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Ganesh Consumer Products IPO: Patanjali Rival Files Draft Papers, Eyes Rs 130 Crore Via Fresh Issue

  • Ganesh Consumer Products Ltd. has filed draft papers with the Securities and Exchange Board of India for its initial public offering (IPO).
  • The IPO includes a fresh issue of shares worth Rs 130 crore and an offer-for-sale (OFS) component of 1.24 crore shares.
  • The net proceeds from the fresh issue will be used for repayment of borrowings, funding capital expenditure, and general corporate purposes.
  • Ganesh Consumer is a Kolkata-based FMCG company known for its packaged whole wheat flour and wheat-based derivatives.

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