Summary of this article
Orkla India IPO: Orkla India Ltd has reserved 50 per cent of the issue size for the qualified institutional buyer category, 15 per cent for the non-institutional investor category and 35 per cent of the net issue for retail investors.
Orkla India IPO GMP: Orkla India IPO (Orkla India Ltd) is scheduled to open for subscription on October 29. The multi-category food company’s public issue is garnering significant investor interest. Orkla India Ltd has announced the issue size and price band for the public issue.
Orkla India IPO: Offer Size and Price Band
Orkla India aims to raise Rs 1,667.54 crore through its public issue, which consists only of an offer-for-sale component of 22.8 million shares. Orkla India IPO price band has been fixed at Rs 695 to Rs 730 per share.
Orkla India IPO: GMP
The grey market premium for Orkla India shares is ranging between Rs 60 and Rs 70 per share on October 24. Orkla India shares can potentially list with gains of over 9.58 per cent at Rs 800 apiece based on the GMP.
Orkla India IPO: Lot Size and Minimum Investment
Orkla India IPO lot size is 20 shares, leading to minimum investment of Rs 14,600 per lot for the retail category. The minimum lot size for small non-institutional investors is 14 lots or 280 shares amounting to Rs 2,04,400, and for big non-institutional investors it is 69 lots leading to a minimum investment of Rs 10,07,400.
Orkla India IPO: Reservation
Orkla India Ltd has reserved 50 per cent for the qualified institutional buyer category, 15 per cent for the non-institutional investor category and 35 per cent of the net issue for retail investors.
Orkla India IPO: Subscription Window, Listing Date, Allotment Date
Orkla India IPO subscription window is scheduled to open on October 29 and will close on October 31. Orkla India IPO share allotment status will be announced on November 3. Post the announcement of the share allotment status of Orkla India IPO, unsuccessful bidders will receive refunds on November 4. Orkla India’s shares will be listed on the NSE and BSE. The tentative listing date for Orkla India Ltd shares is November 6.
Orkla India: Key Financials
Orkla India’s total income for the quarter ended June 30 stood at Rs 605.38 crore, the profit-after-tax of the company stood at Rs 78.92 crore. The net worth of the multi-category food company stood at Rs 1,931.12 crore in the quarter under review.
In the fiscal year ending March 31, 2025, Orkla India’s total income grew by nearly 3 per cent to Rs 2455.24 crore compared to Rs 2387.99 crore in the fiscal year ending March 31, 2024. Orkla India posted a net profit of Rs 255.69 crore, growing nearly 13 per cent from Rs 226.33 crore in the preceding fiscal. The net worth of the FMCG company declined by over 15 per cent to Rs 1853.47 crore in FY25 compared to Rs 2201.48 crore in FY24.
Orkla India IPO: Registrar
The book running lead manager for Orkla India IPO is ICICI Securities Ltd and the registrar for the issue is Kfin Technologies Ltd.
Orkla India: Promoters
The promoters of Orkla India Ltd include Orkla Asa, Orkla Asia Holdings As and Orkla Asia Pacific Pte Ltd. Orkla India Ltd’s promoters hold 90 per cent stake in the company prior to the issue.
Orkla India IPO: Objective
Orkla India Ltd will not receive the proceeds of the public issue. The company seeks to facilitate a partial exit for promoters and unlock value for its existing shareholders.
About Orkla India Ltd
Orkla India Ltd sells a wide range of food products via its brands MTR Foods, Eastern Condiments, and Rasoi Magic. The company caters to customers across India and has a presence in markets such as Karnataka, Kerala, Andhra Pradesh and Telangana. Orkla India Ltd also exports products to 42 countries. The multi-category food retailer has manufacturing facilities located across India, the UAE, Thailand and Malaysia.
