Ganesh Consumer Products IPO Day 1: Check Subscription Status, GMP & Key Highlights
Ganesh Consumer Products Ltd is an FMCG company engaged in the production and sale of wheat-based products, gram-based flour products and other consumer staples. The company has launched its Initial Public Offering (IPO) today, on September 22, 2025. The bidding window for the Ganesh Consumer IPO will be open till September 24, 2025, for public subscription.
The allotment process for Ganesh Consumer IPO is expected to be finalised on September 25, 2025, and the company’s shares will be listed on both BSE and NSE. The tentative listing date is fixed as September 29, 2025.
Ganesh Consumer Products IPO Day 1 Subscription Status
[September 22, 2025, 11:00 A.M]
On Day 1, Ganesh Consumer Products IPO saw a subscription of 0.03 times so far as per the NSE data. The public issue was subscribed to 0.06 times by Retail Individual Investors (RIIs), 0.01 times by Non-Institutional Investors (NIIs), and 0.12 times by Employees. It is yet to receive any bids from the Qualified Institutional Buyers (QIBs).
Ganesh Consumer Products Ltd. IPO Details
Ganesh Consumer IPO is a bookbuilding of ₹408.80 crores. The issue is a combination of fresh issue of 0.40 crore shares aggregating to ₹130.00 crores and offer for sale of 0.87 crore shares aggregating to ₹278.80 crores. The issue price band is set at ₹306 to ₹322 per share. The minimum lot size for an application is 46, and the minimum amount required for a retail investor is ₹14,076 (46 shares).
DAM Capital Advisors Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited) and Motilal Oswal Investment Advisors Limited are the book-running lead manager, and MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited) is the registrar for the IPO.
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Utilisation of Proceeds
The Company will utilise the net proceeds from the issue for the following purposes:
- Prepayment and/or repayment of all or a portion of certain outstanding borrowings availed by the Company.
- Funding capital expenditure for the setting up of a roasted gram flour and gram flour manufacturing unit in Darjeeling, West Bengal.
- General Corporate Purposes.
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Ganesh Consumer Products Ltd - GMP Details
According to Livemint, the Grey Market Potential (GMP) of Ganesh Consumer IPO stood at ₹10 as of September 22, 08:36 AM. The estimated listing price is expected to be ₹332 based on the upper price band of ₹322. The expected percentage gain per share is 3.11%.
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Source: Livemint Media Report dated September 22, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
About Ganesh Consumer Products Ltd
Ganesh Consumer Products Ltd is a Kolkata-based FMCG company founded (corporatised) in 2000, known for its flagship “Ganesh” brand. It is a leading player in East India in wheat-based staples (atta, maida, sooji, dalia) and wheat/gram derivates (besan, sattu), and has expanded into spices, instant mixes, ethnic snacks, and specialty flours.
Financially, the company reported revenue of ₹855.16 crore in FY 2025 and profit after tax (PAT) of ₹35.43 crore.
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