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| Orkla India IPO opens with 12% GMP and strong investor demand before November 6 listing. |
Orkla India IPO Opens Today: GMP, Price Band, Key Dates, and Should You Invest?
The much-awaited Orkla India IPO opens for public subscription today, aiming to raise ₹1,667 crore from investors. The issue will remain open till October 31, with the company already securing ₹499.6 crore from 30 institutional investors through its anchor book on October 28.
Orkla India — the parent company behind popular brands MTR and Eastern — has fixed a price band of ₹695–₹730 per share. At the upper end, the company’s valuation stands at approximately ₹10,000 crore.
Strong Brand Presence and Global Backing
Orkla India is a key player in the South Indian packaged food and spices market, boasting a loyal consumer base. The company benefits from the backing of Norwegian FMCG giant Orkla ASA, which operates in over 100 countries. Its diversified portfolio includes ready-to-eat meals, condiments, breakfast mixes, and traditional Indian sweets under brands such as MTR, Eastern, and Rasoi Magic.
Brokerage SBI Securities has assigned a ‘Neutral’ rating to the IPO, citing Orkla India’s solid brand recall, wide distribution network, and plans to expand into international markets catering to the Indian diaspora.
Growth Outlook and Business Strategy
The company aims to strengthen its leadership in core markets by:
- Expanding product lines across categories,
- Improving operational efficiencies,
- Exploring strategic acquisitions, and
- Increasing household penetration in both Indian and overseas markets.
However, analysts caution about potential risks, including supply chain challenges, supplier concentration, and operational bottlenecks.
Orkla India IPO GMP (Grey Market Premium)
In the grey market, Orkla India shares are currently trading at a premium of around ₹88, representing a 12% gain over the upper issue price. Market trackers view this as a moderate listing sentiment, reflecting steady investor interest.
IPO Allotment and Listing Date
- IPO Open Date: October 29, 2025
- IPO Close Date: October 31, 2025
- Allotment Date: November 3, 2025
- Listing Date: November 6, 2025
- Issue Size: ₹1,667 crore
- Price Band: ₹695–₹730 per share
- GMP: ₹88 (approx.)
Expert View: Should You Apply?
Market experts believe Orkla India’s strong brand equity, consistent growth, and diversified product mix make it a promising long-term player in the FMCG sector. However, given the neutral rating and modest GMP, analysts recommend investors to apply selectively or with a long-term view, rather than chasing short-term listing gains.
Disclaimer:
This article is for informational purposes only. Investors are advised to consult certified financial advisors before making any investment decisions.
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