Orkla India Ltd. is set to announce the share allotment status for its initial public offering (IPO) on Monday, November 3, following robust investor interest.
The ₹1,667.54-crore Orkla India IPO saw an overwhelming subscription of 48.74 times, with bids for nearly 78 crore shares against just 1.6 crore shares on offer.
The mainboard IPO was open for subscription between October 29 and October 31. In detail, the retail segment was subscribed to 7 times, the Non-Institutional Investors (NIIs) category saw a subscription of 54.42 times, and Qualified Institutional Buyers (QIBs) overshot their quota by 117.63 times. The company’s employees segment recorded a subscription of more than 15 times.
Orkla India’s IPO was structured entirely as an offer-for-sale (OFS), comprising 2.28 crore shares, with a lot size fixed at 20 shares. The price band was set between ₹695 and ₹730 per share. Since the IPO is fully OFS, the company will not receive any proceeds; the funds will instead go to existing shareholders—Orkla ASA, Orkla Asia Holdings AS, and Orkla Asia Pacific Pte Ltd—who are partially offloading their stakes.
Investors who applied for the IPO can check their share allotment status online through the BSE, NSE, or the official registrar, Kfin Technologies Ltd.
Orkla India shares are expected to be credited to successful bidders’ Demat accounts on Tuesday, November 4, with refunds for unsuccessful applicants processed on the same day. The company’s shares are anticipated to be listed on both NSE and BSE on Thursday, November 6.
Investors can also check their allotment status on NSE using their PAN and Application Number.
Also Read: Upcoming IPO: Shadowfax Technologies Files Updated Draft Papers with SEBI for ₹2,000 Crore IPO
A subsidiary of the Norwegian multinational Orkla ASA, Orkla India entered the Indian market in 2007 through the acquisition of MTR Foods. It further expanded its footprint by acquiring Eastern Condiments, a well-known spice brand in Kerala, in 2021. Today, Orkla India is a leading player in the branded food sector, particularly in spices.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Nov 3, 2025, 12:49 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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