The firm’s ₹1,667 crore Initial Public Offering (IPO) will open for public subscription on October 29 and conclude on October 31, based on a public announcement.
Anchor traders can submit their bids on October 28.
The firm’s IPO is an entire Offer For Sale (OFS) of two.28 crore fairness shares by promoter and different shareholders, with no recent situation part.
Under the OFS, promoter Orkla Asia Pacific Pte and shareholders — Navas Meeran and Feroz Meeran are offloading shares.
At current, promoters — Orkla Asia Pacific Pte. Ltd and Norwegian industrial funding firm Orkla ASA — maintain 90% stake, whereas Navas Meeran and Feroz Meeran personal 5 per cent stake every within the firm.
Since it’s an OFS, the corporate is not going to obtain any proceeds from the IPO and your complete cash will go to the promoting shareholders.
Orkla India, previously referred to as MTR Foods, is a multi-category Indian meals firm. It manufactures merchandise as spices and masalas, ready-to-eat, sweets and breakfast mixes, below outstanding manufacturers similar to MTR, Rasoi Magic and Eastern.
The firm sells its merchandise below the manufacturers MTR and Eastern.
According to the Technopak report, the Indian packaged meals market was estimated at Rs 10,180 billion in Fiscal 2024, reflecting a CAGR of 10.8% in comparison with Fiscal 2019.
Half of the problem dimension has been reserved for certified institutional patrons, 35 per cent for retail traders and the remaining 15 per cent for non-institutional traders.
Orkla India will make its debut on the inventory exchanges on November 6.
ICICI Securities, Citigroup Global Markets India, JP Morgan India, and Kotak Mahindra Capital Company are the book-running lead managers to the problem.
Published – October 24, 2025 12:39 pm IST
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