Orkla India IPO Opens for Subscription with Rs 1,667 Crore Offer for Sale

Published By DPRJ Universal | Published on Wednesday, 29 October 2025

Orkla India launched its Rs 1,667 crore IPO with a price band of Rs 695-730 per share, entirely via an Offer for Sale by the parent company and promoter shareholders. The IPO opened on October 29, 2025, and attracted a 27% subscription on the first day. The company, known for brands like MTR and Eastern, aims to leverage its strong brand presence and financials to attract investors.

The initial public offering (IPO) of Orkla India Foods Private Limited, owner of popular Indian food brands such as MTR and Eastern, opened for public subscription on October 29, 2025. The IPO consists entirely of an Offer for Sale (OFS) totaling Rs 1,667 crore, with a price band set between Rs 695 and Rs 730 per share. This means that no fresh capital will be raised by the company itself; proceeds will go to the Norwegian parent Orkla ASA and other selling shareholders. On the first day of bidding, the IPO was subscribed about 27%, with retail investors subscribing 36% of their quota, non-institutional investors booking 40%, and qualified institutional buyers yet to participate significantly. The grey market premium (GMP) initially indicated a strong listing potential but showed some decline from earlier peaks. Orkla India, headquartered in Bengaluru, markets over 400 food products, distributing 2.3 million units daily with exports to over 40 countries. Analysts remain cautiously optimistic about the IPO, citing the company’s strong brand leadership in South Indian culinary staples and solid financial performance. The IPO subscription closes on October 31, with allotment expected by early November and listing scheduled for November 6, 2025.