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The company operates in FMCG sector and The Indian packaged food market is estimated at ₹1,019,932 crore for FY 2024 and is expected to reach ₹1,729,872 crore by FY 2029, growing at a CAGR of ~11.1%.
Key growth drivers are demographic profile, urbanization and increased consumption demand in India and Expansion of modern trade and e-commerce sales channels.
| Revenue | ₹759.07 cr | ₹850.46 cr (+12.04%) | |
| PAT | ₹27.03 cr | ₹35.43 cr (+31.08%) | |
| PAT Margin | 3.56 % | 4.17 % (+17.13%) | |
| EBITDA | ₹63.35 cr | ₹77.91 cr (+22.98%) | |
| EBITDA Margin | 8.35 % | 9.16 % (+9.70%) | |
| ROE | 12.36 % | 15.62 % (+26.38%) | |
| ROCE | 16.73 % | 19.81 % (+18.41%) | |
| D/E | 0.18 | 0.22 (+22.22%) |
It offers a range of consumer staples comprising of (i) whole wheat flour (atta), (ii) wheat and gram-based value-added flour products (including, refined wheat flour (maida), semolina flour (sooji), roasted gram flour (sattu), gram flour (besan), cracked wheat (dalia) amongst others) and (iii) other emerging food products including packaged instant food mixes (such as khaman dhokla and bela kachori), spices (whole, CTC powder (chilly, turmeric and coriander) and blended), ethnic snacks (such as (including bhujia and chanachur) and ethnic flours such as singhara flour, pearl millet (bajri) flour, etc.
PE Ratio: 36.72x Average Sector PE Ratio: 33.81x
| QIB Shares Offered: | 6330677 |
| - Anchor Investor Shares Offered: | 3799362 |
| − QIB (Ex. Anchor) Shares Offered : | 2531315 |
| NII (HNI) Shares Offered: | 1899203 |
| - bNII > ₹10L: | 1266135 |
| - sNII < ₹10L: | 633068 |
| Retail Shares Offered: | 4431474 |
| Total Shares Offered: | 12661354 |
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 46 | ₹14812 |
| Retail (Max) | 46 | 598 | ₹192556 |
Avg IPO Size (Sector Based):
₹ 987.72 cr.
Average Sector PE Ratio:
33.81 X
Listing Price:
₹ 296.05
Ganesh Consumer Products Limited is a FMCG company headquartered in Kolkata, West Bengal and are the third largest brand of packaged whole wheat flour (atta) and largest brand of wheat-based derivatives (maida, sooji, dalia)in East India, in terms of value sold in Fiscal 2024. (Source: Technopak Report)Our Companyis also one of the top two players for packaged sattu and besan (which are gram-based flour products) inEast India with a share ~42% (sattu) and ~5% (besan) in East India market for respective products in Fiscal2024,with a growing presence in various consumer staple categories such as spices and ethnic snacks. (Source: Technopak Report) The Company has a share of approximately 41% by value sold in Fiscal 2024 in West Bengal for wheat-based products including wheat flour, maida, sooji and dalia.(Source: Technopak Report)As on September 30, 2024, their product portfolio comprises of 42products with 215SKUs across their various product categories
Dam Capital Advisors Limited (Formerly Idfc Securities Limited), based in Mumbai is the Lead Manager (BRLM) of Ganesh Consumer IPO. Dam Capital Advisors Limited (Formerly Idfc Securities Limited) has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Dam Capital Advisors Limited (Formerly Idfc Securities Limited) .
IIFL Securities Limited, based in Mumbai is the Lead Manager (BRLM) of Ganesh Consumer IPO. IIFL Securities Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of IIFL Securities Limited .
Motilal Oswal Investment Advisors Limited, based in Mumbai is the Lead Manager (BRLM) of Ganesh Consumer IPO. Motilal Oswal Investment Advisors Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Motilal Oswal Investment Advisors Limited .
Ganesh Consumer Products IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ganesh Consumer Products Financial Review Page
Merchant Banker(s) of Ganesh Consumer Products IPO: Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , IIFL Securities Limited , Motilal Oswal Investment Advisors Limited
Ganesh Consumer Products IPO subscription was 2.68 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Ganesh Consumer Products IPO listed at a listing price of 296.05 against the offer price of 322.00.
The current market price of Ganesh Consumer Products is 295.15.
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