Ganesh Consumer Products Set for IPO to Fuel Growth in Eastern India

Ganesh Consumer Products Ltd, a Kolkata-based FMCG firm, prepares for an IPO with a price band of Rs 306–322, aiming to raise Rs 408 crore. The issue opens on September 22. Funds will be used for debt repayment and expansion in gram flour production. The company leads in wheat-based products in Eastern India.

Devdiscourse News Desk | Kolkata | Updated: 17-09-2025 13:32 IST | Created: 17-09-2025 13:32 IST

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Kolkata's fast-moving consumer goods company, Ganesh Consumer Products Ltd, is gearing up for a public listing with its IPO priced between Rs 306 and Rs 322 per share. The company aims to raise Rs 408 crore through a combination of fresh issues and promoter stock sales.

Set to open on September 22, Ganesh Consumer Products will allow public and anchor investors to subscribe, taking advantage of its market dominance in eastern India. The company holds a 40.5% market share in packaged wheat flour in West Bengal, reinforcing its robust presence.

The IPO proceeds will strategically finance prepayment of debts and the establishment of a new roasted gram flour manufacturing unit in Darjeeling, aligning with Ganesh's expansion plans and bolstering its multi-channel distribution network.