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Orkla India IPO GMP Today: The initial public offering (IPO) of Orkla India, which owns spices and condiments brands MTR and Eastern, witnessed its final day of bidding today, Thursday, October 30. The Rs 1,667.5-crore mainboard IPO has been closed today, October 31. The price band was fixed at Rs 695 to Rs 730 per share.

On the final day of bidding on Friday, the IPO received a 48.74x subscription, garnering bids for 77,97,67,200 shares as against the 1,59,99,104 shares on offer. Its retail category has received a 7.06x subscription, while the NII (non-institutional investor) quota has received a 54.42x subscription. The QIB category received a 117.63x subscription.

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