Ganesh Consumer Products IPO Overview
|
Category |
Details |
|
IPO
Opening Date |
September
22, 2025 |
|
IPO
Closing Date |
September
24, 2025 |
|
Price
Band |
₹306 –
₹322 per share |
|
Lot
Size |
46
shares and in multiples thereof |
|
Issue
Size |
₹409
crore (₹130 crore Fresh Issue + ₹279 crore Offer for Sale) |
|
Face
Value |
₹10 per
share |
|
Market
Lot |
46
shares |
|
Listing
Exchange |
NSE
& BSE |
|
Listing
Date |
Expected
October 2025 |
|
Grey
Market Premium (GMP) |
3% (as
of Day 3) (The Economic Times) |
Company Profile
Ganesh
Consumer Products Ltd., headquartered in Kolkata, is a prominent FMCG company
in East India. Established in 2000, the company offers a diverse range of
products, including:
- Whole wheat flour
- Value-added flour products
(maida, sooji, besan)
- Packaged instant food mixes
- Spices
- Ethnic snacks
The
company's flagship brand, "Ganesh," is well-recognized in the region,
with a strong distribution network and presence in both urban and rural
markets.
Financial
Snapshot (FY2025)
|
Metric |
Amount (₹ Crore) |
|
Revenue |
850.46 |
|
Net
Profit |
35.43 |
|
Earnings
Per Share (EPS) |
₹14.48 |
Use of IPO Proceeds
The funds
raised through the IPO will be utilized as follows:
- Debt Repayment: ₹60 crore
- Capital Expenditure: ₹45 crore for setting up a
roasted gram flour and gram flour manufacturing unit in Darjeeling, West
Bengal
- General Corporate Purposes: ₹25 crore
Subscription Status (As of Day 3)
|
Category |
Subscription (%) |
|
Qualified
Institutional Buyers (QIBs) |
51% |
|
Non-Institutional
Investors (NIIs) |
23% |
|
Retail
Individual Investors (RIIs) |
43% |
|
Employee
Portion |
1.06
times |
|
Overall
Subscription |
41% (The Economic Times) |
Investor Insights
- Anchor Investors: Prior to the IPO, the
company secured approximately ₹122 crore from anchor investors, including
renowned investor Ashish Kacholia (The Economic Times).
- Market Sentiment: The current GMP of 3%
indicates a moderate level of investor interest.
- Growth Potential: The company aims to
leverage the growing demand for packaged food products in East India, with
plans for expansion and enhanced marketing efforts.
Should You Subscribe?
Considering
the company's established presence in the FMCG sector, consistent financial
performance, and strategic use of IPO proceeds, Ganesh Consumer Products
presents a promising investment opportunity. The moderate GMP reflects cautious
optimism among investors. Long-term investors may find value in this IPO, while
short-term investors should monitor subscription trends and market conditions
closely.
For more
detailed information and updates, you can refer to the following sources:
- Economic Times - Ganesh Consumer IPO Day 3 Update
- Times of India - Ganesh Consumer IPO Details
- Economic Times - Ganesh Consumer IPO Price Band
