Bookbuilding IPO | ₹1,668 Cr | Listed at BSE, NSE | Wed, Oct 29, 2025 - Fri, Oct 31, 2025

Orkla India IPO is a book build issue of ₹1,667.54 crores. The issue is entirely an offer for sale of 2.28 crore shares of ₹1,667.54 crore.
Orkla India IPO bidding started from Oct 29, 2025 and ended on Oct 31, 2025. The allotment for Orkla India IPO was finalized on Nov 3, 2025. The shares got listed on BSE, NSE on Nov 6, 2025.
Orkla India IPO price band is set at ₹730 per share. The lot size for an application is 20. The minimum amount of investment required by an 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 (1,380 shares), amounting to ₹10,07,400.
The issue includes a reservation of up to 30,000 shares for employees offered at a discount of ₹69.00 to the issue price.
ICICI Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Orkla India IPO RHP for detailed Information.
IPO Open
Wed, Oct 29, 2025
IPO Close
Fri, Oct 31, 2025
Issue Price
₹730 per share
Market Cap (Pre-IPO)
₹10,000.21 Cr
| IPO Date | 29 to 31 Oct, 2025 |
| Listed on | Thu, Nov 6, 2025 |
| Face Value | ₹1 per share |
| Price Band | ₹695 to ₹730 |
| Issue Price | ₹730 per share |
| Lot Size | 20 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹69.00 |
| Total Issue Size | 2,28,43,004 shares (agg. up to ₹1,668 Cr) |
| Offer for Sale | 2,28,43,004 shares of ₹1 (agg. up to ₹1,668 Cr) |
| Share Holding Pre Issue | 13,69,89,230 shares |
| Share Holding Post Issue | 13,69,89,230 shares |
| BSE Script Code / NSE Symbol | 544595 / ORKLAINDIA |
| ISIN | INE16NZ01023 |
Orkla India IPO offers total 2,28,43,004 shares. Out of which 1,14,06,501 (49.93%) allocated to QIB, 45,62,601 (19.97%) allocated to QIB (Ex- Anchor), 34,21,951 (14.98%) allocated to NII 79,84,552 (34.95%) allocated to RII and 68,43,900 (29.96%) allocated to Anchor investors.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 1,14,06,501 (49.93%) | NA |
| − Anchor Investor Shares Offered | 68,43,900 (29.96%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 45,62,601 (19.97%) | NA |
| NII (HNI) Shares Offered | 34,21,951 (14.98%) | NA |
| − bNII > ₹10L | 22,81,301 (9.99%) | 8,147 |
| − sNII < ₹10L | 11,40,650 (4.99%) | 4,073 |
| Retail Shares Offered | 79,84,552 (34.95%) | 3,99,227 |
| Employee Shares Offered | 30,000 (0.13%) | NA |
| Total Shares Offered | 2,28,43,004 (100.00%) |
Investors can bid for a minimum of 20 shares and in multiples thereof.
| 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 raises ₹499.60 crore from anchor investors. Orkla India IPO Anchor bid date is October 28, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Oct 28, 2025 |
| Shares Offered | 68,43,900 |
| Anchor Portion (₹ Cr.) | 499.60 |
| Anchor lock-in period end date for 50% shares (30 Days) | Tue, Dec 2, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sat, Jan 31, 2026 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Up to Rs 5 Lakhs | Yes |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Incorporated in 1996, Orkla India Limited is an Indian food company, offering a diverse range of food products, from breakfast to lunch and dinner, snacks, beverages, and desserts.
It has a collection of iconic Indian heritage brands - MTR Foods, Eastern Condiments, and Rasoi Magic
The company serves customers across the country with signifcant presence in core markets; Karnataka, Kerala, Andhra Pradesh and Telangana. Further, it also exports products to about 42 countries such as GCC countries, US, and Canada
As of June 30, 2025, it has over 400 products across categories. In fiscal 2025, the company has sold 2.3 million units on average every day.
It manufactures goods across manufacturing facilities in India as well as contract manufacturing facilities in India and in the UAE, Thailand and Malaysia. As of March 31, 2025, the company owns 9 manufacturing facilities in India, with a total installed capacity of 182,270 TPA.
The company has a strong network distribution with 834 distributors and 1,888 sub-distributors across 28 states and 6 union territories.
Competitive Strengths
Orkla India Ltd.'s revenue increased by 3% and profit after tax (PAT) rose by 13% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 3,158.20 | 3,171.30 | 3,375.19 | 3,101.96 |
| Total Income | 605.38 | 2,455.24 | 2,387.99 | 2,201.44 |
| Profit After Tax | 78.92 | 255.69 | 226.33 | 339.13 |
| EBITDA | 111.75 | 396.44 | 343.61 | 312.44 |
| NET Worth | 1,931.12 | 1,853.47 | 2,201.48 | 2,237.69 |
| Reserves and Surplus | 2,523.56 | 2,445.80 | 2,793.35 | 2,227.28 |
| Total Borrowing | 2.33 | 3.77 | 34.99 | |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2025 |
|---|---|
| ROCE | 32.7% |
| RoNW | 13.8% |
| PAT Margin | 10.70% |
| EBITDA Margin | 16.60% |
| Price to Book Value | 5.40 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 18.67 | 23.04 |
| P/E (x) | 39.11 | 31.68 |
| Promoter Holding | 90.01% | 75% |
| Market Cap | ₹10,000.21 Cr. |
The Orkla India IPO is subscribed 48.74 times on October 31, 2025 5:04:33 PM (Day 3). The public issue subscribed 7.06 times in the retail category, 117.63 times in the QIB category, and 54.42 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 117.63 | 45,62,602 | 53,67,11,380 |
| NII | 54.42 | 34,21,951 | 18,62,16,280 |
| bNII (bids above ₹10L) | 65.41 | 22,81,300 | 14,92,17,480 |
| sNII (bids below ₹10L) | 32.44 | 11,40,650 | 3,69,98,800 |
| Retail | 7.06 | 79,84,551 | 5,63,85,840 |
| Employee | 15.12 | 30,000 | 4,53,700 |
| Total | 48.74 | 1,59,99,104 | 77,97,67,200 |
Total Application : 25,48,211
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees and commissions payable to the Book Running Lead Managers (including any underwriting commission, brokerage and selling commission) | 5.81 |
| 2 | Advertising and marketing expenses for the Offer | 0.60 |
| 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 | 0.73 |
| 5 | Printing and distribution of Offer stationery | 0.23 |
| 6 | Other expenses including, listing fees, SEBI filing fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | 1.02 |
| 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 | 0.67 |
| 8 | Fee payable to legal counsels | 0.96 |
| 9 | Miscellaneous | 0.63 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹730.00 | ₹730.00 |
| Open | ₹751.50 | ₹750.10 |
| Low | ₹693.35 | ₹692.55 |
| High | ₹755.00 | ₹760.00 |
| Last Trade | ₹713.40 | ₹713.65 |
Lead Manager Reports
Orkla India IPO is a main-board IPO of 2,28,43,004 equity shares of the face value of ₹1 aggregating up to ₹1,668 Crores. The issue is priced at ₹730 per share. The minimum order quantity is 20.
The IPO opens on Wed, Oct 29, 2025, and closes on Fri, Oct 31, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Orkla India IPO using UPI as a payment gateway. Zerodha customers can apply in Orkla India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Orkla India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Orkla India IPO opens on Wed, Oct 29, 2025 and closes on Fri, Oct 31, 2025.
Orkla India IPO lot size is 20, and the minimum amount required for application is ₹14,600.
You can apply in Orkla India IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Orkla India IPO will be done on Monday, November 3, 2025, and the allotted shares will be credited to your demat account by Tue, Nov 4, 2025. Check the Orkla India IPO allotment status.
The Orkla India IPO listing date is on Thu, Nov 6, 2025.