- By Akanksha Verma
- Mon, 03 Nov 2025 11:54 AM (IST)
- Source:JND
Orkla India IPO Allotment Status Update: The initial public offering (IPO) of Orkla India, which is the parent company of spice brand MTR and Eastern, received strong response. The Rs 1,667-crore Orkla India IPO opened for subscription between October 29 and closed on October 31. All eyes are now on the Orkla India IPO allotment date, which is likely to be today, November 3.
Previously known as MTR Foods, Orkla India company kept the price band between Rs 695 to Rs 730 per share. The company was targeting a valuation of around Rs 10,000 crore at the upper end. The Orkla India IPO is entirely an offer for sale (OFS) of 2.28 crore equity shares by promoter and other shareholders. It does not include any fresh issue. The money raised from the IPO will be entirely transferred to the selling shareholders since the issue is an OFS.
Orkla India IPO Allotment Status
The Orkla India IPO allotment status is expected to be finalised by Monday while the equity shares are likely to be credited to the demat accounts of eligible holders on Tuesday, November 4. The refunds to unsuccessful bidders will also be initiated tomorrow.
Orkla India IPO GMP LIVE
The Orkla India IPO grey market premium (GMP) stood at Rs 85 (10:36 AM IST, Nov 3). With this GMP, the estimated listing price of Orkla India shares stood at Rs 815, projecting a gain of 11.64 per cent.
Orkla India IPO Subscription Status
Orkla India IPO was subscribed 48.74 times as subscription closed on October 31, according to chittorgarh.com. In the retail category, the IPO was subscribed 7.06 times. The public issue was subscribed 117.63 times by Qualified Institutional Buyers (Ex Anchor). The IPO was subscribed 54.42 times in Non-Institutional Investor (NII) category.
Orkla India IPO Listing Date
Orkla India shares are set to debut on the stock exchanges NSE and BSE on November 6.
Orkla India IPO Lot Size
The lot size or the minimum number of shares that an investor can apply for is 20. A retail investor needs to invest Rs 14,600 (based on upper price) to buy a lot. For sNII, it is 14 lots, which will cost Rs 2,04,400. For bNII, it is 69 lots amounting to Rs 10,07,400.