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
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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.?
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Market Position: Orkla India holds a strong position in the Indian market, driven by the enduring popularity of its MTR and Eastern brands.?
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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)
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IPO Open Date: October 29, 2025?
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IPO Close Date: October 31, 2025?
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Listing Date: November 6, 2025 (Tentative)?
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Price Band: Rs 695 – Rs 730 per share.?
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Issue Size: Rs 1,667 crore (entirely an Offer for Sale of 2.28 crore shares).?
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Lot Size: 20 Shares?
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Minimum Investment (Retail): Rs 14,600 at the upper price band.?
IPO Structure & Utilisation
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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.?
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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.?
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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
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Anchor Investor Bidding: October 28, 2025?
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IPO Opening: October 29, 2025?
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IPO Closing: October 31, 2025?
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Allotment Finalisation: November 3, 2025 (Tentative)?
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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.