The wait is almost over for thousands of investors who applied for Orkla India's initial public offering. According to market sources, the final share allotment for the Orkla India IPO is expected to be completed today, bringing clarity to applicants about their allocation status.
What Investors Need to Know About Orkla India IPO Allotment
The ₹95-crore IPO, which consisted entirely of an offer for sale of 1.9 crore shares, received significant investor attention during its subscription period. The company, known for popular food brands like MTR and Eastern, has been closely watched by market participants.
Current Grey Market Premium (GMP) Indicates Positive Sentiment
Market sentiment remains optimistic as the grey market premium for Orkla India shares continues to show strength. While GMP figures fluctuate regularly, the current premium suggests strong listing gains potential for successful allottees.
Step-by-Step Guide to Check Your Orkla India IPO Allotment Status
Once the allotment is finalized, investors can check their status through multiple channels:
- Through the BSE Website:
- Visit the BSE official website and select 'Equity' under issue type
- Choose 'Orkla India' from the dropdown menu of issues
- Enter your application number and PAN details
- Submit to view your allotment status
- Via the Registrar's Portal:
- Access the KFin Technologies website
- Navigate to the 'IPO Allotment Status' section
- Select Orkla India from the list of current IPOs
- Provide your application number, PAN, or DP ID details
- Check your allocation details
What Happens After Allotment?
Successful applicants will see the shares credited to their demat accounts, while unsuccessful applicants will receive refunds through the same banking channels they used for application. The listing date is typically announced shortly after the allotment process is completed.
Investors are advised to keep their application details handy and check the official sources regularly for the latest updates on the Orkla India IPO allotment status.
