The Orkla India IPO has a face value of ₹ 1 per share with aggregated issue of ₹11,667.54 Crores. Orkla India IPO bidding subscription opens on Oct 29. 2025 and closes on Oct 31, 2025. The allotment for the Orkla India IPO is expected to be finalized on Nov 3, 2025. Orkla India IPO will list on BSE, NSE with a tentative listing date fixed as Nov 6, 2025.
Orkla India IPO price band is set at ₹695 to ₹730 per share and the lot size for an application is 20 shares. The minimum amount of investment required by a retail is ₹14,600(20 shares)(based on upper price). The lot size investment for sNII is 14 lots(280 shares), amounting to ₹2,04,400, and for bNII, it is 69 lots(1380 shares), amounting to ₹10,07,400.
Orkla India IPO Details
The details for the Orkla India IPO are:
| Particulars | Details |
| IPO Date | October 29, 2025 to October 31, 2025 |
| Listing Date | — |
| Face Value | ₹1 per share |
| Issue Price Band | ₹695 to ₹730 per share |
| Lot Size | 20 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 2,28,43,004 shares(aggregating up to ₹1,667.54 Cr) |
| Employee Discount | ₹69.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 13,69,89,230 shares |
| Share Holding Post Issue | 13,69,89,230 shares |
Orkla India IPO Timeline
The Orkla India IPO will follow the timeline given below:
| Particulars | Details |
| IPO Open Date | Wed, Oct 29, 2025 |
| IPO Close Date | Fri, Oct 31, 2025 |
| Tentative Allotment | Mon, Nov 3, 2025 |
| Initiation of Refunds | Tue, Nov 4, 2025 |
| Credit of Shares to Demat | Tue, Nov 4, 2025 |
| Tentative Listing Date | Thu, Nov 6, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Oct 31, 2025 |
Orkla India IPO Grey Market Premium (GMP Today)
The Orkla India IPO GMP today stands at ₹106 today. The premium has remained steady for the past two days, showing the market is carrying a neutral sentiment ahead of the listing.
| Date | GMP (₹) | Estimated Listing Price | Estimated Listing Gain | Trend |
| 28-10-25 | 106 | 836 | 14.52% | Neutral |
| 27-10-25 | 106 | 836 | 14.52% | Decreasing |
Note: GMP (Grey Market Premium) values are sourced from the grey market and are subject to rapid change based on demand, subscription status, and market sentiment.
Orkla India IPO Reservation
The reservation for the Orkla India IPO is as follows:
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than than 35% of the Net Offer |
| NII Shares Offered | Not less than than 15% of the Net Offer |
Orkla India Key Performance Indicator
The key performance indicators for Orkla India are:
| Key Performance Indicators (KPIs) | FY 2023 | FY 2024 | FY 2025 |
| ROE (Return on Equity) | — | — | — |
| ROCE (Return on Capital Employed) | 32.1% | 20.7 % | 32.7% |
| Debt/Equity Ratio | 0.00 x | 0.00 x | 0.00 x |
| RoNW (Return on Net Worth) | 15.2 % | 10.3 % | 13.8 % |
| PAT Margin | 15.4 % | 9.6 % | 10.7 % |
| EBITDA Margin | 14.4 % | 14.6 % | 16.6% |
| Price to Book Value | — | — | 5.40 |
| Market Capitalisation (₹ Cr) | — | — | ~10,000 |
Orkla India IPO Financials
The key financials for Orkla India (in ₹ million) are:
| Particulars | FY 2023 | FY 2024 | FY 2025 |
| Revenue | 21,724.8 | 23,560.1 | 23,947.1 |
| Total Assets | 31,019.6 | 33,751.9 | 31,713.0 |
| Profit After Tax (PAT) | 3,391.3 | 2,263.3 | 2,556.9 |
Orkla India IPO Lot Size
For the Orkla India IPO, the following lot sizes are available:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 20 | ₹14,600 |
| Retail (Max) | 13 | 260 | ₹1,89,800 |
| S-HNI (Min) | 14 | 280 | ₹2,04,400 |
| S-HNI (Max) | 68 | 1,360 | ₹9,92,800 |
| B-HNI (Min) | 69 | 1,380 | ₹10,07,400 |
Orkla India IPO Promoter Holding
The promoters’ holdings of the Orkla India IPO are:
| Promoter Holding Pre Issue | 90.01% |
| Promoter Holding Post Issue | 75% |
Orkla India IPO Anchor Investors Details
The details for Orkla IPO anchor investors are given below:
| Particulars | Details |
| Bid Date | 28 October 2025 |
| Shares Offered | To be announced (portion of QIB quota) |
| Anchor Portion Size (₹ Cr.) | Not disclosed in RHP |
| Anchor Lock-in Period End Date for 50 % Shares (30 Days) | 6 December 2025 (30 days from allotment date 3 Nov 2025) |
| Anchor Lock-in Period End Date for Remaining 50 % Shares (90 Days) | 4 February 2026 (90 days from allotment date 3 Nov 2025) |
Orkla India IPO Prospectus
For a detailed Orkla India IPO review, check these official documents:
About Orkla India
Orkla India is a subsidiary of Orkla ASA, a Norway-listed industrial investment company. The company operates in the Indian packaged food sector with strong brands such as MTR, Eastern, Rasoi Magic, and serves categories including spices, ready-to-eat, snacks, and condiments. Mr. Sanjay Sharma is the Managing Director & CEO of the company.
| Book running lead manager | ICICI Securities Limited Citigroup Global Markets India Private LimitedJ.P. Morgan India Private Limited Kotak Mahindra Capital Company Limited |
| Registrar of the issue | KFin Technologies Limited |
Objectives of the Orkla India IPO
The Company Orkla India IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
| 1 | Fees and commissions payable to the Book Running Lead Managers (including any underwriting commission, brokerage and selling commission) | — |
| 2 | Advertising and marketing expenses for the Offer | — |
| 3 | Fees payable to the Registrar to the Offer | — |
| 4 | Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Offer. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | — |
| 5 | Printing and distribution of Offer stationery | — |
| 6 | Other expenses including, listing fees, SEBI filing fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | — |
| 7 | Fees payable to other intermediaries to the Offer, including but not limited to Statutory Auditor, independent chartered accountant, practicing company secretary and industry data provider | — |
| 8 | Fee payable to legal counsels | — |
| 9 | Miscellaneous | — |
Strength Of Orkla India
1. Deep Market Reach
Orkla India connects with consumers across India and international markets through strong regional networks, exports, and rapidly growing online channels.
2. Strong Brand Name
With well-known names like MTR and Eastern, the company has built deep customer trust rooted in authentic local flavors and consistent quality.
3. Consumer-First Approach
Its success comes from a keen understanding of regional tastes and cuisines, offering diverse products crafted to match India’s rich culinary heritage.
4. Innovation-Driven Growth
The company is always evolving through product innovation, from convenient ready-to-eat meals to contemporary global offerings.
5. Operational Excellence
The company delivers high efficiency and uncompromising quality across every product through its modern manufacturing and robust supply chains.
Risk of Orkla India
1. High Dependence On Raw Material
A large share of the company’s expenses comes from raw and packaging materials, making it sensitive to price fluctuations that can affect profit margins.
2. Exposure To Global Trade Hindrances
With exports contributing a significant portion of sales, changes in regulations or operational challenges across multiple countries could influence growth.
3. Workforce Challenges
Any manpower shortages, labour protests or rising employee costs could disrupt production and impact overall performance.
4. Supply and Quality Risks
Reliance on key suppliers and potential risks like raw material contamination may affect product quality and the company’s reputation.
Conclusion
Orkla India Limited is going public as a well-established FMCG player. The company has strong fundamentals, deep regional roots, and the global expertise of its parent, Orkla ASA. With trusted names like MTR and Eastern, the company enjoys leadership in South India’s packaged food space. Its innovation-driven growth, efficient operations, and expanding distribution network position it well for long-term scalability.
However, investors should weigh risks such as raw-material cost fluctuations and exposure to global trade conditions before making a decision. Overall, the Orkla India IPO offers exposure to India’s fast-growing packaged food sector—appealing to investors seeking a mix of brand strength, operational efficiency, and steady sectoral growth potential.
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Orkla India IPO FAQs
Orkla India IPO is mainboard offer for sale IPO with an issue size of ₹1667 crore.
You can use the IPO section under Zerodha Console to apply for Orkla India IPO.
The Orkla India IPO will open on 29th October, 2025.
The lot size of the Orkla India IPO is 20 shares.
Platforms such as Zerodha, Upstox, Groww, etc., can be used to apply for the Orkla India IPO.
The allotment for the Orkla India IPO is expected on 3rd November, 2025.
The IPO will list on 6th November, 2025 on BSE and NSE.
