Ganesh Consumer Products IPO to open on Sept 22, co looks to raise Rs 409cr
Times of India | 18 September 2025Ganesh Consumer Products chairperson and MD Manish Mimani said: "Of Rs 130 crore, Rs 45 crore will be invested to set up a new production facility for gram flour and roasted gram flour close to Siliguri. Another Rs 60 crore will be utilised for repayment of working capital loans, and Rs 25 crore will be kept for general corporate purposes."
The promoters' group and Motilal Oswal hold 75% and close to 25% in Ganesh Consumer Products, respectively.
After the OFS, their reduced holdings will be close to 64% and 4.5% respectively, Mimani said.
Ganesh Consumer Products clocked a revenue of Rs 850.4 crore and a post-tax profit of Rs 35.4 crore in FY25. Company CFO Amit Tapadia said that in the next five years, the packaged segment is expected to double its share to 36-40% in the consumer staples market in eastern India.
