Orkla Indias ₹1,667 Crore IPO Opens for Subscription, Targeting ₹10,000 Cr Valuation
The Initial Public Offering IPO of Orkla India Ltd., the Indian packaged food major that owns the popular MTR and Eastern brands, opened for public su
The Initial Public Offering IPO of Orkla India Ltd., the Indian packaged food major that owns the popular MTR and Eastern brands, opened for public subscription on October 29, 2025. The issue is entirely an Offer For Sale OFS of 2.28 crore equity shares, aiming to raise ₹1,667.54 crore at the upper end of the ₹695 to ₹730 price band, valuing the company at roughly ₹10,000 crore. As it is a pure OFS, all proceeds will go to the selling shareholders, including its Norwegian parent Orkla ASA. The company, which reported a 13% rise in profit in FY25, has strong market share in the spices and convenience food segment, driving high investor interest on Day 1.
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B2B Tech News | 1 months ago