Archive · 31 Oct 2025

Orkla India IPO Oversubscribed; Strong GMP Signals Potential Listing Gains

Orkla India IPO Oversubscribed; Strong GMP Signals Potential Listing Gains

Orkla India, a company known for its MTR and Eastern spice brands, recently closed its IPO.

The IPO was very popular, with investors bidding for almost 49 times the number of shares offered.

This means many people wanted to buy shares!

The 'grey market premium' (GMP), which is an indicator of demand, was also strong.

This suggests that shares might trade higher on the stock market when they first become available.

The IPO was an 'offer for sale,' meaning the money raised goes to existing shareholders selling their stakes, not to the company itself.

The company plans to list on the stock exchange soon, with the final share allocation expected shortly.

Sources