The initial public offering (IPO) of Orkla India garnered significant interest from investors. As of 5 p.m. on 30 October 2025, the IPO received bids for 4.32 crore shares, while only 1.59 crore shares were available, resulting in a subscription rate of 2.7 times, as reported by stock exchange data. The IPO was open from 29 October 2025 to 31 October 2025, with a price band set between ₹695 to ₹730 per share, and a minimum lot size of 20 shares, to be purchased in multiples of 20. This IPO constitutes an offer for sale (OFS) of 2.28 crore shares, valued at approximately ₹1,667 crore. The shares are being offered by Orkla Asia Pacific, Navas Meeran, and Feroz Meeran.
The promoters of the company include Orkla ASA, Orkla Asia Holding AS, and Orkla Asia Pacific, who currently hold 90% of the company, which will decrease to about 75% post-IPO. Established in 1996, Orkla India produces a diverse range of food products, including spices, ready mixes, snacks, beverages, and desserts. It is part of Orkla ASA, a Norway-based group with over 370 years of business heritage. For the first quarter of FY2026, spices accounted for 66.3% of total sales, while ready-to-cook (RTC) and ready-to-eat (RTE) foods made up 33.7%. Some of its well-known products include Gulab Jamun Mix, Rava Idli Mix, 3-Minute Poha, and Dosa Mix.
Prior to the IPO launch on 28 October 2025, Orkla India secured ₹499 crore from 30 anchor investors who purchased 68.43 lakh shares at ₹730 each. For the quarter ending 30 June 2025, Orkla India reported a net profit of ₹78.92 crore and revenue of ₹597 crore.