IPO Details
- IPO Opening Date: October 29, 2025
- IPO Closing Date: October 31, 2025
- Price Band: ₹695 to ₹730 per share
- Issue Size: Approximately ₹1,667.54 crores
- Listing At: BSE and NSE
- Expected Listing Date: November 6, 2025
Investment Details
- Minimum Lot Size: 20 shares (₹14,600)
- Investor Categories:
- QIBs (Qualified Institutional Buyers): 50% of the net offer
- NIIs (Non-Institutional Investors): 15% of the net offer
- Retail Investors: 35% of the net offer
Company Overview
Orkla India Limited is a subsidiary of Norway-based Orkla ASA, operating in the FMCG sector with brands like MTR, Eastern, and Rasoi Mix. The company has a strong distribution network and is virtually debt-free.
Financial Performance
- Revenue (FY25): ₹2,455.24 crore
- Profit After Tax (FY25): ₹255.69 crore
- Return on Capital Employed (ROCE): 32.7%
- Return on Net Worth (RoNW): 13.8%
Use of Proceeds
The IPO is an Offer for Sale, meaning the company won’t receive any proceeds. The funds will go to selling shareholders, including Orkla Asia Pacific Pte. Ltd.
GMP (Grey Market Premium)
The current GMP is ₹114-115, indicating a potential listing price of ₹844-845