Orkla India IPO

Orkla India Ltd. IPO is a book-built issue valued at Rs 1,667.54 crores, consisting entirely of an Offer for Sale of 2.28 crore shares. The IPO opens on October 29, 2025, and closes on October 31, 2025, with allotment expected on November 3, 2025. Listing on BSE and NSE is scheduled for November 6, 2025. The price band is fixed between Rs 695 and Rs 730 per share. A retail investor can apply with a minimum lot size of 20 shares, requiring Rs 14,600. The sNII investment stands at Rs 2,04,400, while bNII investment amounts to Rs 10,07,400. ICICI Securities Ltd. is the lead manager.

Orkla India IPO Details

Check out the issue details for Orkla India IPO as disclosed in SEBI.

Price Band

₹ 695 - 730

Issue Size

1667.54 Cr.

Issue Type

Book Built

Open

2025-10-29

Close

2025-10-31

Listing Date

2025-11-06

Company Financials

You can get the following financial statements of Orkla India as of now.

Orkla India IPO Details

The details about the Orkla India IPO are as follows:

  • The issue size of the IPO is Rs 1,667.54 Cr.
  • The price band for Orkla India IPO is Rs 695 to Rs 730.
  • The shares of Orkla India IPO will list on BSE and NSE.
  • The latest tentative GMP of Orkla India IPO is Rs 77.
  • The shares of Orkla India IPO are subscribed 0.79 Times.

 

Orkla India IPO Valuation

The approximate valuation of Orkla India IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 730
Existing Shares (Qty) 13.69 Cr
Market Cap Rs 9993.7 Cr
EPS (FY25) Rs 18.7
PE Ratio 39.03x
Industry PE 90.1x

 

Orkla India IPO Issue Size

Orkla India IPO issue size is Rs 1,667.54 Cr.

Issue Amount
Fresh Issue Rs 0 Cr
Offer For Sale Rs 1,667.54 Cr

 

Orkla India IPO Market Lot

An individual can apply for a minimum of 1 lot of 20 shares and a maximum of 13 lots (260 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 20 Rs 14,600
Retail Maximum 13 260 Rs 1,89,800

 

Orkla India IPO Share Offer

The shares of Orkla India IPO are subscribed 0.79 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Orkla India IPO GMP (Grey Market Premium)

As on GMP (Tentative)
29 October 2025 Rs 77

Orkla India IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Orkla India IPO Dates

Find below the dates for Orkla India IPO

Schedule Date
Basis of Allotment 3 Nov 2025
Refunds 4 Nov 2025
Credit to Demat Account 4 Nov 2025
IPO Listing Date 6 Nov 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 950.18 1818.49 2154.03 2356.01 2370.12
Total Expenditure 763.08 1584.05 1844.89 2014.61 1981.16
Operating Profit 187.1 234.44 309.14 341.4 388.96
Other Income 8.7 15.87 29.12 31.98 65.65
Interest 4.65 29.38 27 6.64 6.45
Depreciation 30.66 55.91 54.95 62.12 61.59
Exceptional Items 0 0 0 0 -33.64
Profit Before Tax 160.49 165.02 256.31 304.62 352.93
Provision for Tax 41.29 48.25 -81.65 79.97 98.99
Net Profit 119.2 116.77 337.96 224.65 253.94
Adjusted EPS (Rs.) 0.97 0.95 2.74 1.68 1.76

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 12.33 12.33 12.33 13.7 13.7
Total Reserves 1777.14 1893.97 2230.42 2793.07 2443.4
Borrowings 0 4.01 3.77 3.77 0
Other N/C liabilities 318 217.76 132.77 151.85 162.09
Current liabilities 171.06 651.68 723.06 412 541.46
Total Liabilities 2278.53 2779.75 3102.35 3374.39 3160.65
Assets
Net Block 208.12 2017.81 1986.23 2054.68 1980.06
Capital WIP 2.24 3.08 73.89 3.62 7.78
Intangible WIP 0 0 0 0 0
Investments 1884.79 47.63 49.62 27.59 28.73
Loans & Advances 6.35 19.98 100.5 118.68 126.14
Other N/C Assets 0.44 0.03 1.55 0.58 29.51
Current Assets 176.59 691.22 890.56 1169.24 988.43
Total Assets 2278.53 2779.75 3102.35 3374.39 3160.65
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 160.49 165.02 256.31 304.62 352.93
Adjustment 28.43 82.7 63.76 43.19 48.17
Changes in Assets & Liabilities -3.04 -6.62 -56.66 29.76 90.09
Tax Paid -41.99 -58.88 -75.76 -81.17 -102.93
Operating Cash Flow 143.89 176.69 187.65 296.4 388.26
Investing Cash Flow -1253.55 -171.04 -162.98 -236.55 262.44
Financing Cash Flow 1111.39 -49.71 -14.8 -44.88 -612.91
Net Cash Flow 1.73 -44.06 9.87 14.97 37.79

Orkla India IPO: Date, Price Band, & Company Details

Orkla India Ltd., the parent company of iconic food brands MTR and Eastern, is launching its Initial Public Offering (IPO) on October 29, 2025. The public issue, which will close on October 31, 2025, aims to raise approximately Rs 1,667 crore through a complete Offer for Sale (OFS) by its existing shareholders.?

About Orkla India Ltd.

Orkla India is a prominent multi-category packaged food company in India. It is a market leader in the spices, masalas, and convenience food segments, with a portfolio of well-established brands including MTR, Eastern, and Rasoi Magic. The company was among the top four in revenue in its sector for fiscal year 2024.?

Key Business Highlights

  • Brand Portfolio: The company's product range includes spices, breakfast mixes, ready-to-eat meals, and sweets. As of June 2025, it offered around 400 distinct items.?

  • Market Position: Orkla India holds a strong position in the Indian market, driven by the enduring popularity of its MTR and Eastern brands.?

  • Ownership: The company is a part of the Norwegian industrial investment company, Orkla ASA. The promoter for this IPO is Orkla Asia Pacific Pte Ltd.?

Orkla India IPO Details (2025)

  • IPO Open Date: October 29, 2025?

  • IPO Close Date: October 31, 2025?

  • Listing Date: November 6, 2025 (Tentative)?

  • Price Band: Rs 695 – Rs 730 per share.?

  • Issue Size: Rs 1,667 crore (entirely an Offer for Sale of 2.28 crore shares).?

  • Lot Size: 20 Shares?

  • Minimum Investment (Retail): Rs 14,600 at the upper price band.?

IPO Structure & Utilisation

  • Offer for Sale: The IPO is a complete OFS where the promoter, Orkla Asia Pacific, along with public shareholders Navas Meeran and Feroz Meeran, will sell their shares. The promoter is offloading 2.05 crore shares.?

  • Reservation: The issue has a reservation of 50% for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for Non-Institutional Investors (NIIs). There is also a discount of Rs 69 per share for eligible employees.?

  • Use of Proceeds: Since this is entirely an Offer for Sale, the company will not receive any proceeds from the IPO. All funds will go to the selling shareholders.?

Key Dates & Timeline

  • Anchor Investor Bidding: October 28, 2025?

  • IPO Opening: October 29, 2025?

  • IPO Closing: October 31, 2025?

  • Allotment Finalisation: November 3, 2025 (Tentative)?

  • Listing on BSE & NSE: November 6, 2025 (Tentative)?

Frequently Asked Questions (FAQs) about Orkla India IPO

Q1: What are the key dates for the Orkla India IPO?
The IPO is open for subscription from October 29 to October 31, 2025. The tentative listing date is November 6, 2025.?

Q2: What is the price band for the Orkla India IPO?
The price band has been set at Rs 695 to Rs 730 per share.?

Q3: What will the funds raised be used for?
Since this is entirely an Offer for Sale, the company will not receive any proceeds. The funds will go to the selling shareholders.?

Q4: Who are the book-running lead managers for the IPO?
The book-running lead managers are ICICI Securities, Citigroup Global Markets India, J.P. Morgan India, and Kotak Mahindra Capital. Kfin Technologies is the registrar for the issue.

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