Orkla India readies public debut with ₹1,667-crore offer for MTR maker

The local unit of a global consumer group is set for a domestic listing through a ₹1,667-crore offer for sale, marking a notable public-market return for a packaged-foods brand best known for MTR. The issue—targeting a valuation near ₹10,000 crore at the upper band—comprises up to 2.2 crore shares from existing shareholders. The float follows strong secondary-market sentiment and revived primary issuance. Proceeds go to selling holders; investors will parse brand growth, margins, distribution expansion and competitive intensity in staples.