The Orkla India IPO minimum market lot is 20 shares with ₹14,600 application amount. The Orkla India IPO is a Mainboard IPO, and it is to be listed on BSE & NSE.
Incorporated in 1924, Orkla India was initially known as MTR Foods is one of the leading multi-category Indian food companies, involved in offering a diverse range of products that can be used in every meal, from breakfast, lunch, dinner, snacks, beverages, and dessert. The company’s portfolio includes a wide range of products such as Sambar Masala, Chicken Masala, Puliogare Masala, Rasam Masala, and Meat Masala, in blended spices, Chilli, Kashmiri Chilli, Turmeric, Coriander, Cumin, and over 400 products across various categories. The company sells its products under the brands MTR and Eastern. They also offer Convenience Food Products such as Gulab Jamun Mix, Rava Idli Mix, 3-Minute Poha, and Dosa Mix that will allow simple and tasty cooking preparation in no time. As of now, the company comprises 843 distributors and 1800 sub-distributors spanning 28 states and 5 union territories.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Orkla India IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.02 | 0.06 | 117.63 |
| NII | 1.53 | 7.59 | 54.42 |
| bNII | 1.40 | 8.23 | 65.41 |
| sNII | 1.77 | 6.31 | 32.44 |
| RII | 0.90 | 2.12 | 7.06 |
| EMP | 3.28 | 6.20 | 15.12 |
| Total | 0.79 | 2.71 | 48.74 |
Orkla India IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Orkla India IPO Review
- May Apply for long term
Orkla India IPO Form
How to apply for the Orkla India IPO? You can apply for Orkla India IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Orkla India IPO in the Invest section. The other option is you can apply for Orkla India IPO via IPO forms downloaded online. Check out the orkla-india forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
