The initial public offering (IPO) of Orkla India Ltd, the owner of popular spice and food brands like MTR and Eastern, has garnered significant attention from investors. The IPO, which closed on October 31, 2025, saw an impressive subscription rate of 48.73 times. Now, all eyes are on the Orkla India IPO allotment date, which is expected to be finalized on November 3, 2025.
Allotment Date and Key Dates
The Orkla India IPO was open for subscription from October 29 to October 31, 2025. The IPO allotment is expected to be finalized on November 3, 2025. Successful applicants can expect the credit of equity shares to their demat accounts by November 4, 2025, while refunds for unsuccessful bidders will also be initiated on the same day. The tentative listing date for Orkla India shares on both the BSE and NSE is November 6, 2025.
How to Check Allotment Status
Investors can check the Orkla India IPO allotment status through the following methods:
- BSE Website: The allotment status can be checked on the official website of the Bombay Stock Exchange (BSE).
- NSE Website: Investors can also check the allotment status on the National Stock Exchange (NSE) website.
- IPO Registrar Website: Kfin Technologies is the registrar for the Orkla India IPO. The allotment status can be checked on the official portal of Kfin Technologies.
To check the allotment status, investors will need to have their PAN number, application number, or DPID/Client ID handy.
Grey Market Premium (GMP)
The grey market premium (GMP) is an unofficial indicator of the expected listing price of a stock. According to websites tracking the grey market, the GMP for Orkla India IPO has shown a bullish trend. On November 1, 2025, the GMP rose to ₹95 per share, indicating that the shares are trading higher by ₹95 apiece than their issue price in the grey market. Some reports suggest the GMP to be around ₹70-77. This signals that the estimated listing price of Orkla India stock could be ₹825 apiece, a premium of over 13% to the IPO price of ₹730 per share. However, it's important to note that GMP is just an indicator and not a guarantee of listing gains.
IPO Details and Subscription Status
The Orkla India IPO price band was ₹695 to ₹730 per share. The IPO aimed to raise ₹1,667.54 crore, entirely through an offer-for-sale (OFS) of 2.28 crore equity shares. The IPO was subscribed 48.73 times in total. The Retail Individual Investors (RIIs) category was subscribed 7.05 times, the Non-Institutional Investors (NII) segment 54.42 times, and the Qualified Institutional Buyers (QIBs) category a massive 117.63 times.
Company Overview
Orkla India is a leading food company with strong brands like MTR and Eastern, particularly popular in South India. The company has demonstrated steady financial growth, with revenue increasing from ₹2,201 crore in FY23 to ₹2,455 crore in FY25. The company's profit margin stands at 10.7% for FY25, and it has reduced its debt to zero.
Investment Considerations
Analysts suggest that Orkla India IPO is fairly priced compared to its peers. The company's strong brand presence, profitability, and growth prospects make it an attractive investment for the long term.
