further information.
About Ganesh Consumer Products
Founded- 1936
Headquarters in Kolkata- West Bengal
Managing director- Manish Mimani
Ganesh Consumer Products Limited is an FMCG company. Based on the revenue for the financial year 2024–2025, it is the third-largest brand of packaged whole wheat flour and the largest brand in wheat-based products such as refined flour, semolina, and broken wheat in East India.
Moreover, the company is one of the top two players in packaged roasted gram flour and gram flour, with a market share of 43.4% for roasted gram flour and 4.9% for gram flour, again in East India. With the majority of customers opting for packaged wheat flour, it contributes approximately 8% towards the company’s brand.
The overall company’s growth is mostly attributed to the skills and experiences of its promoters and the managing director.
Objectives of the Ganesh Consumer Products
| Fund Utilisation | Amount (in ₹ million) |
| Repayment of all or part-payment of Debts | 600 |
| Capital Expenditure for setting up Roasted Gram Flour and Gram flour manufacturing unit in Darjeeling, West Bengal. | 450 |
| General Corporate Purposes | Undisclosed |
Strength Of Ganesh Consumer Products
- Strong financial performance: The company has a very strong track record and consistent financial performance over the last 3 financial years.
- Strategic location: The manufacturing units are strategically located, ensuring quick access to raw materials and maintaining efficient distribution to key markets.
- Diversified Product Portfolio: The company has diversified its product category into wheat and gram-based products.
- Largest Flour Brand in East India: Ganesh Consumer Products is the largest flour brand in the Eastern part of the country, which provides the advantage of economies of scale and customer loyalty.
Risk of Ganesh Consumer Products
- Dependence on wheat and gram products: The company’s key raw materials are wheat and gram; therefore, any fluctuations in supply or pricing of these products shall affect them.
- Geographical concentration: The portion of the company’s revenue generation is from the East Indian States, especially West Bengal. Reliance on a particular region is subject to change in local market scenarios, government regulations, or customer preferences, which can affect revenue.
- Ability to generate consistent revenue: Even though the company has been generating consistent revenue throughout the years, a failure to maintain this consistency and effectively expand and grow the revenue and operations will have adverse effects on the company.
- Legal and Regulatory Impact: Food product manufacturers are required to abide by certain food quality standards. Failure to maintain quality standards due to mishandling or improper storage of raw materials could lead to regulatory impacts on the company.
Conclusion
Ganesh Consumer Products Limited is a recognised name in the packaged food industry, with a wide range of wheat and gram-based products and a strong presence in the Eastern part of India. Its upcoming IPO shall provide a long-term growth opportunity to the investors.
While the business generates a consistent revenue and shows steady performance over the years, it is important for the investors to consider the risks associated with the procurement of raw materials.
FAQs
Ganesh Consumer Products Limited is launching its IPO to raise ₹408.8 Cr, which comprises ₹130 Cr of fresh issue, with a price band of ₹306–₹322 per share.
First, log in to Zerodha using Kite. Next, search for Ganesh Consumer Products Limited IPO and click on Apply, then click on Apply again and enter your UPI ID. After that, enter the Quantity and Price and click on the undertaking tick box, finally, swipe the Submit button and accept the mandate on the UPI app.
Ganesh Consumer Products Limited IPO will open on 22 September 2025.
The lot size of Ganesh Consumer Products Limited IPO is 46 shares.
You can apply to the Ganesh Consumer Products IPO online with payment options of UPI and ASBA.
Ganesh Consumer Products IPO allotment date is 25 September 2025.
Ganesh Consumer Products IPO listing date shall be 29 September 2025.
