Orkla India IPO Details

Introduction

Orkla India Pvt Ltd, the Indian arm of Norway's Orkla ASA, is set to open one of the most eagerly awaited IPOs of 2025. Known for heritage brands such as MTR and Eastern, Orkla India delivers authentic Indian flavors to millions of homes—across masalas, breakfast mixes, instant foods, and ready-to-eat sweets. As India’s appetite for branded, convenient, and high-quality food continues to rise, Orkla India’s public issue signals a new chapter in local and global food investing.

Orkla India IPO Details

• Total Issue Size: ₹1,667.54 crore (Offer for Sale only; 2.28 crore shares)
• Price Band: ₹695–₹730 per share
• Lot Size: 20 shares (min. investment: ₹14,600)
• Subscription Window: October 29–31, 2025
• Allotment: November 3, 2025 | Listing: November 6, 2025 (BSE, NSE)
• Promoters Selling: Orkla Asia Pacific, Navas Meeran, Feroz Meeran
• Employee Discount: ₹69 per share for eligible employees
• No Fresh Issue: Entire proceeds will go to existing selling shareholders; company receives no new capital
• Anchor Investor Bid: October 28, 2025.

Orkla India: Brand Story & Market Presence

Orkla India houses a portfolio of iconic Indian brands—MTR, Eastern, and Rasoi Magic. From its Bengaluru headquarters, the company serves both daily meals and festival occasions with spices, ready-to-cook dosas and poha, instant mixes, chutneys, and sweets. It distributes 2.3 million units daily across India and exports products to over 40 countries. Its manufacturing and contract network spans India, UAE, Thailand, Malaysia, leveraging international standards for local taste.

• Core Markets: Karnataka, Kerala, Andhra Pradesh, Telangana
• Key Brands: MTR, Eastern, Rasoi Magic
• Employees: Approx. 2,600
• Parentage: 90% held by Orkla ASA (Oslo-listed)

Company Financials

Orkla India Ltd.'s revenue increased by 3% and profit after tax (PAT) rose by 13% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended	30-Jun-25	31-Mar-25	31-Mar-24	31-Mar-23
Assets	3,158.20	3,171.30	3,375.19	3,101.96
Total Income	605.38	2,455.24	2,387.99	2,201.44
Profit After Tax	78.92	255.69	226.33	339.13
EBITDA	111.75	396.44	343.61	312.44
NET Worth	1,931.12	1,853.47	2,201.48	2,237.69
Reserves and Surplus	2,523.56	2,445.80	2,793.35	2,227.28
Total Borrowing	2.33		3.77	34.99

Amount in ₹ Crore

Offer Highlights :-

• Market Cap: Approx. ₹10,000 crore (at upper band)
• GMP: Trading at ₹114 premium (expected listing pop ~15%)
• Retail Quota: 35% | QIB: 50% | NII: 15% of net offer
• Distribution: Modern trade, e-commerce, kirana stores, and international supply.

S.No.	Objects of the Issue
1	Fees and commissions payable to the Book Running Lead Managers (including any underwriting commission, brokerage and selling commission)
2	Advertising and marketing expenses for the Offer
3	Fees payable to the Registrar to the Offer
4	Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Offer. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs
5	Printing and distribution of Offer stationery
6	Other expenses including, listing fees, SEBI filing fees, BSE and NSE processing fees, book building software fees and other regulatory expenses
7	Fees payable to other intermediaries to the Offer, including but not limited to Statutory Auditor, independent chartered accountant, practicing company secretary and industry data provider
8	Fee payable to legal counsels
9	Miscellaneous

Strengths

• Leading position in fast-growing, branded Indian food segments
• Strong R&D and product innovation from global parent Orkla ASA
• Efficient, multi-location supply chain and respected food safety systems
• Well-entrenched brands with decades of trust and a loyal customer base

Risks

• 100% Offer for Sale: The company will not receive IPO proceeds
• Intense competition from local and international FMCG and food brands
• Exposure to agri-commodity price volatility and supply chain risks
• Revenue heavily dependent on regional markets (South India focus).

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How To Apply for the Online?

• Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials. 
• Locate the IPO Section: Navigate to the 'IPO' section on the platform. 
• Select IPO: Find and select the IPO from the list of open IPOs. 
• Enter the Lot Size: Specify the number of lots you want to bid for. 
• Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application. 
• Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN. 

How To Check the Allotment Status of IPO?

Steps to check IPO allotment status on JM Pro app: 

• Log in to the JM Pro app. 
• Go to the IPO Section and then to IPO Orders. 
• Select the individual IPO that you had applied for and check the allotment status. 

JM Financial Services will notify you of your IPO allotment status via push notification and email

FAQs

Q: What are the Orkla India IPO dates and price band?
A: October 29–31, 2025; price band is ₹695–₹730 per share.

Q: Is Orkla India issuing any new shares in this IPO?
A: No—this is a pure Offer for Sale. All proceeds go to selling shareholders, not the company.

Q: Which brands are part of Orkla India?
A: MTR Foods, Eastern, Rasoi Magic—covering spices, convenience foods, and ready-to-eat Indian dishes.

Q: Where will Orkla India shares be listed?
A: BSE and NSE, with listing expected on November 6, 2025.

Q: Who should consider this IPO?
A: Investors seeking exposure to branded food business with export scale, regional dominance, and strong global parentage.

Q: Is there a discount for employees?
A: Yes, eligible employees receive a ₹69 per share discount.