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  1. Orkla India IPO subscribed 20% so far on opening day: 10 key things to know

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Orkla India IPO subscribed 20% so far on opening day: 10 key things to know

Kamal Joshi

3 min read | Updated on October 29, 2025, 10:50 IST

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SUMMARY

Orkla India IPO: The ₹1,667.54 crore issue is entirely an offer for sale (OFS) of 22,843,004 shares by the promoter, Orkla Asia Pacific Pte Ltd, and investors Navas Meeran and Feroz Meeran.

Orkla India is a multi-category Indian food company, selling products under prominent brands such as MTR, Rasoi Magic, and Eastern. | Image: OrklaIndia.com

Orkla India is a multi-category Indian food company, selling products under prominent brands such as MTR, Rasoi Magic, and Eastern. | Image: OrklaIndia.com

Orkla India IPO: MTR Foods maker Orkla India's initial public offering opened for subscription on Wednesday, October 29. The issue will conclude on October 31. It has set a price band of ₹695 to ₹730 per share.

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In the anchor round, the company raised ₹499.6 crore from investors, including Nippon India Mutual Fund, LIC Mutual Fund, Baroda BNP Paribas Mutual Fund, Aditya Birla Sun Life Mutual Fund, Nomura Funds Ireland, Jupiter India Fund, Government Pension Fund Global and Pinebridge India Equity Fund.

Orkla India IPO day 1 subscription status

CategorySubscription Status (As of 10:48 am)
Qualified Institutional Buyers (QIBs)--
Non-Institutional Investors30%
Retail Investors27%
Total20%

Orkla India IPO: 10 key points to know

  • Orkla India IPO subscription period: The initial share sale is open from Wednesday, October 29, to Friday, October 31.
  • IPO offer structure: The ₹1,667.54 crore IPO is entirely an offer for sale (OFS) of 22,843,004 shares by promoter Orkla Asia Pacific Pte Ltd and investors Navas Meeran and Feroz Meeran.
  • Objectives: As there is no fresh issue component, the company will not receive any IPO proceeds. The money raised will go to selling shareholders.
  • Orkla India IPO price band: The price band has been fixed at ₹695 to ₹730 per equity share.
  • Reservation: The company has set aside 50% of the net offer for qualified institutional buyers, 15% for non-institutional investors (NIIs) and 35% for retail investors.
  • Orkla India IPO lot size: Retail investors can bid for a minimum of 20 shares and in multiples thereafter.
  • Book-running lead manager and registrar: ICICI Securities, JP Morgan India, Citigroup Global Markets India and Kotak Mahindra Capital are the IPO's book-running lead managers. KFin Technologies serves as the registrar.
  • Orkla India IPO allotment date: The basis for the allotment is likely to be finalised on November 3.
  • Listing date: The listing on the stock exchanges will take place on November 6.
  • Promoter holding: Orkla Asa, Orkla Asia Holdings As and Orkla Asia Pacific Pte Ltd hold a 90.01% stake in the company, which will be reduced to 75% post-issue.

Orkla India IPO GMP

According to media reports and investorgain.com, Orkla India's unlisted shares are trading at ₹807, reflecting a grey market premium of 10.55%, or ₹77, over the upper price band of ₹730.
Disclaimer: Grey Market Premium (GMP) is an unofficial indicator of market sentiment toward an IPO. It is not regulated 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.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.

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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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