Orkla India share price, shares open 3% above ₹730-IPO price

The ₹1,667-crore initial public offering (IPO) of Orkla India was entirely an offer for sale (OFS) of 2.28 crore equity shares by the promoter and other shareholders, with no fresh issue component.
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Orkla India made a steady market debut on Thursday, with its shares listing at a modest premium over the issue price of ₹730 per share. It reflected a measured but stable listing.

On the National Stock Exchange (NSE), the stock opened at ₹750.10, reflecting a 2.75 per cent gain. It debuted slightly higher on the BSE at ₹751.50, marking a 2.94 per cent premium.

Post-listing, the stock moderated between ₹715 and ₹760.

According to Shivani Nyati, Head of Wealth at Swastika Investmart, investors who received allotment may consider booking partial profits after the decent debut, while holding the remaining allocation for the medium-to-long term as the company benefits from increasing consumer preference toward branded packaged foods.

A stop-loss may be placed at ₹650, Nyati added.

The ₹1,667-crore initial public offering (IPO) of Orkla India was entirely an offer for sale (OFS) of 2.28 crore equity shares by the promoter and other shareholders, with no fresh issue component.

The selling shareholders and promoters were Orkla Asia Pacific Pte, Navas Meeran and Feroz Meeran.

It had a price band of ₹695 and ₹730 per share, and attracted an overall subscription of 48.73 times on the final day of bidding.

Nyati said that the strong subscription reflected confidence in the consumer-staples story and the company’s established market leadership.

Ahead of the IPO, the company raised ₹500 crore from anchor investors, including several domestic mutual funds and global institutional players, signaling confidence in Orkla India’s long-term growth prospects.

Orkla India, formerly known as MTR Foods, is a multi-category food company anchored in strong regional brands such as MTR, Eastern and Rasoi Magic.’

Financials show steady revenue growth and improving profitability, supported by operational efficiencies, brand strength, and expanding distribution through modern retail, e-commerce, and HoReCa channels, Nyati added.

Published on November 6, 2025