Ganesh Consumer Products IPO Allotment Finalized, Set to List on September 29

1 min read     Updated on 25 Sept 2025, 11:57 AM
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Overview

Ganesh Consumer Products has completed its IPO allotment process and is scheduled to list on BSE and NSE on September 29. The IPO was subscribed 2.68 times overall, with QIBs at 4.03 times, NIIs at 4.41 times, and retail at 1.17 times. The price band was set at Rs 306-322 per share, raising Rs 122.34 crore from anchor investors. Allotment status can be checked via MUFG Intime India registrar portal or BSE website. Shares will be credited to successful applicants on September 26, with refunds processed the same day. The grey market premium is around 1%, suggesting cautiously positive investor sentiment.

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*this image is generated using AI for illustrative purposes only.

The initial public offering (IPO) of Ganesh Consumer Products has reached a significant milestone with the finalization of its allotment process. The company is now gearing up for its stock market debut, scheduled for September 29 on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

IPO Subscription Details

The IPO, which was open for subscription from September 22 to September 24, garnered considerable interest from various investor categories:

Category Subscription (times)
Overall 2.68
Qualified Institutional Buyers (QIB) 4.03
Non-Institutional Investors (NII) 4.41
Retail 1.17

Pricing and Fundraising

Ganesh Consumer Products set the price band for its IPO at Rs 306-322 per share. The company successfully raised Rs 122.34 crore from anchor investors prior to the public issue.

Allotment Status and Important Dates

Investors who participated in the IPO can now check their allotment status through two primary channels:

  1. MUFG Intime India registrar portal
  2. BSE website

To verify the allotment, investors will need to provide one of the following details:

  • PAN (Permanent Account Number)
  • Application number
  • DP/Client ID

Key dates for investors to note:

  • September 26: Crediting of shares to successful applicants' demat accounts
  • September 26: Processing of refunds for unsuccessful applicants
  • September 29: Expected listing date on BSE and NSE

Market Sentiment

The grey market premium for Ganesh Consumer Products shares is currently hovering around 1%, indicating a cautiously positive sentiment among investors ahead of the listing.

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Ganesh Consumer IPO Closes with Muted Response, 0.41x Subscription

1 min read     Updated on 24 Sept 2025, 09:14 AM
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Reviewed by
Riya DScanX News Team
Overview

Ganesh Consumer Products Limited's IPO concluded with an overall subscription of 0.41 times, falling short of expectations. The Rs 408.80 crore mainboard issue comprised Rs 130.00 crore in fresh shares and a Rs 278.80 crore offer for sale. Despite the muted response, the grey market shows a modest premium of Rs 9, indicating a potential listing price of Rs 331. Share allotment is expected on September 25, with listing scheduled for September 29 on BSE and NSE.

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*this image is generated using AI for illustrative purposes only.

Ganesh Consumer Products Limited's Initial Public Offering (IPO) concluded with a lukewarm response from investors, achieving an overall subscription of 0.41 times. The mainboard issue, valued at Rs 408.80 crore, failed to generate significant enthusiasm in the market.

IPO Details

The IPO comprises fresh shares worth Rs 130.00 crore and an offer for sale amounting to Rs 278.80 crore. The company had set the price band with a cap of Rs 322 per share.

Grey Market Premium

Despite the muted subscription, the grey market shows a modest premium of Rs 9. This indicates an estimated listing price of Rs 331, suggesting potential gains of 2.80% per share over the issue price.

Key Dates

  • Share Allotment: Expected on September 25
  • Listing Date: Scheduled for September 29 on both BSE and NSE

Company Background

Ganesh Consumer Products, based in Kolkata, is an FMCG company with a rich heritage in the food industry spanning over 80 years.

Subscription Details

Category Subscription (times)
Overall 0.41

The table above shows the overall subscription status of the IPO, reflecting the muted investor interest.

While the response to the IPO has been subdued, it's important to note that market conditions and investor sentiment can be influenced by various factors. Potential investors and market watchers will be keenly observing the upcoming allotment and listing processes.

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