Ganesh Consumer Products is a leading FMCG company headquartered in Kolkata, West Bengal, with over eight decades of experience in the food industry. The company is the third-largest brand of packaged whole wheat flour and the largest in wheat-based derivatives like maida, sooji, and dalia in East India. With seven manufacturing facilities across West Bengal, Uttar Pradesh, and Telangana, the company offers a comprehensive range of consumer staples including whole wheat flour, value-added flour products, packaged instant food mixes, spices, ethnic snacks, and speciality flours, serving both B2B and B2C markets through an extensive distribution network.
IPO schedule
Issue open date
2025-09-22
Issue close date
2025-09-24
UPI mandate deadline
2025-09-24 (5 PM)
Allotment finalization
2025-09-25
Refund initiation
2025-09-26
Share credit
2025-09-26
Listing date
2025-09-29
Mandate end date
2025-10-09
Lock-in end date for anchor investors (50%)
2025-10-25
Lock-in end date for anchor investors (remaining)
2025-12-24
Financials
Financial Year Ended
March 2023
March 2024
March 2025
Total Assets
343.30
308.64
341.74
Revenue
614.78
765.26
855.16
Profit After Tax
27.10
26.99
35.43
Issue size
Funds Raised in the IPO
Amount
Total issue
₹408.80 crores
Fresh issue
₹130.00 crores
Offer for sale
₹278.80 crores
Utilisation of proceeds
Purpose
INR crores (%)
Prepayment and/or repayment of all or a portion of certain outstanding borrowings
60 (46.15%)
Funding capital expenditure for the setting up of a roasted gram flour and gram flour manufacturing unit in Darjeeling
45 (34.61%)
General corporate purposes
25 (19.23%)
Strengths
Diversified portfolio across staples, spices, and snacks.
Seven manufacturing facilities across three states.
Established since 1936 with strong brand loyalty.
Robust B2B and B2C distribution network.
Risks
Dependence on wheat and gram supply and pricing.
Revenue concentration in East India, especially West Bengal.
Seasonal fluctuations in raw material availability.