The GMP (Grey Market Premium) of Orkla IPO plummeted from ₹160 to ₹75 due to profit-booking by traders, market sentiment shifts, and concerns over the Offer for Sale (OFS) structure of the IPO. The high subscription levels and market volatility also contributed to the sharp dip, signaling caution for potential investors

While the GMP was ₹75, the actual listing price often depends on market conditions on the listing day. Typically, the GMP acts as a pre-indicator, and the stock may list higher or lower based on investor demand and broader market sentiment. Investors should stay updated on market trends for a better outlook.

A sharp GMP dip indicates increased uncertainty, and some traders view it as a buying opportunity at lower prices. However, it also reflects cautious market sentiment. Investors should analyze the company's fundamentals, market conditions, and their risk appetite before making a decision. Consulting expert opinions and future outlooks can help