Archive · 31 Oct 2025
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.
Orkla India's ₹1,667 crore IPO closed with an overall subscription of 48.73 times.
The Qualified Institutional Buyers (QIB) quota saw the highest subscription at 117.63 times.
The IPO was entirely an offer for sale, with proceeds going to selling shareholders like Orkla Asia Pacific Pte.
The price band for the IPO was set between ₹695 to ₹730 per share.
A grey market premium (GMP) of ₹86 suggests a potential listing price of ₹816 per share, an 11.78% premium.
- Who
- Orkla India
- What
- Initial Public Offering (IPO) for ₹1,667 crore
- When
- Closed for bidding on Friday, November 1, 2025. Allotment expected November 3, 2025. Listing expected November 6, 2025.
- Where
- BSE and NSE
- Why
- Entirely an offer for sale by shareholders.
Shareholder Perspective
Company Perspective
Use of Funds
Shareholder Perspective
Proceeds from the IPO will go directly to selling shareholders, as it is an offer for sale.
Company Perspective
While not directly funding the company, the IPO provides liquidity and a market valuation for existing shareholders.
Investment Signal
Shareholder Perspective
A strong GMP indicates investor confidence and potential for immediate gains upon listing.
Company Perspective
The strong subscription across all investor categories signals robust market interest in Orkla India's brands and future prospects.
- IPO Size
- ₹1,667 crore
- Subscription Status
- 48.73 times
- QIB Subscription
- 117.63 times
- NII Subscription
- 54.42 times
- Retail Subscription
- 7.05 times
- Employee Subscription
- 15.13 times
- Grey Market Premium (GMP)
- ₹86
- Potential Listing Price
- ₹816
Sources
Orkla India IPO Subscribed 2.7 Times on Strong Investor Demand
Orkla India IPO Day 3 LIVE: Last day to apply for MTR's parent firm — Check latest GMP
Orkla India IPO Day 3: sees stellar demand, subscribed 40.27x so far on final day
Shreeji Global FMCG IPO to open on Nov 4, raise ₹85 cr