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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Ganesh Consumer Products Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹322
Per ShareLot Size
46 Shares
Minimum Investment
₹14,812
Issue Size
₹408.8 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
75.28%
Promoter Holding (Post-Issue)
64.08%
Issue Type
Book Building
ISIN
INE652V01016
We are a FMCG company headquartered in Kolkata, West Bengal and in terms of value sold in Fiscal 2025 we are the third largest brand of packaged whole wheat flour (atta) and largest brand in wheat-based derivatives (maida, sooji, dalia) in East India. In East India, in terms of value for Fiscal 2025, our Company is also one of the top two players for packaged sattu and besan (which are gram-based flour products) with a share ~43.4% (sattu) and ~4.9% (besan) in East India market for respective products, with a growing presence in various consumer staple categories such as spices and ethnic snacks. We offer a range of consumer staples comprising of (i) whole wheat flour (atta), (ii) wheat and gram-based value-added flour products, and (iii) other emerging food products. Our products are sold under our flagship brand "Ganesh", which serves as our primary identity in the market.
The Indian packaged food market is estimated at Rs.1,117,457 crore for FY 2025 and is expected to reach Rs.1,877,251 crore by FY 2030, growing at a CAGR of ~10.9%. This growth is driven by factors like consumer preference for the convenience of packaged food, a growing number of working women and the growth of modern retail. The packaged staples segment makes up the largest portion of this market, estimated at Rs.406,334 crore in FY 2025 and projected to grow to Rs.653,406 crore by FY 2030, at a CAGR of ~10.0%. Within the packaged staple market, packaged edible oil and packaged flour are the two highest-value categories. The packaged flour market, encompassing packaged wheat flour, maida, besan, sattu and ethnic flour, was valued at Rs. 42,704 crore in FY 2025 and is expected to reach Rs.86,962 crore by FY 2030, at a CAGR of ~15.3%.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to 12,695,600 equity shares of face value of Rs. 10 each of the company ("Equity Shares") for cash at a price of Rs. 322 per equity share (Including a Share Premium of Rs. 312 per Equity Share) ("Offer Price") aggregating up to Rs. 408.80 crores ("Offer"). The offer comprises a fresh issue of up to 40,37,267 equity shares of face value of Rs. 10 each aggregating up to Rs. 130.00 crores ("Fresh Issue") and an offer for sale of up to 8,658,333 equity shares of face value of Rs. 10 ("Offered Shares") aggregating up to Rs. 278.80 crores, comprising up to 1,341,132 equity shares of face value of Rs. 10 aggregating up to Rs. 43.18 crores by Manish Mimani, up to 145,494 equity shares of face value of Rs. 10 aggregating up to Rs. 4.68 crores by Madhu Mimani (Collectively, the "Promoter Selling Shareholders, up to 1,238,061 equity shares of face value of Rs. 10 aggregating up to Rs. 39.87 crores by India Business Excellence Fund II and up to 5,933,646 equity shares of face value of Rs. 10 aggregating up to Rs. 191.06 crores by India Business Excellence Fund IIA (Collectively, The "Investor Selling Shareholders", together with the promoter selling shareholders, the "Selling Shareholders", and such offer for sale of equity shares by the selling shareholders, the "Offer for sale"). This offer includes a reservation of up to [*] equity shares of face value of Rs. 10 each aggregating up to Rs. 1.00 Crore (Constituting up to [*]% of the post-offer paid-up Equity Share Capital) for purchase by eligible employees (The "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer would constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital. The Company, in consultation with the brlms, may offer a discount of up to [*]% (Equivalent to Rs. [*] per Equity Share) to the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). A discount of Rs. 30 per equity share is being offered to eligible employees bidding in the employee reservation portion
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was originally incorporated as a private limited company under the name Ganesh Wheat Products Private Limited at Kolkata, West Bengal under the Companies Act, 1956, pursuant to a certificate of incorporation dated March 9, 2000, issued by the RoC. Subsequently, our Company acquired the business of Ganesh Flour Mills, a sole proprietorship firm pursuant to a Business Transfer Agreement. Subsequently, pursuant to a resolution passed by our Shareholder's in the extraordinary general meeting held on December 24, 2010, the name of our Company was changed from Ganesh Wheat Products Private Limited to Ganesh Grains Private Limited, to reflect the principal object and the kind of business activities to be carried out by our Company and consequently, a fresh certificate of incorporation dated January 4, 2011, was issued by the RoC to our Company. Subsequently, our Company was converted from a private limited company to a public limited company, pursuant to a resolution passed by the Shareholder's in the extraordinary general meeting held on January 28, 2011, and the name of our Company was changed to Ganesh Grains Limited, and a fresh certificate of incorporation dated February 5, 2011, was issued to our Company by the RoC. Subsequently, pursuant to a resolution passed by our Shareholder's in the extraordinary general meeting held on July 13, 2024, the name of our Company was changed from Ganesh Grains Limited to Ganesh Consumer Products Limited, to reflect the true nature of Company's business and a fresh certificate of incorporation dated August 12, 2024, was issued by the Registrar of Companies, Central Processing Centre.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.