Orkla India IPO
Bookbuilding IPO | ₹1,667.54 Cr | Listing at BSE, NSE
IPO Open
Wed, Oct 29, 2025
IPO Close
Fri, Oct 31, 2025
Price Band
₹695.00 to ₹730.00
Market Cap (Pre-IPO)
₹10,000.21 Cr
IPO Details
| IPO Date | Oct 29, 2025 to Oct 31, 2025 |
| Listing Date | Tentative: Nov 06, 2025 |
| Face Value | ₹1.00 per share |
| Price Band | ₹695.00 to ₹730.00 |
| Lot Size | 20 Shares (Minimum: ₹14,600.00) |
| Sale Type | Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹1,667.54 Crores |
| Total Shares Offered | 22,843,004 shares |
| Offer For Sale | 22,843,004 shares |
Subscription Data
| Category | Times Subscribed |
|---|---|
| QIB | 117.63x |
| NII | 54.42x |
| RII | 7.06x |
| Total | 48.74x |
Orkla India IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 1,14,06,501 (49.93%) |
| Retail Shares Offered | 79,84,552 (34.95%) |
| NII Shares Offered | 34,21,951 (14.98%) |
Orkla India IPO Lot Size
Investors can bid for a minimum of 20 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 20 | ₹14,600 |
| Retail (Max) | 13 | 260 | ₹189,800 |
| S-HNI (Min) | 14 | 280 | ₹204,400 |
| S-HNI (Max) | 68 | 1,360 | ₹992,800 |
| B-HNI (Min) | 69 | 1,380 | ₹1,007,400 |
Orkla India Financial Information (Restated Consolidated)
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 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| 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 | 0.00 | 3.77 | 34.99 |
Amount in ₹ Cr
Key Performance Indicators
As of Monday, March 31, 2025| KPI | Values |
|---|---|
| ROE (Return on Equity) | 0.00% |
| ROCE (Return on Capital Employed) | 32.70% |
| Debt/Equity | 0.00 |
| RoNW (Return on Net Worth) | 13.80% |
| PAT Margin (Profit After Tax Margin) | 10.70% |
| EBITDA Margin | 16.60% |
| Price to Book Value | 5.40 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 18.67 | 23.04 |
| P/E (x) | 39.11 | 31.68 |
| Promoter Holding | 90.01% | 75.00% |
Company Promoters
- Orkla Asa
- Orkla Asia Holdings As and Orkla Asia Pacific Pte Ltd are the company promoters.
Company Overview
Incorporated in 1996, Orkla India Limited is an Indian food company, offering a diverse range of food products, from breakfast to lunch and dinner, snacks, beverages, and desserts.
It has a collection of iconic Indian heritage brands - MTR Foods, Eastern Condiments, and Rasoi Magic
- MTR Foods – Instant mixes, ready-to-eat meals, masalas, breakfast mixes, snacks & beverages such as Spices, RTC foods, RTE foods, vermicelli, etc.
- Eastern Condiments – Spices and convenience foods
The company serves customers across the country with signifcant presence in core markets; Karnataka, Kerala, Andhra Pradesh and Telangana. Further, it also exports products to about 42 countries such as GCC countries, US, and Canada
As of June 30, 2025, it has over 400 products across categories. In fiscal 2025, the company has sold 2.3 million units on average every day.
It manufactures goods across manufacturing facilities in India as well as contract manufacturing facilities in India and in the UAE, Thailand and Malaysia. As of March 31, 2025, the company owns 9 manufacturing facilities in India, with a total installed capacity of 182,270 TPA.
The company has a strong network distribution with 834 distributors and 1,888 sub-distributors across 28 states and 6 union territories.
Company Strengths
- Category market leader with ability to build and scale household food brands through an in-depth understanding of local consumer tastes
- Multi-category food company with a focus on product innovation
- Extensive distribution infrastructure with deep regional network and wide global reach
- Large-scale manufacturing with stringent quality control and a robust supply chain
- Experienced management team supported by strong global parentage
- Strong business model with a track record of delivering profitable growth
Orkla India IPO Peer Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Orkla India Limited | 18.70 | 18.70 | 135.30 | 0.00 | 13.80 | 5.41 | Standalone |
| Tata Consumer Products Limited | 13.10 | 13.10 | 202.10 | 90.10 | 6.40 | 5.82 | Consolidated |
Quick Info
| Sector | Agro - Food Products |
| Exchange | BSE, NSE |
| Market Cap (Pre-IPO) | ₹10,000.21 Cr |
Important Dates
| IPO Open | Oct 29, 2025 |
| IPO Close | Oct 31, 2025 |
| Allotment Date | Nov 03, 2025 |
| Credit to Demat | Nov 04, 2025 |
| Listing Date | Tentative: Nov 06, 2025 |
Lead Manager(s)
ICICI Securities Ltd.
Registrar
Kfin Technologies Ltd. i
04067162222, 04079611000
Description
- Orkla India IPO is a book build issue of ₹1,667.54 crores. The issue is entirely an offer for sale of 2.28 crore shares of ₹1,667.54 crore.
- Orkla India IPO bidding started from Oct 29, 2025 and ended on Oct 31, 2025. The allotment for Orkla India IPO was finalized on Nov 3, 2025. The shares got listed on BSE, NSE on Nov 6, 2025.
- Orkla India IPO price band is set at ₹730.00 per share . The lot size for an application is 20. The minimum amount of investment required by an retail is ₹14,600 (20 shares) (based on upper price). The lot size investment for sNII is 14 lots (280 shares), amounting to ₹2,04,400, and for bNII, it is 69 lots (1,380 shares), amounting to ₹10,07,400.
- The issue includes a reservation of up to 30,000 shares for employees offered at a discount of ₹69.00 to the issue price.