Orkla India (MTR Foods) IPO Details
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Orkla India (MTR Foods) IPO opens for subscription on 29 Oct 2025 and closes on 31 Oct 2025. The IPO will be listed on NSE, BSE with the tentative listing date set for 06 Nov 2025.
Orkla India (MTR Foods) IPO price band has been fixed at ₹695 – ₹730 per share.The face value is ₹1 per share with a lot size of 20.
Orkla India (MTR Foods) IPO total issue size comprises 2,28,43,004 shares (aggregating up to ₹1667.54 Cr.). Offer for Sale consists of 2,28,43,004 shares (aggregating up to ₹1667.54 Cr.). Pre-issue shareholding stands at 13,69,89,230, which will increase to 13,69,89,230 post-issue.
Orkla India (MTR Foods) IPO carries a ₹66 (9.0%) GMP, reflecting investor sentiment.
Orkla India (MTR Foods) IPO Lot Size : Retain Minimum is 1 lot (20 shares) amounting to ₹14,600. Retain Maximum is 13 lots (260 shares) amounting to ₹189,800. SHNI Minimum is 14 lots (280 shares) amounting to ₹204,400. SHNI Maximum is 68 lots (1,360 shares) amounting to ₹992,800. BHNI Minimum is 69 lots (1,380 shares) amounting to ₹1,007,400.
The Lead Managers for Orkla India (MTR Foods) IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Kotak Mahindra Capital Company Limited, JP Morgan India Pvt.Ltd., ICICI Securities Limited, Citigroup Global Markets India Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Orkla India Limited RHP.
Orkla India (MTR Foods) IPO Details
Orkla India (MTR Foods) IPO Subscription
Orkla India (MTR Foods) IPO Application Wise Breakup (Approx)
Orkla India (MTR Foods) IPO Dates
- 29 Oct 2025Opening dateOPD
- 31 Oct 2025Closing dateCOD
- 03 Nov 2025Allotment Date BOA
- 04 Nov 2025Initiation of RefundsIOR
- 04 Nov 2025Credit of SharesCOS
- 06 Nov 2025Listing dateLID
Orkla India (MTR Foods) IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 20 | ₹14,600 |
| Retain Maximum | 13 | 260 | ₹189,800 |
| SHNI Minimum | 14 | 280 | ₹204,400 |
| SHNI Maximum | 68 | 1360 | ₹992,800 |
| BHNI Minimum | 69 | 1380 | ₹1,007,400 |
Orkla India (MTR Foods) IPO Reservation
Promoter Holding
Orkla India (MTR Foods) IPO Valuations
Orkla India (MTR Foods) Financial Information
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 3,158.20 | 3,171.30 | 3,375.19 | 3,101.96 |
| Total Income | 605.38 | 2,455.24 | 2,387.99 | 2,201.44 |
| Profit After Tax | 78.92 | 255.69 | 226.33 | 339.13 |
| EBITDA | 111.75 | 396.44 | 343.61 | 312.44 |
| NET Worth | 1,931.12 | 1,853.47 | 2,201.48 | 2,237.69 |
| Reserves and Surplus | 2,523.56 | 2,445.80 | 2,793.35 | 2,227.28 |
| Total Borrowing | 2.33 | 3.77 | 34.99 | |
| Amount in ₹ Crore | ||||
About Orkla India (MTR Foods) IPO
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.
Strength Of Orkla India (MTR Foods) IPO
- Category market leader with the 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.
- Efficient, large-scale manufacturing with stringent quality control and a robust supply chain.
- Experienced and tenured management team supported by strong global parentage.
- Capital efficient business model with a track record of delivering profitable growth.
Risk Of Orkla India (MTR Foods) IPO
- Our operations are subject to volatility in the pricing of raw materials and packaging materials. Our inability to procure the raw materials and packaging material, at competitive prices, may adversely affect our business, financial condition, cash flows and results of operations.
- The improper processing or storage of our products or raw materials, or spoilage of and damage to such products or raw materials, or any real or perceived contamination in our products or raw materials, could subject us to regulatory action, damage our reputation and have an adverse effect on our business, financial condition, cash flows and results of operations.
- Any slowdown or interruption to our manufacturing operations or under-utilisation of our existing or future manufacturing facilities may have an adverse impact on our business and financial performance.
- We are dependent on our suppliers (our top ten suppliers contributed to 37.9% in the three months ended June 30, 2025 and 33.7% of total purchases in Fiscal 2025) for raw materials. Any loss of suppliers or interruptions in the timely delivery of supplies could have an adverse impact on our business, financial condition, cash flows and results of operations.
- We are party to certain statutory and regulatory actions under Food Safety and Standards Act, 2006 and any adverse outcome in such matters may adversely impact our business and operations.
- A third-party owned and operated restaurant chain has the right to use the trade name "MTR" for its business operations and any negative publicity or quality issues associated with the restaurant chain may adversely affect our business, financial condition, cash flows and results of operations.
- Our inability to expand or effectively manage our growing base of distributors or retailers may have an adverse effect on our business, financial condition, cash flows and results of operations.
- The examination report on our Restated Consolidated Financial information makes reference to certain modifications included in the audit reports on our consolidated financial statements and in the annexure to the reports prescribed under the Companies (Auditor's Report) Order, 2020 as of and for the three months ended June 30, 2025 and Fiscals 2025, 2024 and 2023.
- We have in the past entered into related party transactions and will continue to do so in the future and there is no assurance that we could not have achieved more favourable terms if such transactions had not been entered into with related parties.
- We derive a portion of our revenue from sale of products to customers outside India (20.4% and 20.6% in the three months ended June 30, 2025 and in Fiscal 2025). Our inability to effectively manage our exports or comply with regulations in countries to which we export, may adversely affect our business, financial condition, cash flows and results of operations.
Objectives Orkla India (MTR Foods) IPO
1. Fees and commissions payable to the Book Running Lead Managers (including any underwriting commission, brokerage and selling commission)
2. Advertising and marketing expenses for the Offer
3. Fees payable to the Registrar to the Offer
4. 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
5. Printing and distribution of Offer stationery
6. Other expenses including, listing fees, SEBI filing fees, BSE and NSE processing fees, book building software fees and other regulatory expenses
7. 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
8. Fee payable to legal counsels
9. Miscellaneous
Company Contact Details
Orkla India Limited
No.1, 2nd and 3 rd Floor, 100 Feet Inner Ring Road
Ejipura, Ashwini Layout,
Vivek Nagar
Bengaluru, Karnataka, 560047
Phone: +91 80 4081 21
Email: investors@orklaindia.com
Website: http://www.orklaindia.com/