Ganesh Consumers IPO Subscription Status

As of 5:00 PM on 23 September 2025, the Ganesh Consumers IPO was subscribed 0.42 times on its second day of bidding.

• QIB (Qualified Institutional Buyers): 0.49x
• NII (Non-Institutional Investors): 0.23x
• RII (Retail Individual Investors): 0.44x

Investors have placed bids for 36,93,754 shares against a total issue size of 88,96,239 shares so far.

• Day 1 subscription: 0.12x
• Day 2 cumulative subscription: 0.42x

Company Overview

Ganesh Consumer Products Ltd., headquartered in Kolkata, traces its roots back to 1936. From its early days, the company has been engaged in producing and marketing a wide range of everyday food staples and specialty items, including:

• Whole wheat flour (atta) and other flours such as maida, sooji, and besan
• Ready-to-cook mixes, blended spices, and traditional Indian snacks
• Niche flours like singhara and bajri, catering to regional and festive demand

The firm follows a business-to-consumer (B2C) strategy, supplying products directly to end customers through one of East India’s largest distribution networks, which is regarded as a key competitive strength. Within the packaged wheat-flour market, Ganesh ranks as the third most popular brand in East India, with its products accounting for roughly 8 percent of the region’s packaged-atta purchases.

This sustained growth is attributed to the company’s experienced promoters and an active Managing Director, whose strategic direction continues to drive market expansion.

Financial Highlights

• FY 2024–25 revenue: ₹855.16 crore (up from ₹765.26 crore in FY 2023–24)
• Net profit (PAT): ₹35.43 crore in FY 2024–25 vs. ₹26.99 crore in the previous year
• Consistent year-on-year growth underscores strong consumer demand and efficient supply-chain operations.

Grey Market Premium (GMP)

As of Tuesday, 23 September 2025, the Ganesh Consumers IPO carried a grey-market premium (GMP) of ₹10, suggesting that shares were trading around ₹332 in the unofficial market compared with the official issue price of ₹322.