Orkla India IPO

Orkla India IPO

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.

Issue Price
730
Current GMP
73 (10.00%)
Overall Subscription
48.74x
Issue Size
₹1667.54 Cr
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Live Subscription by Application

CategoryApplications OfferedApplications ReceivedSubscription
QIB45,62,6022,6130.00x
FII
-99-
DFI
-68-
MF
-314-
Other
-2,132-
NII12,2212,33,82819.13x
bNII
8,1471,06,58413.08x
Corporate
-955-
Individual
-1,00,222-
Other
-5,407-
sNII
4,0741,27,24431.23x
Corporate
-308-
Individual
-1,20,710-
Other
-6,226-
Retail3,99,22823,16,5615.80x
Cut-off price
-18,70,826-
Fixed price
-4,45,735-
Employee1,50016,06310.71x
Cut-off price
-13,630-
Fixed price
-2,433-
Total49,75,55125,69,0650.52x

Live Subscription by Shares

CategoryShares OfferedShares AppliedSubscription
QIB45.63 L53.67 Cr117.63x
FII
-18.57 Cr-
DFI
-22.18 Cr-
MF
-2.28 Cr-
Other
-10.64 Cr-
NII34.22 L18.62 Cr54.42x
bNII
22.81 L14.92 Cr65.41x
Corporate
-13.98 L-
Individual
-14.03 Cr-
Other
-75.06 L-
sNII
11.41 L3.70 Cr32.44x
Corporate
-1.09 L-
Individual
-3.51 Cr-
Other
-17.69 L-
Retail79.85 L5.63 Cr7.05x
Cut-off price
-4.60 Cr-
Fixed price
-1.03 Cr-
Employee30.00K4.54 L15.13x
Cut-off price
-3.72 L-
Fixed price
-81.52K-
Total1.60 Cr77.97 Cr48.73x

Subscription Summary

QIB
Shares Applied:117.63x
Applications Offered:0.00x
NII
Shares Applied:54.42x
Applications Offered:19.13x
Retail
Shares Applied:7.05x
Applications Offered:5.80x
Employee
Shares Applied:15.13x
Applications Offered:10.71x

Quick Stats

Total Categories4
IPO TypeMainboard
StatusAllotment Out

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Data Last Updated

3 Nov 2025, 01:27 pm

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Understanding Subscription Categories

QIB

Qualified Institutional Buyers

Includes FII, DFI, Mutual Funds, and other qualified institutions.

NII

Non-Institutional Investors

High net-worth individuals: bNII (₹10L+) and sNII (₹2L-₹10L).

Retail

Retail Individual Investors

Retail investors with applications up to ₹2 lakh per PAN.