Ganesh Consumer Products IPO
Ganesh Consumer Products Limited (GANESHCP) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 29 September 2025.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain -2.0% (likely range -8% to +3%), day's high 0.0%, chance of a gain 33%. Actual: -8.1% at the open, -4.1% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 24,38,987 | 1,01,88,678 | 4.18x | |
| NII (HNI) total | 19,31,103 | 83,75,910 | 4.34x | |
| Big NII (above ₹10 lakh) | 12,87,402 | 72,58,386 | 5.64x | |
| Small NII (₹2-10 lakh) | 6,43,701 | 11,17,524 | 1.74x | |
| Retail | 45,05,907 | 51,64,972 | 1.15x | |
| Employees | 36,231 | 73,416 | 2.03x | |
| Total | 89,12,228 | 2,38,02,976 | 2.67x |
Bids on NSE and BSE together, as published by NSE, as of 24 Sep 2025, 07:00 PM. Shares offered exclude the anchor portion. 18% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Ganesh Consumer Products's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Elin ElectronicsDec 2022 | 4.51x | 3.29x | 2.20x | 3.09x | ₹501 Cr | -1.2% | -0.8% |
| Keystone RealtorsNov 2022 | 3.84x | 3.03x | 0.53x | 2.01x | ₹668 Cr | +2.6% | +5.3% |
| S.P. ApparelsAug 2016 | 2.21x | 5.10x | 1.90x | 2.66x | ₹254 Cr | +2.6% | +7.7% |
| Capital Small Finance BankFeb 2024 | 6.64x | 4.05x | 2.49x | 4.00x | ₹544 Cr | -8.1% | -1.1% |
| GTPL HathwayJun 2017 | 1.48x | 2.85x | 0.99x | 1.53x | ₹492 Cr | 0.0% | +2.9% |
| Sula VineyardsDec 2022 | 4.13x | 1.51x | 1.65x | 2.33x | ₹960 Cr | +1.1% | +1.8% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| DAM Capital Advisors | 37 | +13.6% | 59% |
| IIFL Capital Services | 94 | +19.3% | 71% |
| Motilal Oswal Investment Advisors | 47 | +15.0% | 72% |
Offer documents (NSE)
Frequently asked
What is the Ganesh Consumer Products IPO price band and lot size? ₹306–322 per share, with a lot of 46 shares, so the smallest retail bid is ₹14,812.
How many times has it been subscribed? 2.67x overall: QIB 4.18x, NII 4.34x, retail 1.15x, employees 2.03x.
How did it list? It opened at ₹296, -8.1% against the issue price of ₹322, and closed its first day -8.6%.
