Orkla India IPO Details

Orkla India Limited (formerly MTR Foods Pvt Ltd) is launching an Offer for Sale (OFS) of up to 22,843,004 equity shares of face value Rs. 1 each, with no fresh issue component in the offer.

The offer is made under Regulation 6(1) of the SEBI ICDR Regulations, 2018, indicating that the company fulfills the eligibility criteria for listing based on profitability or net worth.

The promoter selling shareholder is Orkla Asia Pacific Pte. Ltd., offering up to 20,560,768 shares, while two non-promoter shareholders, Navas Meeran and Feroz Meeran, are each offering up to 1,141,118 shares.

The weighted average cost of acquisition for the promoter shares is Rs. 111.0, while for the other selling shareholders it is Rs. 458.7 per share.

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Orkla India IPO Strengths

  • Orkla India is backed by Orkla ASA, a leading Nordic consumer goods company, providing strategic and financial support with global best practices.
  • With a heritage Indian food brand like MTR, the company enjoys significant consumer trust and recall, particularly in South India.
  • The company has built a robust distribution network across India, with presence in both modern trade and general trade channels.
  • Orkla India offers a wide range of ready-to-eat, ready-to-cook, spices, masalas, and packaged foods, catering to changing consumer preferences.

Orkla India IPO Weaknesses

  • Since the IPO consists solely of OFS, the company will not receive any proceeds for business expansion or debt reduction.
  • Some shareholders like Navas Meeran and Feroz Meeran have shares acquired at Rs. 458.7, which may raise valuation concerns if the IPO is priced significantly higher.
  • Orkla competes with major domestic and international food brands, such as ITC, HUL, and Nestlé, making market share gains challenging.
  • A significant portion of the brand's strength and market is concentrated in South India, posing regional dependency risks.
  • As this is the company’s first public issue, there is no track record of stock performance, and post-listing valuation stability is uncertain.

Orkla India Revenue & Profit

Revenue
Profit
Loss
All value in ₹ Trillions

0.022

0.023

0.024

10

8

6

4

2

0

2023
2024
2025

Orkla India IPO Dates

Open DateTo be announced
Close DateTo be announced
Allotment Date To be announced
Initiation of RefundsTo be announced
Credit of Shares to Demat AccountTo be announced
Listing DateTo be announced

Orkla India IPO Lot Size

Minimum Lot SizeTo be announced
Maximum Lot SizeTo be announced

Seize the Opportunity! Apply for Orkla India IPO

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Orkla India IPO Subscription Breakup

QIBsTo be announced
Non Institutional InvestorsTo be announced
Retail InvestorsTo be announced

How to Apply for Orkla India IPO?

Step 1

First, you need to visit the IPO section on our website.

Step 2

Then, click on the 'IPO Listing' option to view the IPO.

Step 3

Open the Orkla India IPO by tapping on it.

Step 4

You will see an option to subscribe that you need to click on.

Step 5

Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.

Step 6

Next, verify your details and select the 'Subscribe' option to complete the bidding.

You have completed your bidding for the Orkla India IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.

Orkla India IPO FAQs

Typically, IPO subscriptions close at 5:00 PM IST on the final day, but for UPI-based retail investors, the cut-off time is generally 4:00 PM IST to ensure payment authorization is completed on time. Investors are advised to check the latest schedule and deadlines with their brokers or official sources before applying.

It is possible to check the Orkla India IPO allotment status on the portal of your broker or registrar. Information regarding the allotment status is also conveyed via email and SMS from issuing and holding authorities, such as the BSE, NSE, CDSL, and NSDL.

Yet to be Announced

Yet to be Announced

Yes, it is possible to revise or cancel an IPO application if you do it within the IPO subscription closing date.

The time of applying for any IPO is usually between Monday to Friday each week, which are the normal business days for the market. Still, it is recommended to contact your registrar for any further information.
Orkla India IPO - Listing Date, Price, Lot Size, Analysis & Details