Orkla India Limited, the parent company of popular food brands like MTR Foods, Eastern Condiments, and Rasoi Magic, is all set to launch its much-anticipated initial public offering (IPO). The IPO opens for public subscription on October 29, 2025, offering investors an opportunity to invest in one of India’s most trusted and recognizable food companies.
The book-built issue is valued at Rs 1,667.54 crore, entirely through an offer for sale (OFS) of 2.28 crore equity shares. This means existing shareholders will be selling their stakes, with no fresh issue of shares.
Orkla India IPO Dates and Key Timeline
The Orkla India IPO subscription window will be open for three days — from October 29 to October 31, 2025. The tentative allotment date is scheduled for November 3, 2025, followed by refunds and credit of shares to demat accounts on November 4, 2025. The IPO listing date is expected to be November 6, 2025, on both the BSE and NSE.
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This timeline ensures a quick turnaround from subscription to listing, offering investors early liquidity and clarity on their allotment status.
IPO Price Band and Lot Size
The price band for the Orkla India IPO is set between Rs 695 and Rs 730 per share, making it accessible to both retail and institutional investors.
The minimum lot size is 20 shares, which means retail investors will need to invest a minimum of Rs 14,600 at the upper end of the price band.
Investment limits are as follows:
- Retail Investors: Minimum 1 lot (20 shares) – approx. Rs 14,600
- Non-Institutional Investors (NII): Minimum 14 lots – approx. Rs 2.04 lakh
- High Net-Worth Individuals (HNI): Can invest above Rs 10 lakh based on the number of lots applied
- Employees: Eligible for a special discount of Rs 69 per share
India IPO Grey Market Premium (GMP)
According to grey market tracking platform Investorgain, the latest Orkla India IPO GMP (as of October 27, 2025, 1:31 PM) stood at Rs 110.
Given the upper price band of Rs 730, the estimated listing price is around Rs 840 per share, indicating an expected listing gain of approximately 15.07%.
While grey market trends are not official indicators, they offer an early signal of market sentiment. The positive GMP suggests strong investor demand and optimism surrounding the IPO.
IPO Structure and Share Allocation

The Orkla India IPO is being conducted through the book-building process, managed by ICICI Securities Ltd. as the lead book-running manager. Kfin Technologies Ltd. serves as the registrar for the issue.
The allocation structure is divided as follows:
- Qualified Institutional Buyers (QIBs): Up to 50% of the net offer
- Retail Investors: At least 35% of the net offer
- Non-Institutional Investors (NII): Minimum 15% of the net offer
Additionally, the company is offering employee reservations with a price discount, allowing them to participate in both employee and retail categories under specified limits.
About Orkla India Limited
Founded in 1996, Orkla India Limited is a leading player in India’s packaged food industry. It is best known for its wide portfolio of heritage food brands, including MTR Foods, Eastern Condiments, and Rasoi Magic — names synonymous with quality, taste, and trust across Indian households.
The company’s product portfolio includes:
- Instant mixes and ready-to-eat meals
- Spices and condiments
- Snacks, beverages, and desserts
Orkla India has a strong regional dominance in Karnataka, Kerala, Andhra Pradesh, and Telangana, with an expanding national footprint. Moreover, it exports to over 42 countries, including the Gulf Cooperation Council (GCC) nations, the United States, and Canada.
This international presence gives Orkla India a strong global reach, positioning it as one of India’s leading food exporters.
Promoters and Shareholding Pattern
Before the IPO, the promoter holding in Orkla India stands at 90.01%, which will reduce to 75% post-IPO. The company’s promoters include:
- Orkla ASA
- Orkla Asia Holdings AS
- Orkla Asia Pacific Pte Ltd
This reduction aligns with SEBI’s listing norms, ensuring broader public shareholding and increased market transparency.
Why Investors Are Watching This IPO Closely
The Orkla India IPO is one of the most anticipated offerings in 2025, primarily due to the company’s strong brand recall, solid distribution network, and growing presence in the packaged food sector. The Indian FMCG market continues to see robust demand, especially in ready-to-eat and convenience food segments — areas where Orkla has strong competitive advantages.
ALSO READ - TATA’s New Bike Launch: A Bold Step into the Two-Wheeler MarketFurthermore, with the backing of Norway-based Orkla ASA, a global leader in branded consumer goods, the company brings international expertise, operational efficiency, and product innovation to the Indian market.
The upcoming Orkla India IPO, opening on October 29, 2025, presents an attractive opportunity for investors looking to participate in India’s expanding packaged food industry. With its strong brand portfolio, robust financial backing, and healthy grey market premium, the IPO is generating significant buzz in the market.
As always, investors should review the company’s financials and consult their financial advisors before making any investment decisions.











