Quick summary
- Orkla India set a price band of ₹ 695–₹ 730 per share for its IPO.
- The issue size is approx. ₹ 1,667 crore via Offer for Sale (OFS).
- Subscription was very strong: overall ~48.7× times.
- Grey Market Premium (GMP) indicates listing expectation of around +9% to +12% above the issue price.
- Allotment likely finalised on 3 Nov 2025, listing scheduled around 6 Nov 2025.
Subscription details
Here’s how the IPO fared across segments:
| Investor segment | Subscription multiple |
|---|---|
| Qualified Institutional Buyers (QIBs) | ~117.6× |
| Non-Institutional Investors (NII) | ~54.4× |
| Retail Individual Investors (RII) | ~7.06× |
| Overall | ~48.74× |
These numbers underline strong demand across categories, especially institutions.
Grey Market Premium (GMP) snapshot
- Before listing, GMP was quoted around ₹ 70 to ₹ 72 above issue price → implies ~9-10% listing gain.
- Some earlier quotes put GMP even higher (~₹ 108, ~₹ 114) suggesting ~15% gain expectation.
- GMP numbers are indicative only (grey market is unregulated) and should be used with caution.
How to check your allotment status
If you applied for the IPO, here are the steps to check whether you’ve been allotted shares:
- Identify the Registrar handling the IPO – for Orkla India, it is KFin Technologies.
- Visit the Registrar’s website and go to the “IPO Allotment Status” page.
- Select “Orkla India Ltd” (if listed in drop-down).
- Enter required details: your PAN number and Application number / Demat ID as prompted.
- Submit – you’ll see whether you’ve been allotted shares, how many, and refund status.
Timeline to keep in mind:
- Allotment finalised: ~3 Nov 2025
- Refunds initiated: likely ~4 Nov 2025
- Shares credited to Demat: ~4 Nov 2025
- Listing date: ~6 Nov 2025
What happens after allotment
- If allotted: Shares will be credited to your Demat account and you’ll receive a confirmation from your broker.
- If not allotted: Your application money will be refunded, typically within a few business days after allotment.
- On listing day: The shares will begin trading on the exchanges (National Stock Exchange of India & BSE Ltd).
- Keep in mind: Just because subscription was strong and GMP positive does not guarantee meaningful listing gains—market conditions at listing matter.
Things to remember / caution points
- The IPO is a 100% OFS: That means the funds raised don’t go into the company’s business expansion; they go to selling shareholders.
- GMP is not regulated, so it’s only indicative of sentiment—not a guarantee.
- Past subscription strength is helpful but does not guarantee future performance of the stock.
- Always check your application details carefully (PAN, Demat, broker). Any mistake can impact allotment/refund.
Key take-aways
- Orkla India IPO saw very strong demand across investor categories.
- GMP suggests positive listing expectations (~+9-12%), but treat with caution.
- You should check allotment status via the Registrar soon (after ~3 Nov).
- After allotment, track share credit and listing day performance.
FAQ
Q: When will the allotment status be available?
A: Likely on or shortly after 3 Nov 2025.
Q: Where can I check allotment status?
A: On the Registrar’s website (KFin Technologies) via “IPO Allotment Status” section.
Q: What if I’m not allotted any shares?
A: Your application money will be refunded, typically within a few business days.
Q: Does a positive GMP guarantee I’ll make money on listing?
A: No. GMP signals sentiment but listing outcome depends on market conditions at listing time.
Q: What’s the minimum investment for this IPO?
A: The lot size is 20 shares; at the upper band of ₹ 730, the minimum investment was ~₹ 14,600.
