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  5. Orkla India IPO subscribed 4.29 times so far on day 3: Check allotment date and steps

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Orkla India IPO subscribed 4.29 times so far on day 3: Check allotment date and steps

Kamal Joshi
By Kamal Joshi

3 min read | Updated on October 31, 2025, 10:50 IST

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SUMMARY

Orkla India IPO: The ₹1,667.54 crore initial share sale, with a price band of ₹695 to ₹730 per share, is a complete offer for sale by the promoter, Orkla Asia Pacific Pte, and shareholders Feroz Meeran and Navas Meeran.

IPO Allotment date Orkla India, earlier called MTR Foods, manufactures products such as ready-to-eat spices, sweets, and breakfast mixes under brands such as MTR, Rasoi Magic, and Eastern.

Orkla India, earlier called MTR Foods, manufactures products such as ready-to-eat spices, sweets, and breakfast mixes under brands such as MTR, Rasoi Magic, and Eastern. | Image: LinkedIn/Orkla India

Orkla India IPO: The initial public offer of Orkla India Ltd, the parent company of spices and condiments brands MTR and Eastern, has been subscribed 4.29 times so far on Friday, October 31, the final day of bidding.

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The issue received bids for 6,87,00,520 shares as 1,59,99,104 shares on offer, according to the data on the NSE website until 10:50 am.

The part reserved for non-institutional investors fetched 13.44 times subscription, while the category for retail investors got subscribed 2.77 times. The portion for qualified institutional buyers (QIBs) secured a 8% subscription.

The ₹1,667.54 crore initial share sale, with a price band of ₹695 to ₹730 per share, is a complete offer for sale by promoter Orkla Asia Pacific Pte and shareholders Feroz Meeran and Navas Meeran. A lot consists of 20 shares.

As there is no fresh issue component, the company will not get any issue proceeds. The money raised will go to selling shareholders.

Orkla India, earlier called MTR Foods, manufactures products such as ready-to-eat spices, sweets, and breakfast mixes under brands such as MTR, Rasoi Magic, and Eastern.

Orkla India IPO: Allotment and listing dates

The basis of allotment of the Orkla India IPO is expected to be finalised on November 3. The company's shares will make their debut on the stock exchanges on November 6.

Lenskart IPO: Check live day 1 subscription status, price band, lot size and key dates

How to check Orkla India IPO allotment status on KFin Technologies

  • Visit the registrar's official website: https://ipostatus.kfintech.com/
  • In the ‘Select IPO’ dropdown list, select ‘Orkla India Ltd’
  • Identify yourself using IPO application number, PAN or Demat account number
  • Click on ‘Submit’

Steps to check Orkla India IPO allotment status on NSE

Orkla India IPO allotment status on BSE: Step-by-step guide

  • Open BSE's allotment page in your browser: https://bseindia.com/investors/appli_check.aspx
  • Issue type should be kept as 'Equity'
  • From the ‘Issue Name’ dropdown menu, select ‘Orkla India Ltd’
  • Add PAN or IPO application number
  • Click on the ‘I’m not a robot’ tab
  • Hit the ‘Search’ button

Orkla India IPO GMP

According to media reports and investorgain.com, Orkla India's unlisted shares are trading at ₹800, reflecting a grey market premium of 9.59%, or ₹70, over the upper price band of ₹730.
Disclaimer: Grey Market Premium (GMP) is not regulated or recommended by the stock exchanges or SEBI. Upstox does not endorse or facilitate trading in the grey market. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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