The ₹1,667-crore initial public offering (IPO) of Orkla India was entirely an offer for sale (OFS) of 2.28 crore equity shares by the promoter and other shareholders, with no fresh issue component. | Photo Credit: istock.com
On the National Stock Exchange (NSE), the stock opened at ₹750.10, reflecting a 2.75 per cent gain. It debuted slightly higher on the BSE at ₹751.50, marking a 2.94 per cent premium.
Post-listing, the stock moderated between ₹715 and ₹760.
The ₹1,667-crore initial public offering (IPO) of Orkla India was entirely an offer for sale (OFS) of 2.28 crore equity shares by the promoter and other shareholders, with no fresh issue component.
The selling shareholders and promoters were Orkla Asia Pacific Pte, Navas Meeran and Feroz Meeran.
It had a price band of ₹695 and ₹730 per share, and attracted an overall subscription of 48.73 times on the final day of bidding.
Ahead of the IPO, the company raised ₹500 crore from anchor investors, including several domestic mutual funds and global institutional players, signaling confidence in Orkla India’s long-term growth prospects.
Orkla India, formerly known as MTR Foods, is a multi-category food company anchored in strong regional brands such as MTR, Eastern and Rasoi Magic.
Published on November 6, 2025
