Orkla India Ltd Logo

Orkla India Ltd IPO

BSELot: 20

LISTEDMAINBOARD
Issue Price730
Listing884.03
Current561
Price Band
695 - ₹730
Lot Size
20
Issue Size
₹1667.54 Cr
GMP
0
Subscription
0.79x

IPO Schedule

1
Open
29 Oct
2
Close
31 Oct
3
Allotment
3 Nov
4
Listing
6 Nov

About Orkla India Ltd

Orkla India Ltd is a subsidiary of Orkla ASA, a leading Nordic industrial investment company. The company primarily focuses on the food and branded consumer goods segment in the Indian market, offering a range of products across various categories.

Subscription Status

QIB
0.02x
NII
1.53x
Retail
0.90x
CategoryDay 3Day 2Day 1
QIB117.63x0.06x0.02x
NII54.42x7.59x1.53x
Retail7.06x2.12x0.90x
Total48.74x2.71x0.79x

Risk Factors

Intense competition from existing players in the Indian FMCG market.
Fluctuations in raw material prices and supply chain disruptions.
Changes in consumer preferences and regulatory landscape.
High P/E ratio may indicate overvaluation

Promoters & Management

The management team of Orkla India Limited is led by experienced professionals. Sanjay Sharma serves as the Managing Director and Chief Executive Officer, overseeing the company's strategic direction and operations. Suniana Calapa is the Chief Financial Officer, responsible for driving financial and technological initiatives. Kaushik Seshadri is the Company Secretary and Compliance Officer, ensuring regulatory compliance. The Board of Directors includes Atle Vidar Nagel Johansen as the Chairman and Non-executive Director, providing guidance and oversight. Maria Syse-Nybraaten and Per Haavard Skiaker Maelen serve as Non-executive Directors, contributing their expertise and insights. Amit Jain, Shantanu Maharaj Khosla, and Meena Ganesh are Independent Directors, providing independent oversight and guidance. The senior management team also includes Sunay Bhasin, Ashvin Subramanyam, and Girish Kumar Nair, leading various business units and functions. The management team's experience and expertise are crucial to the company's success and growth.