Mumbai — Orkla India Ltd, the owner of MTR Foods, made a muted debut on the Indian stock market on Thursday, November 6, 2025, with shares opening slightly above the IPO price but soon trading lower.

On the BSE, Orkla India shares were listed at ₹751.50, a 2.95% premium over the issue price of ₹730. On the NSE, the stock debuted at ₹750.10, up 2.75% from the IPO price. During the day, the stock rose to ₹755 before hitting a low of ₹693.35 on the BSE.

IPO Details

The Orkla India IPO, open from October 29–31, was entirely an offer-for-sale (OFS) of 2.28 crore equity shares, raising ₹1,667.54 crore. The allotment was completed on November 3. Despite a strong response in the grey market, with a 9% premium ahead of listing, the stock’s debut was below some street expectations.

Investor Guidance

Prashanth Tapse, Senior VP (Research) at Mehta Equities Ltd, highlighted that the strong IPO response reflects investor confidence in Orkla India’s fundamentals and growth potential in the convenience foods segment. He advised:

“Allotted investors should consider holding Orkla India shares for the long term, while non-allotted investors may ‘Wait and Watch’ for post-listing corrections as potential entry points.”

Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, noted that the company’s steady revenue growth, improving profitability, and expanding distribution channels provide a solid medium-to-long-term investment case. She suggested:

“Investors with allotment may book partial profits after the debut while holding the rest. A stop-loss may be placed at ₹650 to manage risk.”

Looking Ahead

Orkla India’s IPO price band was set at ₹695–730, and the stock remains under watch as investors evaluate post-listing price movements amid growing consumer demand for branded packaged foods across retail, e-commerce, and HoReCa channels.