Orkla India IPO ended on day 2 of public bidding for its initial public offering with an oversubscription by investors, which commenced on October 29.
With an overall subscription of 2.7 times, the Orkla India IPO will accept applications till October 31. According to the information available on the official website of NSE, till day 2 of bidding, Qualified Institutional Buyers subscribed 0.06 times. Meanwhile, Non Institutional Investors subscribed 7.59 times and Retail Individual Investors subscribed 2.11 times.
IPO investment details:
🍛 Orkla India IPO: Can the MTR maker spice up Dalal Street?
— Narayan Kulkarni (@narayankulkarni) October 29, 2025
📊 The Numbers
IPO Size: ₹1,667 cr (Offer-for-Sale of 22.8 mn shares)
Price Band: ₹695 – ₹730
Parent: Norway’s $11 bn FMCG giant — Orkla ASA
Brands: MTR & Eastern (2.3 mn packs sold daily across 400 products)… pic.twitter.com/M1gDkNZ1Ag
The minimum investment to apply for the IPO is Rs 13,900 for 1 lot with 20 shares. With an issue size of Rs 1,667.54 crore, the price range for the Orkla India IPO is set at Rs 695-730.
GMP details:
As per various media sources, the latest grey market premium hints at a 9 per cent listing gains for investors.
Timeline:
The allotment of shares is expected to take place on November 3 and the listing of shares will tentatively take place on November 6.
About Orkla India:
The firm is a subsidiary of Orkla ASA, a Norway-based industrial investment company. Orkla India operates as a multi-category Indian food company involved in the manufacturing and sale of packaged food products.
Also Read
The company operates through its two primary brands, MTR and Eastern and its portfolio includes around 400 products across two key segments: spices and convenience foods.
With a strong presence in the south Indian markets, the company also exports to 45 countries, including regions in the Gulf Cooperation Council (GCC), the US and Canada.
