About Ganesh Consumer Products:
The company, headquartered in Kolkata, West Bengal, is a prominent FMCG player and ranked as the third-largest packaged whole wheat flour (atta) brand and the largest brand in wheat-based derivatives such as maida, sooji, and dalia in East India by value in Fiscal 2025 (Source: Technopak Report). It is also among the top two players in East India for packaged sattu (~43.4% share) and besan (~4.9% share). Through its flagship brand “Ganesh,” the company offers a diverse portfolio of consumer staples, including flour, spices, and ethnic snacks.
About the Industry in which Ganesh Consumer Products operates:
The Indian packaged food market was valued at ₹1,117,457 crore in FY 2025 and is projected to reach ₹1,877,251 crore by FY 2030, growing at a CAGR of ~10.9% (Source: Technopak Report). This growth is fueled by rising demand for convenience, an increasing number of working women, and the expansion of modern retail. The packaged staples segment, the largest contributor, is estimated at ₹406,334 crore in FY 2025 and expected to reach ₹653,406 crore by FY 2030, with packaged flour alone projected to grow from ₹42,704 crore to ₹86,962 crore.
| Important Information and Timelines of the IPO of Ganesh Consumer Products: | |
|---|---|
| Open Date | 22 September 2025 |
| Close Date | 24 September 2025 |
| Total Issue Size – Number of Shares | 12695600 |
| Minimum Bid Price | 306 |
| Maximum Bid Price | 322 |
| Lot Size | 46 |
| Basis of Allotment | 25 September 2025 |
| Initiation of Refunds and Credit of Shares to Demat | 26 September 2025 |
| Listing Date | 29 September 2025 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Ganesh Consumer Products:
| Category | Lots | Shares | Amount (in ₹) |
|---|---|---|---|
| Retail – Minimum | 1 | 46 | 14812 |
| Retail – Maximum | 13 | 598 | 192556 |
| sHNI – Minimum | 14 | 644 | 207368 |
| sHNI – Maximum | 67 | 3082 | 992404 |
| bHNI – Minimum | 68 | 3128 | 1007216 |
Objective of the IPO of Ganesh Consumer Products:
-
Prepayment and/or repayment of all or a portion of certain outstanding borrowings availed by the company.
-
Funding capital expenditure for setting up a roasted gram flour and gram flour manufacturing unit in Darjeeling, West Bengal.
-
General corporate purposes.
Financials of Ganesh Consumer Products:
| Particulars | March 31, 2025 | March 31, 2024 | March 31, 2023 |
|---|---|---|---|
| Share Capital (₹ million) | 363.73 | 363.73 | 363.73 |
| Net Worth (₹ million) (4) | 2,241.33 | 2,186.47 | 2,016.16 |
| Revenue from Operations (₹ million) (1) | 8,504.62 | 7,590.73 | 6,107.51 |
| PAT (₹ million) (2) | 354.32 | 269.92 | 271.04 |
| Earnings per Share – Basic (₹) | 9.74 | 7.42 | 7.45 |
| Earnings per Share – Diluted (₹) | 9.74 | 7.42 | 7.45 |
| Net Asset Value per Equity Share (₹) (3) | 61.62 | 60.11 | 55.43 |
| Total Borrowings (₹ million) (5) | 500.00 | 382.87 | 861.28 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Ganesh Consumer Products. You will receive a UPI mandate after 10:00 AM on 22 September 2025.
###1. How to apply for the IPO of Ganesh Consumer Products on Dhan?
You can apply for the IPO of Ganesh Consumer Products from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Ganesh Consumer Products be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 26 September 2025. However, you will be able to see the shares of Ganesh Consumer Products on Dhan before the market starts on the listing date which is 29 September 2025.