Orkla India IPO Opens Today with Strong Market Interest

October 29, 2025 By usmanthotti business 2 min read

Orkla India IPO Opens Today with Strong Market Interest

Orkla India, the parent company of renowned brands such as MTR Foods, Eastern Condiments, and Rasoi Magic, has launched its initial public offering (IPO) today, October 29, 2025. The IPO is entirely an offer for sale (OFS) of 2.28 crore equity shares by the promoter Orkla Asia Pacific and existing shareholders Navas Meeran and Feroz Meeran, aiming to raise ₹1,667.54 crore.

IPO Details and Schedule

The IPO subscription period runs from October 29 to October 31, 2025, with a price band set between ₹695 and ₹730 per share. Retail investors can apply for a minimum of 20 shares per lot, requiring an investment of ₹14,600 at the upper price band. The shares are expected to be listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on November 6, 2025.

Grey Market Premium (GMP) Trends

As of October 28, 2025, the grey market premium (GMP) for Orkla India’s IPO stood at ₹106 per share, indicating a potential listing price of approximately ₹836. This suggests a listing gain of about 14.5% over the upper end of the IPO price band, reflecting strong investor interest.

Company Overview

Incorporated in 1996, Bengaluru-based Orkla India offers a diverse range of food products, including spices, ready-to-eat meals, instant mixes, snacks, beverages, and desserts. The company’s portfolio features iconic Indian heritage brands such as MTR Foods, Eastern Condiments, and Rasoi Magic. Orkla India operates nine manufacturing plants across India and exports to 42 countries, including the GCC nations, the U.S., and Canada.

Financial Performance

For the financial year ending March 31, 2025, Orkla India reported a total income of ₹2,455.24 crore and a profit after tax (PAT) of ₹255.69 crore. The company maintains a robust balance sheet with minimal debt, reflecting its strong financial health.

Market Outlook

Analysts have expressed optimism about Orkla India’s IPO, citing its diversified product portfolio, strong market presence, and resilient financial performance. However, they also caution about potential risks, including volatility in raw material prices and operational challenges such as supply chain disruptions and labor shortages.

Investors are advised to consider these factors carefully before making investment decisions.