Last Updated:October 24, 2025, 14:40 IST
Orkla India IPO: Orkla India, owner of MTR Foods, launches Rs 1,667 crore IPO at Rs 695-730 per share, OFS only, with a Rs 10,000 crore valuation.
Orkla India IPO to launch next week.
Orkla India IPO: MTR Foods owner Orkla India has fixed the price band of Rs 695-730 per share for the Rs 1,667 crore initial public offering (IPO). The pure offer for sale (OFS) issue is set to open next week, between October 29 and October 31. Bidding for anchor investors will be held on October 28.
Orkla India IPO GMP
Ahead of the opening of three-day subscription window, Orkla India IPO’s unlisted shares are commanding a premium of 10 per cent in the grey market. According to GMP tracking websites, the unlisted shares currently have the GMP of Rs 70.
With the cap of price band, the company’s valuation stood at Rs 10,000 crore.
Orkla India IPO Details
As part of the OFS, shares will be sold by promoter Orkla Asia Pacific Pte, along with shareholders Navas Meeran and Feroz Meeran. Currently, the promoters — Orkla Asia Pacific Pte Ltd and Norwegian industrial investment firm Orkla ASA — collectively hold a 90% stake in the company. Navas Meeran and Feroz Meeran hold 5% stake each. Since the IPO is entirely an OFS, no proceeds will be received by the company; the entire amount raised will go to the selling shareholders.
Orkla India, formerly known as MTR Foods, is a multi-category Indian food company that offers a range of products including spices, masalas, ready-to-eat sweets, and breakfast mixes under brands such as MTR, Rasoi Magic, and Eastern. According to a Technopak report, the Indian packaged food market was estimated at ₹10.18 lakh crore in FY24, growing at a CAGR of 10.8% from FY19.
The book-running lead managers to the issue are ICICI Securities, Citigroup Global Markets India, JP Morgan India, and Kotak Mahindra Capital Company.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Varun Yadav
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
Follow News18 on Google. Join the fun, play QIK games on News18. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated.First Published:
October 24, 2025, 14:39 IST
News business ipo Orkla India IPO GMP: Rs 1,667 crore Issue Set To Open Next Week, Grey Market Premium JumpsDisclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Read More
Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.
