MTR Foods Creator Orkla India's IPO To Open On Oct 29; Check Latest GMP, Price Band And Other Details Before Applying
MTR Foods Creator Orkla India's IPO To Open On Oct 29; Check Latest GMP, Price Band And Other Details Before Applying
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MTR Foods Creator Orkla India's IPO To Open On Oct 29; Check Latest GMP, Price Band And Other Details Before Applying

Priya Raghuvanshi 🕒︎ 2025-10-29

Copyright timesnownews

MTR Foods Creator Orkla India's IPO To Open On Oct 29; Check Latest GMP, Price Band And Other Details Before Applying

Orkla India Limited is all set to launch its IPO, offering investors a chance to own a part of one of India’s most recognisable food brands. The book-built issue totals Rs 1,667.54 crore, entirely through an offer for sale of 2.28 crore shares. The Orkla India IPO opens for subscription on October 29, 2025, and will close on October 31, 2025. The tentative allotment date is November 3, 2025, with refunds processed and shares credited on November 4, 2025. The IPO is expected to list on the BSE and NSE on November 6, 2025. Orkla IPO Price Band The price band for the issue is set between Rs 695 and Rs 730 per share, with a minimum lot size of 20 shares. For retail investors, this translates to a minimum investment of Rs 14,600 at the upper price. Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NII), and high net worth individuals (HNI) have their respective investment brackets ranging from Rs 2.04 lakh to over Rs 10 lakh. Orkla IPO GMP The last GMP for Orkla India IPO was Rs 110, updated on October 27th, 2025, at 1:31 pm, according to the grey market tracking website, Investorgain. With a price band of Rs 730, the estimated listing price is Rs 840 (cap price plus today’s GMP), implying an expected gain of approximately 15.07 per cent per share. Issue Structure And Reservations The IPO is structured as a book-building issue managed by ICICI Securities Ltd., with Kfin Technologies Ltd. as the registrar. The issue offers: QIBs: Up to 50 per cent of the net offer Retail Investors: At least 35 per cent of the net offer NII: Minimum 15 per cent of the net offer Employees are eligible for a discount of Rs 69 per share under the offer. The IPO allows combinations of employee and retail/NII applications under specific limits. About Orkla India Limited Founded in 1996, Orkla India is a food company with a portfolio of iconic brands like MTR Foods, Eastern Condiments, and Rasoi Magic. Its offerings include instant mixes, ready-to-eat meals, snacks, spices, beverages, and desserts. The company has a strong presence in Karnataka, Kerala, Andhra Pradesh, and Telangana, while exporting to over 42 countries, including the GCC, US, and Canada. Promoter holding pre-issue stands at 90.01 per cent and will reduce to 75 per cent post-IPO, with promoters including Orkla ASA, Orkla Asia Holdings AS, and Orkla Asia Pacific Pte Ltd. Get Latest News live on Times Now along with Breaking News and Top Headlines from Business, Companies and around the world.

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