Market Performance
The focus in the stock market today is on the much-awaited Ganesh Consumer Products IPO allotment. Investors who applied during the three-day bidding window are keen to know whether they have secured shares in this ₹451-crore issue.
The public issue, which received strong interest, was subscribed nearly 3 times its offer size, underlining the demand for this FMCG player.
Main News
The IPO allotment process for Ganesh Consumer Products is set to be finalized on September 25, 2025. The company had launched its maiden issue with a mix of fresh equity and offer for sale, structured as follows:
- Fresh issue: ₹130 crore
- Offer for Sale (OFS): ₹278.8 crore by existing promoters
- Total issue size: ₹451 crore
- Price band: ₹306 – ₹322 per share
This issue saw participation across investor categories, and with nearly three times oversubscription, the allotment outcome has become the most anticipated step for market participants.
Company Details
Ganesh Consumer Products is a Kolkata-based fast-moving consumer goods company. It operates in the staples and packaged foods category, with a portfolio that includes:
- Wheat flour, maida, sooji, and dalia
- Packaged instant food mixes
- Spices and ethnic snacks
The company has earmarked the proceeds from the fresh issue for specific growth and operational needs:
- ₹60 crore: Repayment of borrowings
- ₹45 crore: Setting up a new manufacturing unit for roasted gram flour and gram flour in West Bengal’s Darjeeling
- Remaining funds: General corporate purposes
How to Check IPO Allotment Status
Investors can check the Ganesh Consumer Products IPO allotment status through multiple official platforms. Here’s a quick guide:
- Registrar Website: Visit the official registrar portal, select the company, and enter PAN or application details.
- NSE Website: Go to the IPO section, choose the company, and log in with application or PAN details.
- BSE Website: Use the “Status of Issue Application” tab under Investor Services, select equity, and enter PAN or application details to view allotment status.
Summary
The Ganesh Consumer Products IPO, valued at ₹451 crore, has attracted strong subscription, closing nearly three times over its size. The allotment is being finalized today, making it a significant event in the stock market today. With its presence in consumer staples and expansion plans in packaged food categories, the IPO has drawn wide attention across investor circles.
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