Ganesh Consumer Products IPO
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Schedule of Ganesh Consumer Products
| Issue open date | 22 Sep 2025 |
| Issue close date | 24 Sep 2025 |
| UPI mandate deadline | 24 Sep 2025 (5 PM) |
| Allotment finalization | 25 Sep 2025 |
| Refund initiation | 26 Sep 2025 |
| Share credit | 26 Sep 2025 |
| Listing date | 29 Sep 2025 |
| Mandate end date | 09 Oct 2025 |
| Lock-in end date for anchor investors (50%) | 25 Oct 2025 |
| Lock-in end date for anchor investors (remaining) | 24 Dec 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Ganesh Consumer Products
Ganesh Consumer Products is a leading FMCG company headquartered in Kolkata, West Bengal, with over eight decades of experience in the food industry. The company is the third-largest brand of packaged whole wheat flour and the largest in wheat-based derivatives like maida, sooji, and dalia in East India. With seven manufacturing facilities across West Bengal, Uttar Pradesh, and Telangana, the company offers a comprehensive range of consumer staples including whole wheat flour, value-added flour products, packaged instant food mixes, spices, ethnic snacks, and speciality flours, serving both B2B and B2C markets through an extensive distribution network.
Financials of Ganesh Consumer Products
Issue size
| Funds Raised in the IPO | Amount |
| Total issue | ₹408.80 crores |
| Fresh issue | ₹130.00 crores |
| Offer for sale | ₹278.80 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Prepayment and/or repayment of all or a portion of certain outstanding borrowings | 60 (46.15%) |
| Funding capital expenditure for the setting up of a roasted gram flour and gram flour manufacturing unit in Darjeeling | 45 (34.61%) |
| General corporate purposes | 25 (19.23%) |
Strengths
- Diversified portfolio across staples, spices, and snacks.
- Seven manufacturing facilities across three states.
- Established since 1936 with strong brand loyalty.
- Robust B2B and B2C distribution network.
Risks
- Dependence on wheat and gram supply and pricing.
- Revenue concentration in East India, especially West Bengal.
- Seasonal fluctuations in raw material availability.
- Intense competition in a fragmented market.
- Exposure to legal and regulatory proceedings.
Allotment Status for Ganesh Consumer Products
To check your allotment status – click here.
Subscription Figures for Ganesh Consumer Products
As per media reports (Link), the Grey Market Premium (GMP) of Ganesh Consumer Products is reported at ₹12 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on September 23, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 25.31 | 12.50 | 0.49x |
| NII | 18.99 | 4.34 | 0.23x |
| Retail | 44.31 | 19.70 | 0.44x |
| Employees | 0.34 | 0.38 | 1.12x |
| Total | 88.96 | 36.93 | 0.42x |