Mumbai, September 17, 2025: Ganesh Consumer Products Limited has announced the launch of its Initial Public Offering (IPO), which will open for subscription on Monday, September 22, 2025, and close on Wednesday, September 24, 2025. The company has fixed the price band at ₹306–₹322 per equity share with a face value of ₹10 each. Anchor investor bidding will be held on Friday, September 19, 2025.
The minimum bid lot is 46 equity shares and in multiples of 46 thereafter. As on date, the company has 36,373,259 equity shares outstanding. The IPO comprises a fresh issue worth ₹130 crore and an offer for sale of 86,58,333 equity shares.
According to the company, the net proceeds from the fresh issue will be utilized for multiple purposes. Around ₹600 million will go towards prepayment or repayment of certain borrowings, while ₹450 million will be used for capital expenditure to set up a roasted gram flour and gram flour manufacturing unit in Darjeeling, West Bengal. The remaining funds will be directed towards general corporate purposes.
Ganesh Consumer Products is an FMCG company headquartered in Kolkata, West Bengal, with a strong presence in wheat and gram-based products. As per a Technopak report, in fiscal 2025 the company is the third-largest packaged whole wheat flour (atta) brand in East India and the largest in wheat-based derivatives such as maida, sooji, and dalia. It is also one of the top two players in packaged sattu and besan, holding 43.4% market share in sattu and 4.9% in besan in East India.
In West Bengal, the company enjoys a significant 40.5% market share by value in wheat-based products, including atta, maida, sooji, and dalia. Ganesh Consumer Products has expanded its presence through general trade, modern retail, and e-commerce channels, while also growing in consumer staple categories like spices and ethnic snacks.
