Orkla India Lines Up Public Issue To Fund Growth And Market Expansion

Consumer-focused Orkla India prepared to open a ₹1,667 crore initial public offering, seeking a valuation near ₹10,000 crore. Early indications pointed to healthy interest from qualified institutional buyers alongside retail participation. Proceeds are expected to support expansion, brand investments, and balance-sheet flexibility. The deal arrives amid a robust pipeline of consumer names tapping primary markets. Allocation, price band, and subscription details will frame implied multiples versus peers across staples and packaged foods. Market watchers highlighted execution and margin discipline as post-listing priorities.