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Orkla India Ltd., the owner of spices and condiments brands MTR and Eastern, is set to launch its initial public offering (IPO) on October 29. The company announced the price band for its upcoming initial public offering last week. As the subscription date nears, here’s a look at the grey market premium (GMP) and other important details about the Orkla India IPO.

Orkla India IPO GMP Today

The grey market premium (GMP) for the Orkla India IPO was Rs 106 as of 8:30 a.m. on October 28. With a price band cap of Rs 730, the estimated listing price is Rs 836. This suggests an expected gain of 14.52% per share.

Note: GMP does not represent official data and is based on speculation. GMP data as per I

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