Orkla India Limited is an Indian food company offering a diverse range across breakfast, lunch, dinner, snacks, beverages, and desserts, backed by iconic brands including MTR Foods, Eastern Condiments, and Rasoi Magic.
Orkla India Ltd. IPO
Mainboard book‑built issue (Offer for Sale + Employee)
UPCOMING IPOOrkla India Ltd. is launching a ₹1,667.54 crore mainboard IPO as a 100% offer for sale of 2,28,43,004 shares, opening on October 29, 2025 and closing on October 31, 2025, with allotment expected on November 3 and listing proposed on BSE and NSE on November 6, 2025. The price band is ₹695 to ₹730 per share; the minimum retail application is 1 lot of 20 shares for ₹14,600 at the cap price, and eligible employees receive a ₹69 per‑share discount.
| Face Value | ₹1 per share |
|---|---|
| Issue Price Band | ₹695 to ₹730 per share |
| Offer Structure | 100% Offer for Sale + Employee Reservation |
| Total Shares | 2,28,43,004 shares (aggregating up to ₹1,667.54 crore) |
| Employee Discount | ₹69 per share |
| Issue Type | Book‑building IPO |
| Listing | BSE, NSE |
| Shareholding (Pre / Post) | 13,69,89,230 / 13,69,89,230 shares (no change; OFS) |
| Lead Manager | ICICI Securities Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Investor Category | Reservation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII (HNI) | Not less than 15% of Net Offer |
| Retail (RII) | Not less than 35% of Net Offer |
Cut‑off bidding permitted for RII and employees; not permitted for NII categories as per SEBI ICDR norms.
| IPO Open | Wed, Oct 29, 2025 |
|---|---|
| IPO Close | Fri, Oct 31, 2025 |
| Allotment (Tentative) | Mon, Nov 3, 2025 |
| Refunds Initiation | Tue, Nov 4, 2025 |
| Credit to Demat | Tue, Nov 4, 2025 |
| Listing (Tentative) | Thu, Nov 6, 2025 |
| UPI Mandate Cut‑off | 5 PM on Fri, Oct 31, 2025 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 20 | ₹14,600 |
| Retail (Max) | 13 | 260 | ₹1,89,800 |
| S‑HNI (Min) | 14 | 280 | ₹2,04,400 |
| S‑HNI (Max) | 68 | 1,360 | ₹9,92,800 |
| B‑HNI (Min) | 69 | 1,380 | ₹10,07,400 |
Amounts computed at cap price ₹730 per share for standard lot multiples.
Orkla India Limited is an Indian food company offering a diverse range across breakfast, lunch, dinner, snacks, beverages, and desserts, backed by iconic brands including MTR Foods, Eastern Condiments, and Rasoi Magic.
MTR Foods specializes in instant mixes, ready-to-eat meals, masalas, breakfast mixes, spices, snacks, and beverages. Eastern Condiments focuses on spices and convenience foods. The company serves customers primarily in Karnataka, Kerala, Andhra Pradesh, and Telangana, and exports products to over 42 countries including GCC nations, US, and Canada.
As of June 30, 2025, Orkla India offers 400+ products, selling 2.3 million units daily, with manufacturing across nine Indian facilities (182,270 TPA capacity) plus contract facilities in India, UAE, Thailand, and Malaysia. Its distribution spans 834 distributors and 1,888 sub-distributors nationwide, across 28 states and 6 UTs.
- Market leader in household food brands with local consumer insight
- Multi-category innovation focused food company
- Strong distribution infrastructure with deep regional reach and exports
- Large-scale manufacturing and robust supply chain
- Experienced management team with strong global support
- Consistent track record of profitable growth
FY2023–FY2025 and Q1 FY2026 (₹ crore)
| Assets | Total Income | PAT | EBITDA | Net Worth | Reserves | Total Borrowings |
|---|---|---|---|---|---|---|
| 3,171.30 (FY25) | 2,455.24 | 255.69 | 396.44 | 1,853.47 | 2,445.80 | 3.77 |
| 3,375.19 (FY24) | 2,387.99 | 226.33 | 343.61 | 2,201.48 | 2,793.35 | 34.99 |
| 3,101.96 (FY23) | 2,201.44 | 339.13 | 312.44 | 2,237.69 | 2,227.28 | — |
| 3,158.20 (Q1 FY26) | 605.38 | 78.92 | 111.75 | 1,931.12 | 2,523.56 | 2.33 |
Figures reflect Q1 FY26 and restated FY23–FY25 for rapid reference in the saved format.
| Promoters | Orkla Asa; Orkla Asia Holdings As; Orkla Asia Pacific Pte Ltd |
|---|---|
| Promoter Holding (Pre) | 90.01% |
| Promoter Holding (Post) | 75% |
Post‑issue shareholding reflects equity dilution as per OFS structure and RHP.