Core Insights - The Orkla India IPO has garnered significant interest, being subscribed 2.70 times by the end of Day 2, with strong participation from Retail Individual Investors (RIIs) and Non-Institutional Investors (NIIs) [2][6][12] - The grey market premium (GMP) for the IPO is reported at Rs 70, suggesting a potential listing price of around Rs 800, reflecting positive investor sentiment [6][10] - The IPO is a complete Offer for Sale (OFS) by Orkla ASA, with no fresh capital being raised, and the price band set between Rs 695 and Rs 730 per share [7][13] Company Overview - Orkla India, established in 1996, is a leading player in the packaged foods and condiments sector, offering over 400 products, including instant mixes, spices, and ready-to-eat meals [8][17] - The company holds a significant market share in South India, with flagship brands MTR and Eastern commanding a 31–42% market share in key markets and an 18.6% share in India's overall convenience food segment [8][17] - Orkla India operates nine manufacturing facilities across India, with a total production capacity of 182,000 tonnes per annum, supported by a robust distribution network [9][17] Financial Performance - In FY25, Orkla India reported a total income of Rs 2,455 crore and a net profit of Rs 256 crore, reflecting a 13% year-on-year growth [10][17] - The company achieved an EBITDA margin of 16.6% and a return on capital employed (ROCE) of 32.7%, indicating strong profitability and operational efficiency [10][17] Analyst Perspectives - Analysts view the Orkla India IPO as an opportunity to invest in a market-leading company with a diverse product portfolio and strong export performance [12][15] - The valuation at the upper end of the price band of Rs 730 translates to a market capitalization of approximately Rs 10,000 crore, with a P/E ratio of around 31.7x based on FY26 annualized earnings [13][16] - Recommendations from analysts suggest a "Subscribe for Long-Term" rating, highlighting the company's strong distribution network and backing from its global parent as key positives for investors [14][16]

According to market observers, the stock is trading at a Orkla India IPO Subscription StatusAt the close of Day 1, the Orkla India IPO was 79% subscribed overall, against the 1.59 crore shares on offer.Retail Individual Investors (RIIs) showed strong participation, subscribing to 90% of the 79.84 lakh shares reserved for them. Non-Institutional Investors (NIIs) also displayed healthy interest, with their 34.21 lakh share quota subscribed 1.53 times.Live EventsOrkla India IPO GMP TodayAs of October 30, the ...

Orkla India, which owns spices and condiments brands MTR and Eastern, on Tuesday said it has raised around Rs 500 crore from anchor investors, a day before its maiden public opening for subscription. The allotment saw participation from a strong mix of leading domestic and global institutional investors. The prominent investors included Nippon India Mutual Fund, Aditya Birla Sun Life Mutual Fund, LIC Mutual Fund, Baroda BNP Paribas Mutual Fund, Nomura Funds Ireland, Government Pension Fund Global, Jupiter ...

Multi-category food maker Orkla India, which owns the MTR and Eastern brands, is tapping the domestic market with a ₹1,667-crore public issue (October 29–31). Shares are being offered in a price band of ₹695–₹730 in this 100 per cent Offer for Sale of up to 2.28 crore shares by existing shareholders, valuing the company at an implied m-cap of around ₹10,000 crore. Norwegian promoter Orkla ASA will hold 75 per cent post-listing, while the Meeran brothers are also diluting their stake through the offer.At the ...

Company Overview - Orkla India Ltd. is set to launch its initial public offering (IPO) on October 29, 2025, aiming to raise approximately ₹1,668 crore through an offer-for-sale [1] - The IPO will be priced between ₹695-730 per share and will close on October 31, 2025 [1] Shareholder Structure - The IPO is entirely an offer-for-sale, with promoter Orkla Asia Pacific Pte. Ltd. selling 2.06 crore shares, and two investor shareholders each selling 11.41 lakh shares [2] - Post-issue, the promoter's holding will decrease from 90% to 75%, with the company's market capitalization projected to reach ₹10,000 crore at the upper price band [2] Market Position and Product Range - Orkla India operates in the packaged food segment, offering around 400 products, including spices, masalas, ready-to-eat meals, beverages, and sweets [3] - The company holds significant market shares in the packaged spices market, with 31% in Karnataka and 42% in Kerala as of FY24 [3] Financial Performance - The company reported revenues of ₹2,395 crore in FY25, with EBITDA margins of 16.6% [4] - Over the past three years, Orkla India achieved sales and EBITDA growth of 5% and 12.9% CAGR, respectively, although adjusted profit declined from ₹338 crore in FY23 to ₹289 crore in FY25 due to tax reversals [4] - The company maintains a virtually debt-free balance sheet and generates annual cash flows of ₹300-400 crore [4] Parent Company and Global Presence - Orkla India is backed by Norwegian parent Orkla ASA, which acquired MTR in 2007 and Eastern in 2021 [5] - The company has expanded its reach to over 45 countries, including GCC nations, the US, and Canada [5] Valuation - SBI Securities has assigned a neutral rating to the IPO, valuing the issue at 34.6 times FY25 earnings [5]