Ganesh Consumer Products IPO GMP, Open Date, Price Band, DRHP Filed

  • 03-Jan-2025
  • 2 mins read
Ganesh Consumer Products IPO GMP

Ganesh Consumer Products IPO GMP, Open Date, Price Band, DRHP

Ganesh Consumer Products IPO GMP will be available once the IPO is open for subscription. Ganesh Consumer Products files DRHP to SEBI for its upcoming IPO. This IPO's open date is expected to be in the first week of May 2025. This upcoming IPO is a book-built issue offering a combination of fresh issues and offers for sale. The company is offering worth up to Rs 130 crore fresh issue equity shares and up to 1.24 crore equity shares as an offer for sale.

Also Read | Reliance Jio IPO GMP, Open Date, Price Band, Allotment Status, DRHP

Ganesh Consumer Products IPO GMP

Ganesh Consumer Products IPO GMP has not yet started. The IPO GMP today indicates the interest of retail investors in the IPO. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Ganesh Consumer Products IPO GMP might rise in the coming days.

Ganesh Consumer Products IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes are 10% or below the premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the Ganesh Consumer Products IPO, GMP is expected to quote the initial ticks at a premium of 15% or above.

Ganesh Consumer Products IPO Open Date, Close Date

Ganesh Consumer Products IPO's open date and close date are expected to be in the first week of May 2025. However, as of now, the open and close date has not yet been finalised.

Ganesh Consumer Products IPO Price Band

Ganesh Consumer Products IPO price band will be available soon. The minimum amount of investment for the retail category is to be around Rs 14,900, and for small HNI, the minimum investment will be around Rs 2,08,600.

Ganesh Consumer Products IPO Issue Size

Ganesh Consumer Products IPO issue size is worth up to Rs 130 crore equity shares as a fresh issue and up to 1.24 crore equity shares as an offer for sale. The total number of equity shares that will be issued in this IPO and the total aggregate size of this IPO in rupees have not yet been disclosed.

Ganesh Consumer Products IPO Allotment Status

Ganesh Consumer Products IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Ganesh Consumer Products IPO Listing Date

Ganesh Consumer Products IPO's listing date will be available soon. The listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Ganesh Consumer Products IPO: Listing Date, Lot Size, Price Band

IPO Open Date

First week of May 2025 (Expected)

Listing Date

First week of May 2025 (Expected)

Face Value

Rs 10 per share

Price

Yet to be announced

Lot Size

Yet to be announced

Total Issue Size

Yet to be announced

Fresh Issue

[-] shares

(aggregating up to Rs 130 Cr)

Offer for Sale

12,442,089 shares

(aggregating up to Rs [-] Cr)

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

Ganesh Consumer Products Limited: About the Company

Ganesh Consumer Products IPO

Ganesh Consumer Products Limited, established on March 9, 2000, is a one of key player in the Indian food industry, the copmay is specialising in packaged wheat flour and derivatives.

Previously known as Ganesh Wheat Products Private Limited, later the company rebranded to reflect its broader product offerings. Headquartered in Kolkata, West Bengal, it operates 8 state-of-the-art manufacturing facilities across Eastern India.

Ganesh Consumer Products is recognised as the third largest brand of packaged whole wheat flour and the leading brand for wheat-based derivatives in the region. 

Ganesh Consumer Products IPO Objectives

Ganesh Consumer Products IPO's objective is to utilise the net proceeds for repayment and/or pre-payment of all or a portion of certain borrowings availed by the company amounting to Rs 50 crore, funding capital expenditure for the setting up of a roasted gram flour and gram flour manufacturing unit in Darjeeling, West Bengal amounting Rs 50 crores and further into general corporate purposes. (All the data mentioned in the paragraph are as per DRHP filed with SEBI by the company).

Ganesh Consumer Products IPO: Key Dates, Allotment, Listing Date

IPO Open Date

First week of May 2025 (Expected)

IPO Close Date

First week of May 2025 (Expected)

Basis of Allotment

Yet to be announced

Initiation of Refunds

Yet to be announced

Credit of Shares to Demat

Yet to be announced

Listing Date

Second week of May 2025 (Expected)

Cut-off time for UPI mandate

Yet to be announced

Ganesh Consumer Products Financials

Ganesh Consumer Products Limited posted revenue of Rs 759.07 crore and a net profit of Rs 26.99 crore for the period ending on March 31, 2024. The company's revenue increased by 24.28% between the FY ending on March 31, 2024 and March 31, 2023. 

Period Ended

30-Jun-24

31-Mar-24

31-Mar-23

Assets

384.69

307.87

342.59

Revenue

189.46

759.07

610.75

Profit After Tax

13.43

26.99

27.10

Total Borrowing

96.74

38.29

86.13

Ganesh Consumer Products IPO Subscription Details, IPO Reservation

Ganesh Consumer Products IPO subscription details will be available soon. Ganesh Consumer Products IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

Ganesh Consumer Products IPO Lot Size Details

Ganesh Consumer Products IPO lot size will be revealed soon. The minimum amount of investment for the retail category is to be around Rs 14,900, and for small HNI, the minimum investment will be around Rs 2,08,600.

Ganesh Consumer Products IPO Promoter Holdings

Ganesh Consumer Products promoters are Purushottam Das Mimani, Manish Mimani, Madhu Mimani, Manish Mimani (HUF) and Srivaru Agro Private Limited. The promoters' shareholdings before the IPO were 74.29%; however, after the IPO, shareholdings will decline.

Ganesh Consumer Products IPO Registrar

Ganesh Consumer Products IPO registrar is Link Intime India Private Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status.

Ganesh Consumer Products IPO Lead Managers

Ganesh Consumer Products IPO lead manager(s) are DAM Capital Advisors Limited, IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited.

How to apply to Ganesh Consumer Products IPO

Interested investors can apply to the Ganesh Consumer Products IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Ganesh Consumer Products IPO FAQ

1. What are the details of the Ganesh Consumer Products IPO?

Ganesh Consumer Products IPO is a book-built issue offering a combination of worth up to Rs 130 crore equity shares as a fresh issue and up to 1.24 crore equity shares as an offer for sale.

2. When will the Ganesh Consumer Products IPO open and close?

Ganesh Consumer Products IPO's open date is expected to be in the first week of May 2025. However, as of now, the open and close date has not yet been finalised.

3. What is Ganesh Consumer Products IPO GMP?

Ganesh Consumer Products IPO GMP quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription starts. If the subscription is oversubscribed, then Ganesh Consumer Products IPO GMP will also rise.

4. What are the details of the Ganesh Consumer Products IPO reservation?

Ganesh Consumer Products IPO subscription details will be available soon. Ganesh Consumer Products IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

5. Write the details of the IPO Allotment Status.

Ganesh Consumer Products IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and the lead managers for Ganesh Consumer Products IPO?

Ganesh Consumer Products IPO registrar is Link Intime India Private Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status. The lead manager(s) of Ganesh Consumer Products IPO are DAM Capital Advisors Limited, IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited.

Also Read:


Close

Let's Open Free Demat Account