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Ganesh Consumer Products IPO: The initial public offering (IPO) of Ganesh Consumer Products Ltd concluded its final day of bidding today, September 24, with the issue subscribed 2.67 times, as per provisional exchange data.

Investors bid for 2.38 crore shares against the 89.12 lakh shares on offer. Out of which, the Qualified Institutional Buyers(QIBs) portion received bids for 1.01 crore shares against the allotted 24.38 lakh shares.

Non-Institutional Investors (NIIs) portion received bids for 83.75 lakh shares out of 19.31 lakh shares allotted, Retail Individual Investors (RIIs) portion bid for 51.64 lakh shares out of 45.05 lakh shares reserved.

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Specifically, QIBs subscribed 4.18 times, NIIs subscribed 4.34 times, while RIIs subscribed 1.15 times.

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The IPO is a book-built issue of Rs 408.80 crores, comprising a fresh issue of Rs 130 crores and an Offer for Sale (OFS) of Rs 278.80 crores. The company plans to use the IPO proceeds for debt repayment, funding capital expenditure for setting up a roasted gram flour manufacturing unit in Darjeeling and for general corporate purposes.

Price band: Rs 306 to Rs 322 apiece

Subscription period: September 22 to September 24, 2025

Allotment date: September 25, 2025

Listing date: September 29, 2025, on BSE and NSE

Lot size: Minimum bid of 46 shares, amounting to Rs 14,812 at the upper price band

Ganesh Consumer Products is a Kolkata-based FMCG company founded in 1936. It specialises in food grain flours, operating primarily in East India. The company manufactures wheat-based products along with spices, food mixes, and snacks.

Financially, the company reported revenue of Rs 855.16 crore in FY 2025 and profit after tax (PAT) of Rs 35.43 crore.

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Currently working as a trainee Sub-Editor at Zee Business, Shristi Rani is passionate about storytelling and delivering content that engages diverse audiences across digital platforms.

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