Orkla India IPO-

 


Orkla India Ltd., the Indian subsidiary of Norway's Orkla ASA and the parent company of popular food brands like MTR Foods and Eastern Condiments, has launched its Initial Public Offering (IPO).

This is a key event for investors looking for exposure to the branded, multi-category Indian packaged food sector.


IPO Snapshot

ParticularDetails
Issue TypeOffer For Sale (OFS) only
Issue Size₹1,667.54 Crores
Price Band₹695 to ₹730 per equity share
Face Value₹1 per equity share
Minimum Lot Size20 Shares (Minimum investment: ₹14,600 at upper band)
Listing AtBSE & NSE

Important Dates (Tentative)

EventDate
IPO Open DateWednesday, October 29, 2025
IPO Close DateFriday, October 31, 2025
Basis of AllotmentMonday, November 3, 2025
Initiation of RefundsTuesday, November 4, 2025
Credit of Shares to DematTuesday, November 4, 2025
Listing DateThursday, November 6, 2025

Key Highlights of the Issue

  • Pure Offer for Sale (OFS): The entire issue size of ₹1,667.54 Crores is an Offer for Sale. This means no fresh shares are being issued by the company, and the company will not receive any proceeds from the IPO. All funds will go to the existing selling shareholders, which include the promoter entity Orkla Asia Pacific Pte Ltd, Navas Meeran, and Feroz Meeran.

  • Company Profile: Orkla India is a leading multi-category Indian food company, known for its extensive portfolio of over 400 products across spices, ready-to-cook mixes, instant foods, and ready-to-eat meals under iconic brands:

    • MTR Foods

    • Eastern Condiments

    • Rasoi Magic

  • Business Focus: The company has a strong market presence, particularly in South Indian states like Karnataka, Kerala, Andhra Pradesh, and Telangana, and exports its products to over 40 countries.

  • Employee Discount: Eligible employees are offered a discount of ₹69 per share on the issue price.

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