Ganesh Consumer Products came to market through an IPO that opened on 22 September 2025 and closed on 24 September 2025, and the shares listed on 29 September 2025 on BSE, NSE. The price band was ₹306 to ₹322 per share and one lot was 46 shares, so the minimum application was ₹14,812. The issue size was ₹408.8 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
MUFG Intime India Pvt.Ltd was the registrar to the issue, and Dam Capital Advisors Ltd., IIFL Capital Services Ltd., Motilal Oswal Investment Advisors Ltd were the lead managers.
As of 24 September 2025.
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Incorporated in 2000, Ganesh Consumer Products Limited is an FMCG organization based in Kolkata, West Bengal, and is the market leader in wheat derivatives (maida, sooji, dalia) in East India. The company provides a variety of consumer staples such as whole wheat flour, value-added flour products (maida, sooji, besan), packaged instant food mixes, spices, ethnic snacks, and ethnic flours such as singhara and bajri flour. The flagship brand, "Ganesh," has a diversified portfolio of products across several segments.
In the last three years, the company has introduced 11 products and 94 SKUs, ranging from spices to ethnic snacks and variants of sattu. The B2C business generates 76.98% of revenues in Fiscal 2025. Other business includes B2B distribution to FMCG firms, HoReCa businesses, small retailers, and by-products such as wheat bran for animal feed. The company markets its general trade channel via 28 C&F agents, 9 super stockists, and 972 distributors.
As of March 31, 2025, the product portfolio consists of 42 products with 232 SKUs under different product categories. Product Portfolio: - Whole Wheat Flour (Atta): Sharbati Atta, White Atta, Multigrain Atta, Diabetes Control Atta, Gluten Free Atta - Wheat and Gram value added flours: Bakery Maida, Super Fine Maida, Tandoori Atta, Rumali Atta - Roasted Gram Flour: Multigrain Sattu, Sweet Sattu, Jaljeera Sattu, Chocolate Sattu - Spices:
Turmeric Powder, Chilli Powder, Coriander Whole and Powder, Cumin Whole and Powder, Various Blended Spices As of March 31, 2025, the company has 206 permanent staff.
As described in the offer document.
| Metric | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
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Ganesh Consumer Products mobilised Rs 122 crore from anchor investors of its Rs 409 crore IPO. Subhkam Ventures, Bengal Finance, and Samsung India were the largest investors in the anchor book, each investing Rs 18.98 crore for 5.89 lakh shares each. Ace investor Madhusudan Kela-backed Singularity Equity Fund, along with Sanshi Fund, PGIM India, and LC Pharos Multi Strategy Fund, acquired 2.74 lakh shares each for Rs 8.84 crore.
Srivaru Agro Private Limited. Promoter holding 75.3% before the issue and 64.07% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Ganesh Consumer Products IPO was a ₹408.8 crore book-built issue, comprising a fresh issue of ₹130 crore and an offer for sale of ₹278.8 crore. It was priced at ₹306–₹322 per share with a lot size of 46 shares (₹14,812). The IPO was open from September 22 to September 24, 2025 and was subscribed 2.68x. Shares listed on BSE and NSE on September 29, 2025 at ₹296.05, a 8.1% discount to the issue price of ₹322. MUFG Intime India Pvt.
Ltd. is the registrar. Dam Capital Advisors Ltd. and 2 other book running lead managers manage the issue.
The price band of Ganesh Consumer Products IPO is ₹306 to ₹322 per share.
The lot size of Ganesh Consumer Products IPO is 46 shares.
The minimum investment for Ganesh Consumer Products IPO is approximately ₹14,812 based on the upper price band.
The allotment date of Ganesh Consumer Products IPO is Sep 25, 2025.
Ganesh Consumer Products IPO listed on Sep 29, 2025. It was issued at ₹296.05.0(NSE) and is currently around ₹173.00 as on 2-Nov-2026 3:30 PM, which is approximately -46.3% versus issue price. The 52-week high is ₹295.65.
You can check Ganesh Consumer Products IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Ganesh Consumer Products IPO allotment status on Rupix for quick and easy access.
₹306 to ₹322 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 46 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,812.
₹14,812, for one lot of 46 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 22 September 2025 and closed on 24 September 2025.
The basis of allotment was published on 25 September 2025 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 29 September 2025 on BSE, NSE.
The issue size was ₹408.8 crore. The fresh issue was 40,37,267 shares (aggregating up to ₹130 crore). The offer for sale was 86,58,333 shares (aggregating up to ₹278.8 crore).