Mumbai, Nov. 3 -- The initial public offer of Orkla India received bids for 77,96,62,340 shares as against 1,59,99,104 shares on offer. The issue was subscribed 48.73 times.

The Qualified Institutional Buyers (QIB) category was subscribed 117.63 times, the Non-Institutional Investors category was subscribed 54.42 times and the Retail Individual Investors category was subscribed 7.05 times.

The issue opened for bidding on 29 October 2025 and it closed on 31 October 2025. The price band of the IPO is fixed between Rs 695 and 730 per share.

The IPO comprised an offer for sale of 2,28,43,004 equity shares, aggregating up to Rs 1667.54 crore, by existing shareholders Orkla Asia Pacific, Navas Meeran, and Feroz Meeran.

The promoters of the ...