Orkla India IPO Listing on NSE on BSE Scheduled For Thursday

Bengaluru, November 4: Orkla India IPO has completed its allotment and has initiated refunds for its IPO. With this, attention has now shifted to the IPO’s listing on the NSE and BSE, scheduled for Thursday, November 6. The Orkla India IPO has generated strong interest among retail investors after being subscribed 48.73 times in total. Qualified Institutional Buyers (QIBs) subscribed to the Orkla India IPO 117.63 times, Non-Institutional Investors (NIIs) 54.42 times, Retail Individual Investors (RIIs) 7.05 times, and Employees15.13 times.

Orkla India IPO Allotment Completed

Orkla India IPO allotment status was finalised yesterday, on November 3. The company has started the process of crediting the shares and initiating refunds today, on November 4. Investors can check the Orkla India IPO allotment status by following the steps below:

Check Orkla India IPO Allotment Status on NSE

Step 1: Visit https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Step 2: Select ‘Equity & SME IPO bid details.’

Step 3: From the drop-down menu, choose ‘Orkla India Limited.’

Step 4: Enter your PAN Number and Application Number.

Step 5: Click ‘Submit’ to view the allotment result.

Check Orkla India IPO Allotment Status on BSE

Step 1: Visit https://www.bseindia.com/investors/appli_check.aspx

Step 2: Under ‘Issue Type,’ select Equity.

Step 3: Choose ‘Orkla India Limited’ from the drop-down list.

Step 4: Enter your Application Number and PAN.

Step 5: Click on ‘I am not a Robot’, then click ‘Search’ to see the allotment status.

Check Orkla India IPO Allotment Status via KFin Technologies (Registrar)

Step 1: Visit https://ipostatus.kfintech.com/

Step 2: Select ‘Orkla India Limited IPO’ from the dropdown list.

Step 3: Choose your preferred identification option: PAN, Application Number, or DP/Client ID.

Step 4: Enter the selected details accurately.

Step 5: Click on ‘Submit’ to view your allotment status.

Orkla India Raised ₹499.67 Crore From Anchor Investors

Ahead of the IPO, the company raised ₹499.67 crore from anchor investors by allocating 68,43,900 equity shares at ₹730 per share. Key investors included Nippon India Small Cap Fund, Aditya Birla Sun Life Consumption Fund, Ashoka Whiteoak India Opportunities Fund, Nomura Funds Ireland – India Equity Fund, Government Pension Fund, Global Jupiter India Fund, Tata Investment Corporation Ltd, LIC Mutual Fund schemes, and Baroda BNP Paribas Mutual Fund.

What’s Ahead for Orkla India IPO?

The Orkla India IPO subscription status indicates that it received strong demand across investor categories. Now that the company has completed the share allotment and has initiated the process of share credit and refunds, investors are now waiting for its listing. The Orkla India IPO is scheduled to be listed on NSE and BSE on November 6.

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