Price Band fixed at ₹695 to ₹730 per equity share of face value of ₹1 each of Orkla India Limited (“Equity Shares”);
- The Floor Price is 695 times the face value of Equity Shares and the Cap Price is 730 times the face value of the Equity Shares;
- Bid /Offer will open on Wednesday 29 October 2025 and close on Friday 31 October 2025. The Anchor Investor Bidding Date is Tuesday 28October 2025;
- Bids can be made for a minimum of 20 Equity Shares and in multiples of 20 Equity Shares thereafter;
- A discount of ₹69 per Equity share is being offered to Eligible Employees bidding in the Employee Reservation Portion.
1. Mr. Sanjay Sharma, Managing Director and Chief Executive Officer, Orkla India Limited
2. Ms. Suniana Calapa, Chief Financial Officer, Orkla India Limited
Mumbai, 24 October 2025: Orkla India Limited (formerly known as MTR Foods Private Limited) (the “Company”) will open the Bid / Offer in relation to its initial public offering of the Equity Shares on Wednesday 29 October 2025. The Bid/Offer will close on Friday 31 October 2025.
The Anchor Investor Bidding Date shall be Tuesday 28 October 2025.
Bids can be made for a minimum of 20 Equity Shares and in multiples of 20 Equity Shares thereafter.
The Price Band has been fixed at ₹695 to ₹730 per Equity Share.
The Offer comprises an offer for sale of up to 22,843,004 Equity Shares (“Offer for Sale”).
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.
The Equity Shares, offered through the Red Herring Prospectus of the Company dated 23 October 2025 (“RHP”) filed with Registrar of Companies, Karnataka at Bengaluru are proposed to be listed on National Stock Exchange of India Limited (“NSE”) and BSE Limited (“BSE” and together with NSE, the “Stock Exchanges”). For the purposes of the Offer, BSE is the Designated Stock Exchange.
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 Managers to the Offer.
