Orkla India made a steady market debut on Thursday, with its shares listing at a modest premium over the issue price of ₹730 per share. It reflected a measured but stable listing.
On the , the stock opened at ₹750.10, reflecting a 2.75 per cent gain. It debuted slightly higher on the BSE at ₹751.50, marking a 2.94 per cent premium.
Post-listing, the stock moderated between ₹715 and ₹760.
Listing ceremony of Orkla India Limited will be starting soon at our exchange . Watch the ceremony live!
— NSE India (@NSEIndia)
The ₹1,667-crore initial public offering (IPO) of Orkla India was entirely an offer for sale (OFS) of 2.28 crore equity shares by the promoter and other shareholders, with no fresh issue component.
The selling shareholders and promoters were Orkla Asia Pacific Pte, Navas Meeran and Feroz Meeran.
It had a price band of ₹695 and ₹730 per share, and attracted an
Ahead of the IPO, the company raised ₹500 crore from anchor investors, including several domestic mutual funds and global institutional players, signaling confidence in Orkla India’s long-term growth prospects.
Orkla India, formerly known as MTR Foods, is a multi-category food company anchored in strong regional brands such as MTR, Eastern and Rasoi Magic.