New Delhi, Sept. 24 -- Ganesh Consumer Products IPO in focus: The initial public offering (IPO) of Ganesh Consumer Products was subscribed over 2.5 times on the final day of bidding, September 24. The issue, which opened for bidding, received bids for 2.38 crore shares as of 5:00 p.m. today, against the offered 88.96 lakh shares, resulting in a subscription rate of 2.68 times, according to exchange data.

The retail portion was booked 1.16 times, while the non-institutional investors (NII) witnessed strong demand, with their portion subscribed 4.41 times, and the qualified institutional buyers (QIBs) quota was bid 4.03 times. Finally, the employee portion was booked 2.14 times.

The Rs.408.80 crore IPO of Ganesh Consumer Products comprise...