Ganesh Consumer Products Ltd - IPO

Ganesh Consumer Products Ltd IPO Details

Initial public offering of up to 12,695,600 equity shares of face value of Rs. 10 each of the company (Equity Shares) for cash at a price of Rs. 322 per equity share (Including a Share Premium of Rs. 312 per Equity Share) (Offer Price) aggregating up to Rs. 408.80 crores (Offer). The offer comprises a fresh issue of up to 40,37,267 equity shares of face value of Rs. 10 each aggregating up to Rs. 130.00 crores (Fresh Issue) and an offer for sale of up to 8,658,333 equity shares of face value of Rs. 10 (Offered Shares) aggregating up to Rs. 278.80 crores, comprising up to 1,341,132 equity shares of face value of Rs. 10 aggregating up to Rs. 43.18 crores by Manish Mimani, up to 145,494 equity shares of face value of Rs. 10 aggregating up to Rs. 4.68 crores by Madhu Mimani (Collectively, the Promoter Selling Shareholders, up to 1,238,061 equity shares of face value of Rs. 10 aggregating up to Rs. 39.87 crores by India Business Excellence Fund II and up to 5,933,646 equity shares of face value of Rs. 10 aggregating up to Rs. 191.06 crores by India Business Excellence Fund IIA (Collectively, The Investor Selling Shareholders, together with the promoter selling shareholders, the Selling Shareholders, and such offer for sale of equity shares by the selling shareholders, the Offer for sale). This offer includes a reservation of up to [*] equity shares of face value of Rs. 10 each aggregating up to Rs. 1.00 Crore (Constituting up to [*]% of the post-offer paid-up Equity Share Capital) for purchase by eligible employees (The Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer would constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital. The Company, in consultation with the brlms, may offer a discount of up to [*]% (Equivalent to Rs. [*] per Equity Share) to the offer price to eligible employees bidding in the employee reservation portion (Employee Discount).A discount of Rs. 30 per equity share is being offered to eligible employees bidding in the employee reservation portion

Objective of issue

prepayment and or/ repayment of all or a portion of certain outstanding borrowings availed by the company. Funding capital expenditure for the setting up of a roasted gram flour and gram flour mfg unit in. General corporate purposes.

Ganesh Consumer Products Ltd Contact Details

Ganesh Consumer Products Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - investors@ganeshconsumer.com

Website - www.ganeshconsumer.com