Price band of at ₹695 to ₹730 apiece, issue closes on Oct 31
MUMBAI, Oct 26 (The CONNECT) – Orkla India Limited (formerly known as MTR Foods Private Limited)will open
its initial public offering (IPO) on Wednesday, October 29 2025 at a price band of at ₹695 to ₹730 apiece.
The Anchor Investor Bidding will take place on Tuesday 28 October 2025.
Bids can be made for a minimum of 20 Equity Shares and in multiples of 20 Equity Shares thereafter for the issue that closes on Friday 31 October 2025.
The Offer for Sale comprises up to 20,560,768 Equity Shares by Orkla Asia Pacific Pte. Ltd; up to 1,141,118 Equity Shares by Navas Meeran and up to 1,141,118 Equity Shares by Feroz Meeran.
A discount of ₹ 69 per Equity Share is being offered to Eligible Employees bidding in the Employee Reservation Portion.
ICICI Securities Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited and Kotak Mahindra Capital Company Limited are the Book Running Lead Managersto the Offer.
