Orkla India shares to list today. GMP suggests healthy debut ahead
The Economic Times·2025-11-06 03:12
The IPO, which was open between October 29 and October 31, received a strong response from all investor categories. Overall, the issue was subscribed 48.7 times, led by strong institutional demand. The QIB portion was subscribed 117.6 times, NII 54.4 times, and retail 7 times, reflecting broad-based participation despite the entire issue being a pure offer for sale (OFS).Analysts say that even though the IPO did not include any fresh capital raise, investor enthusiasm has been fueled by Orkla’s strong bran ...