Orkla India IPO GMP Today Latest: Orkla India , the Indian arm of Norway-based Orkla ASA, has announced the price band for its upcoming Initial Public Offering ( IPO ). Orkla India has fixed a price band of Rs 695-730 per share for its IPO. Orkla India aims for a valuation of around Rs 10,000 crore at the upper end of the price band. Orkla India's Rs 1,667 crore IPO will open for public subscription on October 29 and end on October 31. Orkla India said that anchor investors can submit their bids on October 28.

Orkla India IPO Lot Size Investors can bid for a minimum of 20 shares in one lot of Rs 14,600. Retail investors can place bids for a maximum of 260 shares or 13 lots, worth Rs 1,89,800. Half of the issue size has been reserved for QIBs, 35 per cent for retail investors

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