Orkla India IPO GMP - Live Grey Market Premium
Ongoing
Orkla India is a leading Indian food company and the consolidated entity of MTR Foods and Eastern Condiments. It is ranked among the top four companies in revenue among major spice and convenience food brands in India (Technopak Report, FY24). The company offers two main product categories: Spices (blended and pure masalas) and Convenience Foods (ready-to-cook and ready-to-eat products like Rava Idli mix, Gulab Jamun mix, and Poha). Its brands, MTR (since 1924) and Eastern (since 1983), have strong customer loyalty, especially in South India (Karnataka and Kerala). Orkla India has nine owned manufacturing facilities and operates an extensive distribution network across India and exports to 45 countries.
IPO Details
GMP Timeline
| Date | IPO Price | GMP | Est. Price | % Change |
|---|---|---|---|---|
29 Oct 2025Live | 730 | 68 | 798 | +9.32 |
28 Oct 2025 | 730 | 77 | 807 | +10.55 |
27 Oct 2025 | 730 | 106 | 836 | +14.52 |
26 Oct 2025 | 730 | 114 | 844 | +15.62 |
25 Oct 2025 | 730 | 132 | 862 | +18.08 |
24 Oct 2025 | 730 | 145 | 875 | +19.86 |
Important Notes About Grey Market Premium
Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.
GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.
The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.
IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.