In convenience foods the company supplies products that simplify the cooking process and enable quick meal preparation — examples include Gulab Jamun mix, Rava Idli mix, 3-Minute Poha and Dosa mix. As of June 2025, the portfolio comprised around 400 products, and the business sold approximately 2.3 million units on average every day.
Orkla India IPO Allotment Status, GMP LIVE: Will Orkla India IPO list with a hefty premium on November 6? Check what the GMP indicates – IPO News
Orkla India ipo gmp, Allotment Status Live Updates: The allotment of Orkla India IPO shares was finalised on November 3, with investors applying for this public offering eagerly waiting to know whether they have received shares or not.
IPO timeline and listing details
The Orkla India IPO, a Rs 1,667.54 crore book-build issue, was open for subscription from October 29 to 31. As per the schedule, the allotment process is expected to be completed on November 3, followed by refunds and demat credit on November 4.
| Orkla India IPO | Key Details |
| Price Band | Rs 695-730 per share |
| IPO Date | October 29-31 |
| GMP | 9% |
| IPO Allotment date | November 03 |
| Listing date | November 06 |
The company’s shares are expected to list on the BSE and NSE on November 6.
What happens after allotment
Once the allotment is confirmed, successful investors will see shares credited to their demat accounts by Monday, November 4. Those who do not receive shares will get refunds initiated on the same day.
Orkla India, the parent company of MTR Foods, is a well-known name in the packaged food and beverage segment.
Live Updates
Orkla India IPO Allotment Status Live: Follow Live Coverage on Orkla India IPO GMP, Allotment Status, Grey Market Premium, Listing Date, Review and More
Orkla India IPO Allotment Status, GMP Live: Figures of convenience foods
Orkla India IPO Allotment Status, GMP Live: Strong store outreach
In its core states, it has particularly strong outlet reach of approximately 300,000 retail outlets selling blended spices in Karnataka and about 74,500 in Kerala. The company’s brands reach 67.5% and 70.4% of those outlets respectively, compared with an industry average of 30-40%.
Orkla India IPO Allotment Status, GMP Live: Strong distribution network
The company’s robust distribution network underpins its market presence: there are 834 distributors and 1,888 sub-distributors across 28 states and six union territories. Additionally, it has strong coverage in emerging channels, with partnerships in 42 modern trade retail chains and six e-commerce/quick commerce platforms.
Orkla India IPO Allotment Status, GMP Live: Presence in international markets
International markets also play a key part in the company’s growth strategy, catering to the Indian diaspora globally who seek authentic South Indian flavours.
In the three months ended June 2025, export revenue stood at Rs 1,19.69 crore (20.4% of total revenue), and for FY25, exports were Rs 4,86.17 crore (20.6% of total revenue). The company exported to 45 countries (including through deemed exports) as of June 2025, with a strong focus on the GCC countries, the US and Canada.
Orkla India IPO Allotment Status, GMP Live: Mehta Equities on this IPO
“On valuation parse, at the upper price band of Rs 730, the issue is asking for a market cap of Rs 10,000 crore. Based on FY26 annualised earnings and fully diluted post- IPO paid-up capital, the company is asking for a PE of 31.7x, which appears reasonable given its market leadership, strong brands, and entrenched regional dominance in the spices and convenience foods space. However, investors should note that the IPO comprises a 100% Offer for Sale (OFS) of Rs 1,667 crore, which could be viewed as a key concern for new investors,” said Rajan Shinde, Research Analyst at Mehta Equities.
Orkla India IPO Allotment Status, GMP Live: Grey market trend
The grey market premium for Orkla India hovered around Rs 71 per share as of the lastest, implying a possible 10% listing gain.
Earlier, the GMP had peaked near Rs 160 before settling lower closer to the listing.
Orkla India IPO Allotment Status, GMP Live: Choice Equity on IPO valuation
At a current trailing P/E of approximately 38.1x and an FY25 P/E of roughly 31.7x, Orkla India is trading at a discount relative to its peer group, said Choice Equity in an IPO note.
“While net profit dropped in FY24, the decline was driven solely by a non-recurring tax adjustment and is not expected to repeat. The company enjoys strong brand equity (notably through MTR), a low leverage position, and excellent returns—ROIC of approximately 30.8% and ROE around 10.4%,” said Choice Equity.
Orkla India IPO Allotment Status, GMP Live: About Orkla India
Founded in 1996, Orkla India is a key player in India’s packaged food industry, known for household names like MTR Foods, Eastern Condiments, and Rasoi Magic.
Orkla India IPO Allotment Status, GMP Live: Price band and lot size
The price band for the offer was set at Rs 695–Rs 730 per share, with a minimum lot size of 20 shares, requiring an investment of about Rs 13,900 at the upper end.
Orkla India IPO Allotment Status, GMP Live: Growth plans
Going ahead, Orkla India plans to focus on brand innovation, R&D investments, and export expansion. Its strategy centers on leveraging India’s growing appetite for packaged and convenience foods, along with tapping the Indian diaspora’s demand overseas.
Orkla India IPO Allotment Status, GMP Live: Financial snapshot
The company sold around 2.3 million units daily in FY25, reported a 13.6% ROCE, and has remained nearly debt-free. Profits have grown at a 28.4% CAGR over the past five years.
Orkla India IPO Allotment Status, GMP Live: Products and operations
The company offers over 400 food products, including instant mixes, ready-to-eat meals, spices, beverages, and snacks. It operates nine manufacturing facilities across India and also uses contract manufacturing in the UAE, Thailand, and Malaysia.
Orkla India IPO Allotment Status, GMP Live: How to check allotment status
Investors can verify their IPO allotment status through the BSE, NSE, or the registrar KFin Technologies by entering their PAN or application number on the respective portals.
Orkla India IPO Allotment Status, GMP Live: Subscription status
The IPO received a strong investor response, getting subscribed nearly 49 times overall.
QIBs: 117.63 times
NIIs: 54.42 times
Retail investors: 7.05 times
A total of 779.66 million bids were received against 15.99 million shares on offer.
Orkla India IPO Allotment Status, GMP Live: Listing timeline
The bidding period ran from October 29 to October 31, with allotment finalised on November 3. Refunds and demat credit took place on November 4, and the stock is set to list on November 6 on both BSE and NSE.
Orkla India IPO Allotment Status, GMP Live: Size and structure
The Rs 1,667.54 crore IPO is a complete offer for sale (OFS) of 2.28 crore shares by Orkla Asia Pacific Pte Ltd and existing investors Feroz Meeran and Navas Meeran. Since there is no fresh issue, the company will not receive any proceeds from the IPO.
Orkla India IPO Allotment Status, GMP Live: Manufacturing Units of the company
The company runs nine manufacturing facilities across India with a combined capacity of 182,270 tonnes per annum. It also relies on contract manufacturing units in the UAE, Thailand, and Malaysia to serve global markets.
Orkla India IPO Allotment Status, GMP Live: Brands of Orkla India
The company owns well-known Indian food brands such as MTR Foods, Eastern Condiments, and Rasoi Magic, catering to both traditional and modern Indian households.
Orkla India IPO Allotment Status, GMP Live: Objective of the IPO
The public issue comprises solely of OFS of Rs 1,587.6 – 1,667.5 crore. Thus, the company will not receive any proceeds from the public issue. The promoter and promoter group entities are participating in the OFS and offloading 2.06 crore shares, and Individual public shareholders are also participating and offloading 0.23 crore shares.
Orkla India IPO Allotment Status, GMP Live: Strong South Indian presence
The company maintains a stronghold in southern markets such as Karnataka, Kerala, Andhra Pradesh, and Telangana, with expansion plans toward northern and western regions.
Orkla India IPO Allotment Status, GMP Live: Orkla India network
The company operates through 834 distributors and 1,888 sub-distributors, covering more than 4 lakh retail outlets nationwide
Orkla India IPO Allotment Status, GMP Live: Mehta Equities on IPO
“On valuation parse, at the upper price band of Rs 730, the issue is asking for a market cap of Rs 10,000 crore. Based on FY26 annualised earnings and fully diluted post- IPO paid-up capital, the company is asking for a PE of 31.7x, which appears reasonable given its market leadership, strong brands, and entrenched regional dominance in the spices and convenience foods space. However, investors should note that the IPO comprises a 100% Offer for Sale (OFS) of Rs 1,667 crore, which could be viewed as a key concern for new investors,” said Rajan Shinde, Research Analyst at Mehta Equities.
Orkla India IPO Allotment Status, GMP Live: Details about the company
The company is a leading multi-category food company with a strong capability in building and scaling trusted household brands. The company leverages a deep understanding of regional tastes and culinary cultures to offer products suited to local preferences. It has an extensive distribution network across India and a growing global presence, ensuring strong market reach.
Orkla India IPO Allotment Status, GMP Live: How to check IPO allotment status via BSE website
Investors can check the IPO allotment status for Orkla India IPO through BSE Website as well. The steps are give below:
Go to the BSE IPO allotment status page.
Select ‘Equity’ as the issue type.
From the dropdown, choose Anand Rathi Share.
Enter your application number or PAN.
Complete the captcha by ticking ‘I’m not a robot’ and click on Search.
Orkla India IPO Allotment Status, GMP Live: Risks involved
Orkla India faces risk of regulatory actions or compliance failures in food safety can impact its reputation and business. Plus, there’s heavy check on food-health & safety regulation, imposing cost and operational burdens. Also, high sales concentration in South India increases regional risk exposure.
Orkla India IPO Allotment Status, GMP Live: Industry growth
India’s packaged food market, valued at Rs 10,18,000 crore in FY24, has grown at a CAGR of 10.8% since FY19 and is projected to reach Rs 17,12,000 crore by FY29, registering a CAGR of 11%. The growth is supported by rising income levels, increasing urbanisation, evolving consumer preferences, and steady year-round demand.
Orkla India IPO Allotment Status, GMP Live: Quality checks
The company has robust quality control mechanisms, including in process quality checks and a food safety management system at its manufacturing facilities as well as at their contract manufacturers, which aim to identify and address potential issues early, ensuring their products are of high quality.
Orkla India IPO Allotment Status, GMP Live: Orkla India’s reach in market
In combination with significant marketing investments over the years and extensive distribution, MTR and Eastern have reached nine out of 10 households through at least one of their products in Karnataka and Kerala, respectively (for January 2024–December 2024, based on the share of households consuming at least one of their products at least once a year). The company are also present in leading e-commerce and quick-commerce platforms, ensuring that their products are easily available to consumers on these platforms.
Orkla India IPO Allotment Status, GMP Live: Financial highlights
Orkla India reported average daily sales of 2.3 million units and is estimated to have a post-IPO market capitalisation of around Rs 10,000 crore.
The company maintains a stronghold in southern markets such as Karnataka, Kerala, Andhra Pradesh, and Telangana, with expansion plans toward northern and western regions.
Orkla India IPO Allotment Status, GMP Live: Anand Rathi Research on IPO valuation
“At the upper price band company is valued at Pa /E of 31.5x to its
FY26 annualised earnings and market cap of Rs 10,000 crore post
issue of equity shares. We believe that the IPO is fully priced and recommend a ‘Subscribe-Long Term’ rating to the IPO,” said Anand Rathi Research in an IPO note.
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