Shares of Orkla India debuted at ₹750 per share on Thursday, ~2.74% above the ₹730 issue price. The ₹1,667.54 crore IPO was a pure offer for sale (2.28 crore shares) by Orkla Asia Pacific Pte Ltd and investors Feroz Meeran and Navas Meeran, so the company will not receive proceeds.
The issue, priced in a ₹695–₹730 band, drew strong demand with an overall 48.73x subscription. QIBs bid 117.63x, NIIs 54.42x, and retail 7.05x. The basis of allotment was finalized on Monday, November 3, and the stock listed on November 6 at 10:00 am on both NSE and BSE.
How to check allotment status (online)
On KFin Technologies: visit the registrar’s IPO status page, choose “Orkla India Ltd”, and authenticate via PAN, Application No., or DP/Client ID, then submit.
On NSE: open the “Equity & SME IPO bid details” page, select “ORKLAINDIA”, enter PAN and Application No., and submit.
On BSE: go to “Application Status”, select Equity → Orkla India Limited, enter PAN or Application No., verify, and search.
About the company: Formerly MTR Foods, Orkla India manufactures spices, ready-to-eat foods, breakfast mixes and sweets under brands including MTR, Rasoi Magic, and Eastern.
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