Orkla India IPO Details

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

Orkla India IPO Logo

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 Details

IPO Date29 to 31 Oct, 2025
Listed onThu, Nov 6, 2025
Face Value1 per share
Price Band₹695 to ₹730
Issue Price₹730 per share
Lot Size20 Shares
Sale TypeOFS only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Employee Discount69.00

Total Issue Size2,28,43,004 shares
(agg. up to ₹1,668 Cr)
Offer for Sale2,28,43,004 shares of ₹1
(agg. up to ₹1,668 Cr)
Share Holding Pre Issue13,69,89,230 shares
Share Holding Post Issue13,69,89,230 shares
BSE Script Code / NSE Symbol544595 / ORKLAINDIA
ISININE16NZ01023

IPO Timetable

IPO Reservation

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 Offered2,28,43,004 (100.00%)

IPO Lot Size

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
IPO Subscription Details

IPO Anchor Investors

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 DateTue, Oct 28, 2025
Shares Offered68,43,900
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

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding 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
  • Employee limit: Up to Rs 5 Lakhs (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for Employee and RII/NII

About Orkla India Ltd.

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

  • MTR Foods – Instant mixes, ready-to-eat meals, masalas, breakfast mixes, snacks & beverages such as Spices, RTC foods, RTE foods, vermicelli, etc.
  • Eastern Condiments – Spices and convenience foods

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

  • Category market leader with ability to build and scale household food brands through an in-depth understanding of local consumer tastes
  • Multi-category food company with a focus on product innovation
  • Extensive distribution infrastructure with deep regional network and wide global reach
  • Large-scale manufacturing with stringent quality control and a robust supply chain
  • Experienced management team supported by strong global parentage
  • Strong business model with a track record of delivering profitable growth

Company Financials (Restated)

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 Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets3,158.203,171.303,375.193,101.96
Total Income605.382,455.242,387.992,201.44
Profit After Tax78.92255.69226.33339.13
EBITDA111.75396.44343.61312.44
NET Worth1,931.121,853.472,201.482,237.69
Reserves and Surplus2,523.562,445.802,793.352,227.28
Total Borrowing2.333.7734.99
Amount in ₹ Crore

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)18.6723.04
P/E (x)39.1131.68
Promoter Holding90.01%75%
Market Cap10,000.21 Cr.
Orkla Asa, Orkla Asia Holdings As and Orkla Asia Pacific Pte Ltd are the company promoters.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of June 30, 2025 available in RHP.

IPO Review

[Dilip Davda]
OIL is engaged in the manufacturing and marketing of multi-category Indian Food. It is one of the top four companies in terms of revenue in the said categories. The company enjoys Orkla parentage on all fronts to stay tuned with the time. OIL has to major brands “MTR” and “Eastern”, and has lion market share. The company marked reduced bottom lines from FY24 onwards. Based on its recent financial data, the issue appears fully priced. Well-informed investors may park funds for medium to long term.
Read detail review...

Orkla India IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0010
Members4200

Orkla India IPO Subscription Status (Bidding Detail)

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)117.6345,62,60253,67,11,380
NII 54.4234,21,95118,62,16,280
    bNII (bids above ₹10L)65.4122,81,30014,92,17,480
    sNII (bids below ₹10L)32.4411,40,6503,69,98,800
Retail7.0679,84,5515,63,85,840
Employee15.1230,0004,53,700
Total48.741,59,99,10477,97,67,200

Total Application : 25,48,211

IPO Expenses

# 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

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price730.00730.00
Open751.50750.10
Low693.35692.55
High755.00760.00
Last Trade713.40713.65

Check IPO Performance…

IPO Registrar

Kfin Technologies Ltd.

Contact Details

Orkla India Ltd. Address
No.1, 2nd and 3 rd Floor, 100 Feet Inner Ring Road
Ejipura, Ashwini Layout,
Vivek Nagar
Bengaluru, Karnataka, 560047
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IPO FAQs

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Orkla India IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

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.

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