Ganesh Consumer Products’ ₹ 409-Crore initial public offering Opeens today for the public in the ₹ 306 to ₹ 322 price band. The IPO will close on September 24, and the lot size is 46 equity shares. The IPO Consists of a Fresh Issue Worth Up to ₹ 130 Crore and An Offer-For-SALE (ofs) of 86.58 Lakh Shares Valued at ₹ 279 Crore by the Promoter and Selling SHAREHLDERS.
Of the IPO proceeds, ₹ 60 Crore will be utilized for payment of debt; ₹ 45 Crore for Setting Up a Roasted Gram Flour and Gram Flour Manufacturing Unit in Darjeeling; And general corporate purposes.
Ganesh Consumer Products Ltd Has Raised Over ₹ 122 Crore from Anchor Investors as Part of the iPo Process by allotting 37.99 Lakh Equity Shares to 14 Funds at ₹ 324 APIECE, SOME OFEECE Participated in the anchor round included subhkam ventures, Bengal Finance and Investment, Saint Capital Fund, BNP Paribas Financial Markets, Citigrup Global Markets Mauritius, And rajasthan globalus Securities, according to a circular uploaded on bse’s website.
Ganesh Consumer Products iPo has reserved not more than 50 per cent of the shares in the public issue for Qualified Institute Buyers (QIB), Not Less Than 15 Per Cent for Non-Institutional Investigation (Nii), and not less than 35 per cent of the offer is reserved for retail investors.
Establed in 1936, The Company Offers 42 Products Across Staples, Spices, Ethnic Snacks, and Emerging Food Categories.
As of September 30, 2024, it has a distribution network covering over 70,000 retail outlets, modern trade stores, and e-commerce platforms. It operates Seven Manufacturing Facilites Across West Bengal, Uttar Pradesh, and Telangana.
Dam Capital Advisors Ltd, IIFL Capital Services Ltd, and Motilal Oswal Investment Advisors are the Book-Running Lead Manners, While Mufg INTIME INDIA PVT LTD is the Offer ‘Register’
Brokers’ views
Anand Rathi: at the upper price band, the company is valued at 36.7x fy25 p/e, translating to a post -Sue market capitalization of ₹ 13,012 Million. Its strategy centers on Strengthening B2C Operations, Expeding Reach in Existing Markets, and Driving Growth in New Regents, With the Current Core Focus on West Bengal, Jharkhand, Bihar, Odisha, and Assam. The company also AIMS to Enhance Brand Visibility Across Urban, Semi-Urban, and Rural East India through intensified marketing and advertising initiatives. Given these facts, the IPO appears full valied and is recommended as a “subscribe – long term.”
Published on September 22, 2025