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5 days agoOrkla India Fixes IPO Price Band at ₹695–₹730, Eyes ₹1,667 Crore Raise
Orkla India, parent of MTR Foods, announced its IPO price band at ₹695 to ₹730 per share, targeting proceeds of ₹1,667 crore and an implied valuation near ₹10,000 crore (US$1.13 billion). The issue will open November 6 and fund capacity expansion and brand marketing initiatives. Analysts said strong consumer-staple demand and Orkla’s diversified portfolio could attract long-term investors. Market strategists noted that successful listing sentiment from FMCG peers may support premium pricing and robust oversubscription trends during the offering window.
positive
5 days agoOrkla India Fixes IPO Price Band at ₹695–₹730, Eyes ₹1,667 Crore Raise
Orkla India, parent of MTR Foods, announced its IPO price band at ₹695 to ₹730 per share, targeting proceeds of ₹1,667 crore and an implied valuation near ₹10,000 crore (US$1.13 billion). The issue will open November 6 and fund capacity expansion and brand marketing initiatives. Analysts said strong consumer-staple demand and Orkla’s diversified portfolio could attract long-term investors. Market strategists noted that successful listing sentiment from FMCG peers may support premium pricing and robust oversubscription trends during the offering window.
positive
Orkla India Fixes IPO Price Band at ₹695–₹730, Eyes ₹1,667 Crore Raise
5 days ago
1 min read
80 words
Orkla India set its IPO band at ₹695–₹730 to raise ₹1,667 crore, leveraging resilient FMCG demand and investor confidence ahead of its November 6 listing.
Orkla India, parent of MTR Foods, announced its IPO price band at ₹695 to ₹730 per share, targeting proceeds of ₹1,667 crore and an implied valuation near ₹10,000 crore (US$1.13 billion). The issue will open November 6 and fund capacity expansion and brand marketing initiatives. Analysts said strong consumer-staple demand and Orkla’s diversified portfolio could attract long-term investors. Market strategists noted that successful listing sentiment from FMCG peers may support premium pricing and robust oversubscription trends during the offering window.
Orkla India, parent of MTR Foods, announced its IPO price band at ₹695 to ₹730 per share, targeting proceeds of ₹1,667 crore and an implied valuation near ₹10,000 crore (US$1.13 billion). The issue will open November 6 and fund capacity expansion and brand marketing initiatives. Analysts said strong consumer-staple demand and Orkla’s diversified portfolio could attract long-term investors. Market strategists noted that successful listing sentiment from FMCG peers may support premium pricing and robust oversubscription trends during the offering window.
Companies:
Orkla India
MTR Foods
Tags:
IPO
India
IPO
India
FMCG
Orkla
MTR
Oct 26, 2025 • 14:35 IST