There are provided an optical recording medium and a method of manufacturing the optical recording medium. The optical recording medium has a pattern of microscopic depressions and projections molded thereon with a high fidelity of replication. The method of manufacturing the optical recording medium comprises the steps of forming a photoresist layer on a substrate; exposing a predetermined area of the photoresist layer formed on the substrate to form a plurality of trains of depressions in the photoresist layer; removing the photoresist layer between the adjoining depression trains to form a master; plating the master with a metal; separating the metal coating to form a master stamper; replicating the master stamper repeatedly an odd number of times to form a mother stamper; replicating the mother stamper to form a resin substrate; and forming at least a light-transparent layer on a surface of the resin substrate on which the mother stamper is replicated. The method can mold a pattern of microscopic depressions and projections with a high accuracy.