Orkla India Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹695 - ₹730
- Lot size
- 20 shares
- Issue amount
- ₹1,667.5 cr
- Total subscription
- 48.73×
- Opens
- 29 Oct 2025
- Closes
- 31 Oct 2025
- Allotment
- 3 Nov 2025
- Listing
- 6 Nov 2025
Offer at a glance
Issue overview
- Issue size
- 2,28,43,004 shares
- Face value
- ₹1 Per Share
- Minimum investment
- ₹13,900
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹1,667.5 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,600
- Issue type
- Bookbuilding IPO
- Shares before issue
- 13,69,89,230
- Shares after issue
- 13,69,89,230
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 20 | ₹14,600 |
| sHNI | 14 | 280 | ₹2,04,400 |
| bHNI | 69 | 1,380 | ₹10,07,400 |
Share reservation
Subscription & GMP
Subscription by category
Reported 31 Oct 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 3,99,228 | 23,16,027 |
| EMPLOYEES | 0 | 16,189 |
| HNIs(10L +) | 8,148 | 1,06,610 |
| HNIs (2-10L) | 4,074 | 1,27,320 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 333.07 | 39,179.93 |
| FIIs | 0 | 13,554.04 |
| FIs | 0 | 16,193.56 |
| Mutual Funds | 0 | 1,663.85 |
| Others | 0 | 7,768.48 |
| RETAIL | 582.87 | 4,108.17 |
| HNIs 2+ | 83.27 | 2,701.24 |
| HNIs 10+ | 166.53 | 10,892.88 |
| EMPLOYEES | 2.19 | 33.13 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 5.8 | 18.7 | 16.9 |
| ROE | 0 | 0 | 0 |
| ROCE | 8.9 | 32.7 | 20.7 |
| RONW | 4.1 | 13.8 | 10.3 |
| PRE IPO(PE) | 0 | 39.11 | 0 |
| POST IPO(PE) | 31.68 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Orkla India Limited | 31.68 | 0 | 1 | 135.3 | 13.8 | 18.7 |
| Tata Consumer Products Limited | 90.1 | 1176.4 | 1 | 202.1 | 6.4 | 13.1 |
Company information
Company profile
Orkla India Limited is one of India’s leading food companies, offering a wide range of products for every meal, including breakfast, lunch, dinner, snacks, drinks, and desserts. It owns three popular brands — MTR Foods, Eastern Condiments, and Rasoi Magic — known for their instant mixes, ready-to-eat meals, spices, and cooking aids. The company has a strong presence across India, especially in Karnataka, Kerala, Andhra Pradesh, and Telangana, and exports to 42 countries, including GCC nations, the US, and Canada. As of June 2025, it offers more than 400 products and sells around 2.3 million units daily. With 9 manufacturing plants in India, a total production capacity of 182,270 tonnes per year, and a vast network of over 2,700 distributors and sub-distributors across 28 states and 6 union territories, Orkla India ensures its products reach consumers everywhere.
Strengths
- Market Leadership & Brand Strength: A dominant player in South India’s packaged spices market, backed by well-established brands like MTR and Eastern that hold strong consumer trust and market presence across diverse cuisines.
- Innovation-Driven Portfolio: Focused on multi-category expansion and continuous innovation through modern, convenient product lines such as Minute Fresh Batters, 3-Minute Breakfast, and Wok N Roll.
- Extensive Distribution Network: Wide-reaching distribution across India and international markets, supported by 834 distributors, 1,888 sub-distributors, and strong retail penetration across key southern regions.
Risk factors
- Raw Material & Packaging Cost Fluctuations: Volatile prices of key inputs like spices, grains, and packaging materials may increase production costs and affect margins.
- Quality & Safety Risks: Any contamination, improper handling, or quality lapses in raw materials or finished goods can damage brand reputation and invite regulatory penalties.
- Operational Disruption Risk: Heavy reliance on nine manufacturing units makes the company vulnerable to production halts from power issues, labour disputes, or unforeseen events.
Promoters
Orkla Asa
Orkla Asia Holdings AS
Orkla Asia Pacific Pte Ltd
Registrar & documents
Lead manager
Citigroup Global Markets India Private Limited, ICICI Securities Limited, J.P. Morgan India Private Limited, Kotak Mahindra Capital Company
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
No.1, 2nd and 3 rd Floor, 100 Feet Inner Ring Road Ejipura, Ashwini Layout, Vivek Nagar Bengaluru, Karnataka, 560047
+91 8040812100
[email protected]Company website ↗Understanding ORKLAINDIA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.