IPO ChampIPO Insights
IPO Champ LogoIPO Champ Logo

IPOs

IPO Calendar
GMP Tracker
Subscription Status
Allotment Status
Stock Broker
  • Follow us on Instagram
  • Follow us on Facebook
  • Follow us on Threads
  • Follow us on YouTube
  • Follow us on Telegram
  • Follow us on WhatsApp
HomeIPOOrkla India

About Orkla India

Orkla India Limited is a food company based in India, providing a wide variety of food items, from breakfast to lunch and evening meals, snacks, drinks, and sweets.It boasts a portfolio of iconic Indian heritage brands - MTR Foods, Eastern Condiments, and Rasoi MagicMTR Foods – Instant food mixes, ready-to-eat foods, masalas, breakfast food mixes, snacks & drinks like Spices, RTC foods, RTE foods, vermicelli, etc.Eastern Condiments – Spices and convenience foodsThe company caters to customers nationwide with signifcant representation in core markets; Karnataka, Kerala, Andhra Pradesh and Telangana. Additionally, it also exports products to approximately 42 nations including GCC countries, US, and Canada.It has more than 400 products in categories as of March 31, 2024. In fiscal year 2025, the company has averaged a sale of 2.3 million units per day.It produces products through manufacturing facilities in India and contract manufacturing facilities in India and in the UAE, Thailand and Malaysia. The company has 9 Indian manufacturing facilities as on March 31, 2025 with a total installed capacity of 182,270 TPA.The company has a comprehensive network distribution with 843 distributors and 1,800 sub-distributors covering 28 states and five union territories.

Checklist Quality Analysis

Revenue Growth

Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
See All Live IPOs
IPO Champ LogoIPO Champ Logo

IPO Champ helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

Tools

IPO CalendarGMP TrackerSubscription StatusAllotment Status

IPOs

All IPOsLive IPOsUpcoming IPOsClosed IPOsListed IPOs

Resources

NewseBooks

Company

HomeAbout UsPrivacy PolicyTerms of Service

About IPO Champ

IPO Champ is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
help@ipochamp.com.

Please read all offer documents and risk disclosures carefully before investing. IPO Champ does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Champ. All rights reserved.

Want to stay updated?Subscribe to our newsletter

Orkla India

Orkla India

Open Date

29 Oct 2025

Close Date

31 Oct 2025

listed

Min Investment

₹14600

Lot Size

20 Shares

Issue Size

₹1667.54 Cr

Price Range

₹695 - ₹730

Listing Date

Nov 6, 2025

IPO Doc

RHP PDF

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹67(+9.18%)GMP
9.18%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Orkla India IPO - Issue Objectives

The IPO is a complete offer-for-sale (OFS). Net IPO proceeds will go to selling shareholders. The company want to achieve the benefits of listing its shares on the stock exchanges.

1

Carry out the offer for sale

The IPO is a complete offer-for-sale (OFS). Net IPO proceeds will go to selling shareholders.

2

Listing on stock exchanges

The company want to achieve the benefits of listing its shares on the stock exchanges.

IPO Subscription Status

QIB
117.63x
NII
54.42x
Individual
7.05x
Total
48.73x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Orkla India

In Cr.

Key Performance Indicator30-Jun-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue605.382455.242387.992201.44
EBITDA111.75396.44343.61312.44
Expenses
Profit After Tax78.92255.69226.33339.13
Assets3158.203171.303375.193101.96
Net Worth1931.121853.472201.482237.69
Reserves2523.562445.802793.352227.28
Borrowing2.333.7734.99

Orkla India - Promoter(s)

Orkla Asa

Orkla Asia Holdings As

Orkla Asia Pacific Pte Ltd

Pre Issue Share Holding

90.0%

Post Issue Share Holding

75.0%

About Strength & Risks

Why this IPO looks interesting

Key positives investors may want to consider before applying.

01

Category market leader

The company holds strong leadership positions in core South Indian markets. It commands a 31.2% share in Karnataka, 41.8% in Kerala, and 15.2% in Andhra Pradesh & Telangana in the packaged spices market in FY24. The portfolio is differentiated, with MTR focused on vegetarian taste profiles and Eastern catering to predominantly non-vegetarian cuisines. Further, Eastern has maintained its position as India’s largest exporter of branded spices for 24 consecutive years.

02

Multi-category food company

Its innovation engine is powered by 2 cuisine centres of excellence, 7 chefs, and a 4,000+ recipe library, enabling consistent new launches with 15 spice products and 27 convenience products added since FY23. It has also ventured into new cuisine spaces such as pan-asian cuisine, with a range of blended spices and cooking pastes under its new brand “Wok N Roll”, launched in January 2025.

03

Extensive distribution network

The company has built a strong omni-channel presence, supported by 834 distributors, 1,888 sub-distributors across 28 states & 6 UTs, and strong positions in e-commerce and quick commerce. Retail touchpoints have expanded to 686,729 outlets in FY25, with MTR and Eastern reaching 9 out of 10 households in Karnataka and Kerala through at least one of its products. Further, it has been exported to 45 countries as of June 30, 2025.

What investors should watch closely

Risk factors and possible pressure points around the offer.

01

Exposure to raw material price volatility

Raw materials and packaging costs account for a major portion of Orkla India’s total expenses, with 56.8% in FY25 and 53% in Q1FY26. Any fluctuations in commodity prices like chilli, coriander, wheat, turmeric, and cumin, which are influenced by crop yields, inflation, transport, etc, can adversely impact the business.

02

Product quality and contamination risk

Due to the nature of food processing, the company faces risks of contamination, mislabelling, or spoilage during manufacturing, storage, or transport. Despite no reported recalls in recent years, the company has received FSSAI notices for alleged labelling and pesticide residue issues. Any real or alleged quality lapse could affect the company’s reputation and sales.

Contact Details

Orkla India

No.1, 2nd and 3rd Floor, 100 Feet Inner Ring Road, Ejipura, Ashwini Layout, Vivek Nagar, Bengaluru, Karnataka, 560047

+9180408121
investors@orklaindia.com
http://www.orklaindia.com/

Registrar Contact Details

Kfin Technologies Ltd

04067162222
orklaindia.ipo@kfintech.com
https://ipostatus.kfintech.com/

Orkla India IPO - FAQs

Orkla India IPO is a Mainboard IPO. The issue is priced at ₹695-730 per equity share. The minimum order quantity is 20 Shares. The IPO opens on 29 Oct, and closes on 31 Oct. Kfin Technologies Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

IPO Timeline

  • Pre Apply2025-10-27
  • Bidding Starts2025-10-29
  • Bidding Ends2025-10-31
  • Allotment Finalisation2025-11-03
  • Release of Funds2025-11-04
  • Demat Transfer2025-11-04
  • Listing2025-11-06
04

Efficient manufacturing with strong supply chain

The company operates nine manufacturing units in India with a total installed capacity of 182,270 TPA, including modern, automated and IoT-enabled facilities that support multi-product flexibility and recipe protection. Its supply chain strength is enhanced by 2 central distribution centres and 20 regional/local warehouses spanning 348,640 sq. ft., strategically located near sourcing regions and demand hubs to enable timely distribution and cost efficiency.

03

Under-utilisation of manufacturing facilities

The company operates nine manufacturing facilities with an average capacity utilisation of only 45.9% in FY25 and 46.0% in Q1FY26, indicating significant under-utilisation. Several plants like Bommasandra (5.6% as of June 2025) and Kothamangalam (6.3% in FY25) are operating below 10% capacity due to the building of the confectionery category or recent commissioning. The continued under-utilisation of manufacturing capacities could adversely impact the business.

04

Dependency on limited suppliers

The company depends heavily on a limited supplier base, with its top 10 suppliers contributing 37.9% of purchases in Q1FY26. Certain key ingredients, such as tamarind concentrate and asafoetida, are sourced from single suppliers. The absence of long-term price contracts increases exposure to raw material cost volatility and supply disruptions.

05

Regulatory proceedings

Orkla India is currently involved in 124 regulatory proceedings under the Food Safety and Standards Act, 2006, alleging non-conformity of the provisions under the FSS Act, for issues such as misbranding, substandard products, and excessive residue levels. Any unfavourable verdicts may lead to penalties, product restrictions, or reputational harm.