Shares of Orkla India is set to make a decent stock market debut on Thursday, November 06 as the parent company of MTR Foods may deliver nearly double digit listing for the investors, if one goes by the current grey market premium. Shares of the company shall be listed on both BSE and NSE. Advertisement
Ahead of its listing, shares of Orkla India were commanding a grey market premium (GMP) of Rs 65-70 per share in the unofficial market, suggesting a listing gain of 9-10 per cent for the investors. However, its GMP stood at Rs 95-100 after the company saw a strong bidding from the investors.
The IPO of Orkla India was open for bidding between October 29 and October 31. It had offered its shares in the price band of Rs 695-730 per share with a lot size of 20 shares. The company raised a t

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