Ganesh Consumer Products IPO Opens Today; ₹122.33 Crore Raised from Anchors
By Shishta Dutta | Published at: Sep 22, 2025 09:34 AM IST
Kolkata, September 22, 2025: The Initial Public Offering (IPO) of Ganesh Consumer Products Limited is set to open today, on September 22, 2025. Interested investors can apply to the issue by logging in to their net banking portal and using the ASBA facility, or through an UPI mandate.
Incorporated in 2000 and with its headquarters in Kolkata, West Bengal, India, Ganesh Consumer Products Limited is an Indian FMCG company that offers a range of consumer staples, including whole wheat flour, value-added flour products (maida, sooji, besan), packaged instant food mixes, spices, ethnic snacks, and ethnic flours like singhara and bajri flour.
Book Build Issue of ₹408.80 Crore
Ganesh Consumer Products IPO has an issue size of ₹408.80 crore, including a fresh issue of ₹130.00 crore and offer for sale of ₹278.80 crore. The IPO will open today and will close on September 24, 2025with the shares expected to list on NSE and BSE on September 29, 2025. Share allotment is expected to be finalised on September 25, 2025. The company has set September 26, 2025, as the date for the credit of shares and refund initiation.
Objects of the Issue
- Funding capital expenditure for the setting up of a roasted gram flour and gram flour manufacturing unit in Darjeeling, West Bengal – 45 crore
- Prepayment and/or repayment of all or a portion of certain outstanding borrowings availed by the Company – 60 crore
- General corporate purposes
Raised ₹122.33 Crore From Anchor Investors
On September 19, ahead of the IPO, the company raised ₹122.33 crore from anchor investors by allocating them 37,99,362 equity shares at the upper price band of ₹322 per share. Key investors included:
| Anchor Investor | Shares Allotted | % of Anchor Portion | Amount (₹ crore) |
|---|---|---|---|
| Subhkam Ventures Pvt Ltd & Bengal Finance and Investment Pvt Ltd | 11,79,164 | 31.0% | 37.89 |
| Samsung India Small & Mid Cap Securities Master Trust | 3,53,749 | 9.3% | 11.39 |
| Sanshi Fund-I | 2,74,734 | 7.2% | 8.64 |
| PGIM India Equity Growth Opportunities Fund Series II | 2,74,734 | 7.2% | 8.64 |
| LC Pharos Multi Strategy Fund | 2,74,734 | 7.2% | 8.64 |
| Rajasthan Global Securities Pvt Ltd | 2,74,734 | 7.2% | 8.64 |
| Other Investors (Citigroup Global, BNP Paribas, Shine Star Build Cap, etc.) | 9,67,513 | 25.9% | 31.95 |
| Total | 37,99,362 | 100% | 122.33 |
The fundraising from anchor investors underscores the company’s potential in the FMCG segment. It remains to be seen how the IPO is subscribed across investor categories starting from today.
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