Orkla India IPO has recently announced the allotment status of its Rs 1,667.54 crore public offer. The company is scheduled to list on November 6, 2025. On BSE and NSE, Orkla, who owns popular snack and food brand MTR, will rival against Tata Group-backed Tata Consumer Products. The latest grey market premium (GMP) is signalling at nearly 10% premium listing for Orkla India.
Orkla India IPO Listing Date & Prediction:
After the allotment of status, Orkla India is scheduled to list on Indian stock exchanges BSE and NSE on November 6, 2025.
As per Prashanth Tapse, Senior VP (Research), Mehta Equities, despite the IPO being a 100% Offer for Sale (OFS), the issue witnessed subscription demand above street expectations, reflecting strong investor interest. While considering the current muted market sentiment, Mehta Equities expects a decent listing gain of around 10-12% on the issue price, which aligns with earlier projections.
The expert added, "We continue to believes that Orkla India, a market-leading packaged food and spices company backed by iconic brands such as MTR and Eastern, presents a compelling long-term structural growth story. The strong response to the issue underscores confidence in the company's fundamentals and its ability to capitalize on the growing demand for convenience foods across key geographies."
Accordingly, the expert has suggested allottees to hold the stock from a long-term investment perspective, while being mindful of inherent market risks.
For non-allotted investors, the expert advises a 'Wait and Watch' approach to evaluate any post-listing correction as a potential entry opportunity."
Orkla India IPO Vs Tata Consumer Products:
Currently, Tata Consumer share price is at Rs 1179.20 apiece on BSE, with market cap of Rs 1,16,686.76 crore. The stock is nearing its 52-week high of Rs 1,202.75 apiece. Its price-to-equity ratio is at 48.30x, return on equity is at 14.96% and earnings per share is at Rs 24.41 as of November 4, 2025. Market is closed on November 5 due to Guru Nanak Jayanti.
Once Orkla lists on BSE and NSE, its market cap is estimated at around Rs 10,000 crore, as per Choice Equity Broking note. Hence, Orkla will likely fall under the category of small-cap or midcap. This means it won't be bigger than Tata Consumer after listing.
But as per the Choice data, the price-to-equity ratio is expected to be lower at 38.1x compared to Tata Consumer. However, the earnings per share and FY25 return on equity is at Rs 19.2 and 10.4%, far behind Tata Consumer. A low PE ratio indicates that the stock is cheaper and has potential to rise.
Except for PE ratio, Tata Consumer outperforms Orkla in other fundamentals.
Orkla India IPO GMP:
Orkla India IPO last GMP is Rs 70, last updated Nov 4th 2025 11:35 PM. With the price band of 730.00, Orkla India IPO's estimated listing price is Rs 800 (cap price + November 4th GMP).The expected percentage gain/loss per share is 9.59%, as per Investor Grain.
The GMP has fallen for second consecutive day. On November 3rd, which was the day of allotment status, Orkla India's GMP stood at Rs 72, but this was also lower from GMP of Rs 95.5 on November 2nd when the IPO ended.
Orkla India IPO Allotment:
Investors can check their allotment status for Orkla India online through BSE, NSE and KFin Technologies (Registrar).
Orkla India IPO Allotment Status On BSE: Direct Link
Orkla launched its Rs 1,667.54 crore IPO on October 29th, and the subscription was available till October 31st. The IPO was entirely offer for sale of up to 2.28 crore shares. The price band was fixed at Rs 695 to Rs 730 per share. On the final day, the IPO cumulatively oversubscribed by 48.73x with bids of 77,96,62,340 equity shares against the offered size.
About Orkla India Limited:
The Company is a multi-category Indian food enterprise with operations spanning several decades, offering a broad and diverse range of products that cover every meal occasion - from breakfast, lunch and dinner to snacks, beverages and desserts. Under the two flagship brands, MTR and Eastern, the Company delivers authenticity and tradition, deeply rooted in South Indian culinary heritage. In Fiscal 2024, according to a report by Technopak Advisors, the Company ranked among the top four companies in terms of revenue from operations in the select universe of leading branded spices and convenience food peers.
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