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Orkla India IPO Allotment Set for Today After 48.73x Subscription

Strong institutional demand and a fully offer‑for‑sale structure shape expectations for the debut.

Overview

  • The company plans to finalise share allocation on November 3, with refunds and demat credits due November 4 and listing slated for November 6 on the BSE and NSE.
  • The issue drew bids 48.73 times the shares on offer, with QIBs at 117.63x, NIIs at 54.42x, retail at 7.05x, and employees at 15.13x, according to BSE data.
  • The Rs 1,667.54 crore offering was a 100% offer‑for‑sale of about 2.28 crore shares in a price band of Rs 695–730 per share, raising no fresh capital for the company.
  • Unofficial grey‑market indications hovered around Rs 95–100 per share, implying an estimated 13–14% listing premium, though such readings are speculative.
  • Applicants can verify allotment status on the BSE or NSE websites or via registrar KFin Technologies using PAN, application number, or demat details.