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7 days ago₹1,600 cr IPO of Orkla India to launch end-October
Orkla India, parent of Indian brands MTR and Eastern, has filed its red-herring prospectus and plans to float an IPO of roughly ₹1,600 crore by the end of October. The raising is entirely via an offer-for-sale: about 2.28 crore shares will be sold by existing shareholders, with no fresh issue component. FY25 revenue hovered around ₹2,394 crore and profit at ₹255.7 crore, marking modest growth year-on-year. Book-running managers include ICICI Securities, Citigroup India, JP Morgan India and Kotak Mahindra Capital.
neutral
7 days ago₹1,600 cr IPO of Orkla India to launch end-October
Orkla India, parent of Indian brands MTR and Eastern, has filed its red-herring prospectus and plans to float an IPO of roughly ₹1,600 crore by the end of October. The raising is entirely via an offer-for-sale: about 2.28 crore shares will be sold by existing shareholders, with no fresh issue component. FY25 revenue hovered around ₹2,394 crore and profit at ₹255.7 crore, marking modest growth year-on-year. Book-running managers include ICICI Securities, Citigroup India, JP Morgan India and Kotak Mahindra Capital.
neutral
₹1,600 cr IPO of Orkla India to launch end-October
8 days ago
1 min read
80 words
Orkla India is launching a ₹1,600 cr pure OFS IPO by end Oct, backed by MTR & Eastern brands and modest recent profits.
Orkla India, parent of Indian brands MTR and Eastern, has filed its red-herring prospectus and plans to float an IPO of roughly ₹1,600 crore by the end of October. The raising is entirely via an offer-for-sale: about 2.28 crore shares will be sold by existing shareholders, with no fresh issue component. FY25 revenue hovered around ₹2,394 crore and profit at ₹255.7 crore, marking modest growth year-on-year. Book-running managers include ICICI Securities, Citigroup India, JP Morgan India and Kotak Mahindra Capital.
Orkla India, parent of Indian brands MTR and Eastern, has filed its red-herring prospectus and plans to float an IPO of roughly ₹1,600 crore by the end of October. The raising is entirely via an offer-for-sale: about 2.28 crore shares will be sold by existing shareholders, with no fresh issue component. FY25 revenue hovered around ₹2,394 crore and profit at ₹255.7 crore, marking modest growth year-on-year. Book-running managers include ICICI Securities, Citigroup India, JP Morgan India and Kotak Mahindra Capital.
Companies:
Orkla India
Tags:
ipo
india
ipo
india
startups
consumer
offer-for-sale
Oct 24, 2025 • 01:35 IST