Orkla India IPO Day 3: Check GMP, strong subscription and analyst views. Should you subscribe

Orkla India's Rs 1,667 crore IPO saw strong investor interest, subscribed 2.70 times by Day 2. Retail and Non-Institutional Investors showed robust participation, while QIBs were at 6%. The stock is trading at a 9.5% grey market premium, indicating a potential listing price of Rs 800.