Incorporated in 1996, Orkla India Limited is an Indian food company, offering a diverse range of food products, from breakfast to lunch and dinner, snacks, beverages, and desserts.
It has a collection of iconic Indian heritage brands - MTR Foods, Eastern Condiments, and Rasoi Magic
- MTR Foods – Instant mixes, ready-to-eat meals, masalas, breakfast mixes, snacks & beverages such as Spices, RTC foods, RTE foods, vermicelli, etc.
- Eastern Condiments – Spices and convenience foods
The company serves customers across the country with signifcant presence in core markets; Karnataka, Kerala, Andhra Pradesh and Telangana. Further, it also exports products to about 42 countries such as GCC countries, US, and Canada
As of June 30, 2025, it has over 400 products across categories. In fiscal 2025, the company has sold 2.3 million units on average every day.
It manufactures goods across manufacturing facilities in India as well as contract manufacturing facilities in India and in the UAE, Thailand and Malaysia. As of March 31, 2025, the company owns 9 manufacturing facilities in India, with a total installed capacity of 182,270 TPA.
The company has a strong network distribution with 834 distributors and 1,888 sub-distributors across 28 states and 6 union territories.
Competitive Strengths
- Category market leader with ability to build and scale household food brands through an in-depth understanding of local consumer tastes
- Multi-category food company with a focus on product innovation
- Extensive distribution infrastructure with deep regional network and wide global reach
- Large-scale manufacturing with stringent quality control and a robust supply chain
- Experienced management team supported by strong global parentage
- Strong business model with a track record of delivering profitable growth
| Purpose | Amount (₹ Cr) |
|---|---|
| Fees and commissions payable to the Book Running Lead Managers (including any underwriting commission, brokerage and selling commission) | — |
| Advertising and marketing expenses for the Offer | — |
| Fees payable to the Registrar to the Offer | — |
| Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Offer. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | — |
| Printing and distribution of Offer stationery | — |
| Other expenses including, listing fees, SEBI filing fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | — |
| Fees payable to other intermediaries to the Offer, including but not limited to Statutory Auditor, independent chartered accountant, practicing company secretary and industry data provider | — |
| Fee payable to legal counsels | — |
| Miscellaneous | — |
| Metric | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Assets | 3,158 | 3,171 | 3,375 |
| Revenue | 605 | 2,455 | 2,388 |
| PAT | 79 | 256 | 226 |
| EBITDA | 112 | 396 | 344 |
| Net Worth | 1,931 | 1,853 | 2,201 |
| Reserves | 2,524 | 2,446 | 2,793 |
| Total Borrowing | 2 | — | 4 |
| Category | Sub (x) | Offered | Bid For |
|---|---|---|---|
| QIB | — | 11,406,502 (50%) | — |
| NII / HNI | — | 3,421,951 (15%) | — |
| Retail (RII) | — | 7,984,551 (35%) | — |
| Employee | — | 30,000 (0%) | — |
| Total | — | 22,843,004 (100%) | — |
* Amount calculated at upper price band (₹730) · ** Total includes all investor categories
- 1 Initiation of Refund 04 Nov 2025
- 2 Credit of Shares to Demat 04 Nov 2025
- 3 Lock-in Period (30%) December 3, 2025
- 4 Lock-in Period (50%) February 1, 2026
- Retail allocation is good at 35% of the total offering.
- HNI/NII demand is good at 15%.
- Institutional (QIB) interest is strong at 50%.
- The IPO P/E of 32x reflects a moderate valuation relative to typical market ranges.
- Pre-issue EPS of ₹19 compares to post-issue EPS of ₹23 after dilution.
This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.
The information on mainboardgmp.com is provided for educational and informational purposes only.
We are not a Securities and Exchange Board of India (SEBI)-registered investment advisor, analyst, broker, or financial planner. The content, data, and insights on this website, including Grey Market Premium (GMP), subscription data, IPO dates, and market information, are not intended as financial advice or recommendations to buy, sell, or hold securities.
GMP and related IPO data are collected from unofficial market sources and may not reflect actual IPO listing performance or future price movements. You should not rely solely on the information provided here to make financial or investment decisions.
Investing in IPOs and securities involves risk. Always conduct your own research and consult a qualified SEBI-registered financial advisor before making investment decisions. mainboardgmp.com and its owners shall not be liable for any financial losses, trading losses, or damages arising from use of this website.
By accessing and using mainboardgmp.com, you agree to be bound by these Terms & Conditions. If you do not agree with any part of these terms, you should not use this website.
mainboardgmp.com provides information related to IPOs, including Grey Market Premium (GMP), subscription status, IPO dates, company details, and market trends. All content is for informational purposes only.
Nothing on this website constitutes financial, investment, tax, or legal advice. The content does not constitute a recommendation to invest in any securities, and no assurance is made regarding the accuracy, completeness, or reliability of any information. You should independently verify all information and consult qualified professionals before making investment decisions.
We strive to provide accurate and up-to-date information, but we do not guarantee that all content is correct, complete, or current at all times. IPO details and GMP data are subject to change without notice.
All content, design, graphics, and data on this website belong to mainboardgmp.com and may not be copied, reproduced, or redistributed without express written permission.
You agree not to use the website for unlawful purposes or in a way that may harm, disable, or impair the site's operation.
To the maximum extent permitted by law, mainboardgmp.com and its affiliates shall not be liable for any losses, damages, costs, or expenses arising out of your use of this website.
These Terms shall be governed by the laws of India. Any disputes will be subject to the exclusive jurisdiction of courts located in Kolkata, West Bengal.
We reserve the right to modify these Terms at any time. Continued use of the site constitutes acceptance of the updated Terms.
We may collect: email address (if submitted voluntarily), IP address, browser and device information, cookies and usage data. We do not collect sensitive personal information unless voluntarily provided.
Collected data may be used to improve website performance, respond to inquiries, send newsletters or updates (if you subscribe), and analyze traffic through analytics tools.
We use cookies and similar technologies to enhance user experience and track website usage. Users can disable cookies through browser settings.
We may use third-party services (e.g., Google Analytics) that collect demographic and usage data to help us understand traffic and improve services.
We do not sell personal information. We may share data with service providers (e.g., analytics providers) who assist with website operations.
Reasonable measures are taken to protect user data, but no online transmission can be guaranteed 100% secure.
This website is not directed at children under the age of 18.
We may update this Privacy Policy at any time. Continued use of the website constitutes acceptance of changes.
For privacy concerns, please contact us via the Support page.