ORKLA INDIA LIMITED

29 Oct 2025 - 31 Oct 2025 Individual Category Main Board BSE NSE

Min Investment

₹14600

Price Band

₹695-₹730

Issue Size

₹1.60 Cr

Lot Size

20 (per lot)

IPO Dates
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29 Oct 2025

Open Date

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31 Oct 2025

Close Date

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03 Oct 2025

Allotment Date

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06 Nov 2025

Listing Date

Orkla India Ltd. is launching a book-built IPO worth Rs 1,667.54 crore, comprising a complete offer for sale of 2.28 crore equity shares. The issue will open for public subscription on October 29, 2025, and close on October 31, 2025. The basis of allotment is expected to be finalised on November 3, 2025, with a tentative listing date on the BSE and NSE set for November 6, 2025. The IPO price band is fixed between Rs 695 and Rs 730 per share. Investors can bid for a minimum of 20 shares per lot, requiring a minimum investment of Rs 14,600 at the upper price band. For small non-institutional investors (sNII), the minimum application size is 14 lots (280 shares) worth Rs 2,04,400, while for big non-institutional investors (bNII), it is 69 lots (1,380 shares) valued at Rs 10,07,400. ICICI Securities Ltd. will act as the book-running lead manager, and Kfin Technologies Ltd. will serve as the registrar for the issue.

Know Before Investing

Strengths icon

  • Category leader in packaged spices with strong brands, local taste expertise, and scalable distribution.
  • Multi-category food company with a strong innovation engine and a track record of trend-led product launches.
  • Extensive pan-India and global distribution with strong regional reach and growing digital, e-commerce, and export channels.
  • Flexible, automated manufacturing with strict quality controls and a tech-driven, cost-efficient supply chain.
  • Experienced leadership team backed by Orkla ASA’s global expertise, driving operational excellence, innovation, and a culture of inclusivity and growth.
  • Capital-efficient business with consistent revenue growth – revenue from operations rose from ₹21,724.8 million in FY23 to ₹23,947.1 million in FY25.

Weaknesses icon

  • Raw and packaging materials formed 56.8% of FY25 expenses; price swings may affect profitability.
  • Product contamination or poor storage could trigger regulatory action and reputational damage.
  • Dependence on key suppliers may cause supply disruptions or price volatility, hurting operations.
  • Failure to scale distribution or adapt to channel shifts could reduce sales and profitability.
  • Labour shortages, strikes, or higher wages may disrupt operations and impact financials.
  • Payment delays or defaults from distributors or retailers could strain cash flows.
  • Exports formed 20.6% of FY25 sales; global regulatory or operational issues may affect growth.

About Orkla India Limited

We are a multi-category Indian food company with a legacy spanning several decades, offering a diverse rangeof products that cater to every meal occasion, from breakfast and lunch to dinner, snacks and beverages anddesserts. According to the Technopak Report, in Fiscal 2024, we were one of the top four companies in terms ofrevenue from operations among select leading spices and convenience food peers. Our products, under our brandsMTR and Eastern, are crafted with authenticity and tradition, and are deeply rooted in the South Indian culinaryheritage. The key product categories we offer are Spices (comprising blended and pure spices), and ConvenienceFoods (comprising ready-to-cook (“RTC”), ready-to-eat (“RTE”) foods and Vermicelli, among others).

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 117.63
Non-Institutional Buyers 54.42
Retail Investors 7.05
Total 179.1
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