Shares of Orkla India made a muted stock market debut on Thursday, November 06, disappointing the investors, as the parent company of MTR Foods was listed at Rs 751.50 on BSE, a premium of 2.95 per cent over its issue price of Rs 730. Similarly, the stock kicked-off its maiden trading session with a premium of 2.75 per cent over its IPO price at Rs 750.10 on NSE. Advertisement

The listing of Orkla India has been much below-the-expectations. 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. Its GMP stood at Rs 95-100 after the IPO was concluded.

As of the listing price, retail investors made a mild profit of Rs 430 apeice for their one lot of

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