Orkla India IPO GMP, Allotment Status Live Updates: The Orkla India IPO has now moved to the next key step – the share allotment. The allotment for the IPO is set to be finalised today (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.
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: Mehta Equities on IPO valuation
"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: 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: Key brands of Orkla India
The MTR brand was originally established in 1924 and has been a key brand of the company since its incorporation in 1996. The Eastern brand was founded in 1983; over more than four decades, it has expanded a portfolio spanning spices and convenience foods, with a special emphasis on Kerala cuisine. In March 2021, the company acquired Eastern Condiments.
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 119.69 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: Manufacturing footprint
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: Subscription numbers
The IPO drew strong demand, receiving a total subscription of 48.74 times on the final day.
Category-wise:
QIBs: 117.63 times
NIIs: 54.42 times
Retail investors: 7.06 times
Employee quota: nearly 7 times
Orkla India IPO Allotment Status, GMP Live: Distribution Reach
Orkla India operates through 834 distributors and 1,888 sub-distributors, covering more than 4 lakh retail outlets nationwide — giving it strong reach in both urban and semi-urban markets.
Orkla India IPO Allotment Status, GMP Live: Key brands under orkla
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: Company background
Founded in 1996, Orkla India is a major player in the packaged food and condiments segment, with a portfolio spanning over 400 products across categories like spices, ready-to-eat meals, snacks, and beverages.
Orkla India IPO Allotment Status, GMP Live: Allotment and listing schedule
The basis of allotment is expected to be finalised on November 3, followed by refunds and demat credits on November 4.
The stock is scheduled to list on November 6, 2025, on both BSE and NSE. Kfin Technologies is the registrar handling allotment and refund processes.
Orkla India IPO Allotment Status, GMP Live: Price band and investment details
The company set its price band at Rs 695–730 per share. Retail investors needed to invest a minimum of Rs 14,600 for one lot of 20 shares at the upper price band.
Orkla India IPO Allotment Status, GMP Live: Overview of the issue
The Orkla India IPO, valued at Rs 1,667.54 crore, opened for subscription on October 29, 2025, and closed on October 31, 2025. The issue was entirely an offer for sale (OFS) of 2.28 crore shares, meaning no new equity was issued.