Ganesh Consumer Products IPO
Ganesh Consumer Products IPO — date, price band, lot size & details 2025
Ganesh Consumer Products listed on 29 Sep 2025 at ₹296.05, 8.1% below the ₹322 issue price.
Ganesh Consumer Products is a Kolkata-based FMCG company known for wheat-based products under the Ganesh brand. B2C operations made up 76.98% of revenue in FY2025.
Stock price
Ganesh Consumer Products is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 10 November.
- Open 22 Sep 2025
- Close 24 Sep 2025
- Allotment 25 Sep 2025
- Refund/credit 26 Sep 2025
- Listing 29 Sep 2025
Issue summary
The terms of the offer, as filed.
| IPO Dates | 22 to 24 Sep, 2025 |
|---|---|
| Price Band | ₹306 – ₹322 |
| Face Value | ₹10 |
| Lot Size | 46 Shares |
| Issue Size | ₹408.8 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Employee Discount | Rs 30.00 per share |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,812 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 46 shares at the ₹322 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 46 | ₹14,812 |
| Retail (max) | 13 | 598 | ₹1,92,556 |
| S-HNI (min) | 14 | 644 | ₹2,07,368 |
| S-HNI (max) | 67 | 3,082 | ₹9,92,404 |
| B-HNI (min) | 68 | 3,128 | ₹10,07,216 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Total income rose from Rs 614.78 crore in FY2023 to Rs 855.16 crore in FY2025.
- 02Profit after tax rose from Rs 27.10 crore in FY2023 to Rs 35.43 crore in FY2025.
- 03B2C operations made up 76.98% of revenue in FY2025.
- 04Rs 60.00 crore of the fresh issue was for repaying debt, and debt to equity was 0.22.
- 05Return on capital employed was 19.81% and return on equity was 15.81%.
Risks · 7
- 01Rs 278.75 crore of the Rs 408.8 crore issue was offer for sale and did not reach the company.
- 02The PAT margin was thin at 4.17% and the EBITDA margin was 8.61%.
- 03The P/E was 36.72 at the upper band of Rs 322, based on post-issue EPS of Rs 8.77.
- 04Wheat prices directly affect costs in a business with income of Rs 855.16 crore.
- 05Profit after tax was flat at Rs 27.10 crore in FY2023 and Rs 26.99 crore in FY2024.
- 06Shares listed at Rs 296.05 against the issue price of Rs 322.
- 07Promoters held 75.3% before the issue and held 64.07% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Ganesh Consumer Products offer document.
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 341.74 | 308.64 | 343.30 |
| Total Income | 855.16 | 765.26 | 614.78 |
| Profit After Tax | 35.43 | 26.99 | 27.10 |
| EBITDA | 73.24 | 63.35 | 56.14 |
| NET Worth | 224.13 | 218.65 | 201.62 |
| Reserves and Surplus | 190.47 | 184.98 | 167.95 |
| Total Borrowing | 50.00 | 38.29 | 86.13 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Ganesh Consumer Products RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Ganesh Consumer Products IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹9.74 | ₹8.77 |
| P/E Ratio (x) | 33.06 | 36.72 |
| Market Cap at Offer Price (₹ Cr) | ₹1,171.30 | ₹1,300.85 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹322 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹153.14 Cr of the issue is earmarked to named objects.
Ganesh Consumer Products IPO Anchor Investors
14 anchor investors across 13 fund houses committed ₹122.34 Cr a day before the issue opened.
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
The company launched 11 products and 94 SKUs over the past three years, including spices, ethnic snacks and sattu variants.
B2C operations made up 76.98% of revenue in FY2025. Other sales go to FMCG companies and the hotel and restaurant trade.
The IPO was Rs 408.8 crore, with Rs 130.05 crore of fresh issue and Rs 278.75 crore of offer for sale. Rs 60.00 crore was planned for repaying borrowings and Rs 45.00 crore for a roasted gram flour plant.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Ganesh Consumer Products IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Motilal Oswal Investment Advisors
40 issues handledBest listing: GNG Electronics (+49.8%). Weakest: Turtlemint Fintech Solutions (-10.4%).
IIFL Capital Services Limited
50 issues handledBest listing: Tonbo Imaging India (+65.7%). Weakest: Acevector (-11.5%).
Dam Capital Advisors Ltd
16 issues handledBest listing: ESDS Software Solution (+76.5%). Weakest: Prasol Chemicals (-9.8%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Ganesh Consumer Products?
The current Grey Market Premium is ₹0.
What is the Ganesh Consumer Products IPO price band?
₹306 to ₹322, on a face value of ₹10.
When is the allotment?
The basis of allotment is 25 September 2025, with listing on 29 September 2025.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
