Orkla India IPO Allotment Finalized Amid 49x Subscription; Listing Set for November 6

The allotment for the highly awaited Orkla India IPO, parent company of popular packaged foods maker MTR Foods, has been finalized on Monday, November 3, 2025. The IPO witnessed an overwhelming demand, being subscribed nearly 49 times overall.

Orkla India’s initial public offering was open for subscription from October 29 to October 31, 2025, and drew bids for approximately 779.66 million equity shares against the 15.99 million shares on offer. This massive response confirms strong investor confidence in the company’s potential.

The subscription details reveal a particularly robust interest from Qualified Institutional Buyers (QIBs), who subscribed 117.63 times their reserved quota. Non-Institutional Investors (NIIs) showed a subscription of 54.42 times, while the retail category was subscribed at 7.05 times.

Investors who applied in the Orkla IPO can now check their allotment status through multiple channels including the official websites of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and via Kfin Technologies, the registrar handling the allotment process. Allottees will have their shares credited to their demat accounts by November 4, 2025, with refunds for unsuccessful applicants initiated on the same day.

The IPO was priced between ₹695 and ₹730 per share, comprising entirely an offer-for-sale of 2.28 crore shares by existing shareholders including Orkla ASA and its affiliates, meaning the company itself did not raise fresh equity capital in this offering.

The stock is scheduled to list on both BSE and NSE on Thursday, November 6, 2025. Market expectations are positive, buoyed by a strong grey market premium (GMP) currently around 13%, suggesting a potential listing gain of nearly ₹95 per share. This has generated excitement among investors anticipating a good debut performance on the exchanges.

Orkla India is well-established in the Indian packaged foods sector, with brands like MTR Foods, Eastern Condiments, and Rasoi Magic that enjoy broad market presence and exports to 42 countries, positioning it as a significant player in both domestic and international markets.