The Orkla India IPO will open on October 29, 2025, and close on October 31, 2025. The Orkla India IPO is a book-build issue. The company will raise approximately ₹1,667.54 crore through the IPO, consisting of a fresh issue of shares worth ₹[.] crore and an offer for sale of 22,843,004 equity shares with a face value of ₹1.
The price band for the Orkla India IPO is ₹695 to ₹730 per share. The retail share is 35%, QIBs 50%, and HNIs 15%. The Orkla India IPO will be listed on the BSE and NSE on November 6, 2025. The allotment for the Orkla India IPO will take place on November 3, 2025.
The company reported revenue of ₹2,455.24 crore in 2025, compared to ₹2,387.99 crore in 2024. The company reported a profit of ₹255.69 crore in 2025, compared to ₹226.33 crore in 2024. Based on the financials, IPO investors should invest in the IPO GMP for the long term.
IPO Details
| IPO Date | October 29, 2025 to October 31, 2025 |
| Listing Date | November 6, 2025 |
| Face Value | ₹1 per share |
| Price Band | ₹695 to ₹730 per share |
| Lot size | 20 shares |
| Total Issue size | 2,28,43,004 shares (aggregating upto ₹1,667.54 Cr ) |
| Issue type | Bookbuilding IPO |
| Listing at | NSE, BSE |
| Share Holding Pre Issue | 13,69,89,230 shares |
| Share Holding Post Issue | 13,69,89,230 shares |
Orkla India IPO Market Lot
The Orkla India IPO minimum market lot is 20 shares with ₹14,600 application amount. The retail investors can apply up-to 13 lots with 260 shares of ₹1,89,800 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 20 | ₹14,600 |
| Retail Maximum | 13 | 260 | ₹1,89,800 |
| S-HNI Minimum | 14 | 280 | ₹2,04,400 |
| B-HNI Minimum | 69 | 1,380 | ₹10,07,400 |
IPO Reservation
| Investor Category | Share Offered | % Shares |
| QIBs Shares Offered | -Shares | 50% |
| NII Shares Offered | -Shares | 15% |
| Retail Shares Offered | -Shares | 35% |
Orkla India IPO
| Anchor Bidding Date | October 28, 2025 |
| Anchor Investors List | . |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | December 3, 2025 |
| lock-in period end date 50% shares (90 Days) | February 1, 2026 |
Orkla India IPO Dates
The Orkla India IPO date is October 29 and the close date is October 31. The Orkla India IPO allotment will be finalized on November 3 and the IPO listing on November 6.
| IPO Open Date: | October 29, 2025 |
| IPO Close Date: | October 31, 2025 |
| Basis of Allotment: | November 3, 2025 |
| Refunds: | November 4, 2025 |
| Credit to Demat Account: | November 4, 2025 |
| IPO Listing Date: | November 6, 2025 |
| IPO Bidding Cut-off Time: | October 31, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Orkla Asa, Orkla Asia Holdings As and Orkla Asia Pacific Pte Ltd.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 13,69,89,230 | 90% |
| Promoter Holding Post Issue | 13,69,89,230 | 75% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Fees and commissions payable to the Book Running Lead Managers (including any underwriting commission, brokerage and selling commission) | – |
| Advertising and marketing expenses for the Offer | |
| Fees payable to the Registrar to the Offer | |
| Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Offer. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | |
| Printing and distribution of Offer stationery | |
| Other expenses including, listing fees, SEBI filing fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | |
| Fees payable to other intermediaries to the Offer, including but not limited to Statutory Auditor, independent chartered accountant, practicing company secretary and industry data provider | |
| Fee payable to legal counsels | |
| Miscellaneous |
Orkla India IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹2201.44 | ₹1943.72 | ₹339.13 | ₹3101.96 |
| 2024 | ₹2387.99 | ₹2083.37 | ₹226.33 | ₹3375.19 |
| 2025 | ₹2455.24 | ₹2066.15 | ₹255.69 | ₹3171.30 |
| June 2025 | ₹605.38 | ₹499.30 | ₹78.92 | ₹3,158.20 |
Orkla India IPO Valuation – FY2025
Check Orkla India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | 32.7% |
| EBITDA Margin: | 16.6% |
| PAT Margin: | 10.7% |
| Debt to equity ratio: | NA |
| Earning Per Share (EPS): | ₹18.7 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 13.8% |
| Net Asset Value (NAV): | ₹135.3 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Tata Consumer Products Limited | 13.1 | 85.9 | 6.4 | 202.1 | 17,811.55 Cr. |
About Orkla India IPO
Incorporated in 1924, Orkla India was initially known as MTR Foods is one of the leading multi-category Indian food companies, involved in offering a diverse range of products that can be used in every meal, from breakfast, lunch, dinner, snacks, beverages, and dessert. The company’s portfolio includes a wide range of products such as Sambar Masala, Chicken Masala, Puliogare Masala, Rasam Masala, and Meat Masala, in blended spices, Chilli, Kashmiri Chilli, Turmeric, Coriander, Cumin, and over 400 products across various categories. The company sells its products under the brands MTR and Eastern. They also offer Convenience Food Products such as Gulab Jamun Mix, Rava Idli Mix, 3-Minute Poha, and Dosa Mix that will allow simple and tasty cooking preparation in no time. As of now, the company comprises 843 distributors and 1800 sub-distributors spanning 28 states and 5 union territories.
Established in 1996, Orkla India Limited is an Indian food company that offers a wide range of food products, ranging from breakfast to lunch and dinner, snacks, beverages, and sweets.
It has a collection of iconic Indian heritage brands – MTR Foods, Eastern Condiments, and Rasoi Magic.
MTR Foods – instant mixes, ready-to-eat meals, spices, breakfast mixes, snacks, and beverages such as Spices, RTC Foods, RTE Foods, Vermicelli, etc.
Eastern Condiments – spices and convenience foods. The company serves customers across the country and has a significant presence in key markets – Karnataka, Kerala, Andhra Pradesh, and Telangana. It also exports products to approximately 42 countries, including GCC countries, the United States, and Canada.
As of June 30, 2025, it has over 400 products across various categories. In FY 2025, the company sold an average of 2.3 million units per day.
It manufactures goods through its own manufacturing facilities in India, as well as through contract manufacturing facilities in India, the United Arab Emirates, Thailand, and Malaysia. As of March 31, 2025, the company had nine manufacturing facilities in India with a total installed capacity of 182,270 tons per annum.
The company has a strong distribution network with 834 distributors and 1,888 sub-distributors across 28 states and six union territories.
Competitive Strengths
Category market leader with the ability to build and expand domestic food brands through a deep understanding of local consumer tastes
Multi-category food company focused on product innovation
Extensive distribution infrastructure with a deep regional network and extensive global reach
Large-scale manufacturing with stringent quality control and a robust supply chain
Experienced management team supported by strong global parentage
Strong business model with a track record of delivering profitable growth
IPO Lead Managers aka Merchant BaAbout Orkla India IPO
- ICICI Securities Limited
- Citigroup Global Markets India Private Limited
- J.P. Morgan India Private Limited
- Kotak Mahindra Capital Company Limited
Company Address
Orkla India Limited
No.1, 2nd and 3 rd Floor, 100 Feet Inner Ring Road
Ejipura, Ashwini Layout,
Vivek Nagar
Bengaluru, Karnataka
Phone: +91 80 4081 21
Email: investors@orklaindia.com
Website: http://www.orklaindia.com/
IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: orklaindia.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/