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Orkla India Ltd IPO opens 29 Oct with ₹1,667 crore size; analysts split

Orkla India’s ₹1,667 crore IPO opens on 29 Oct at ₹695-730 band; GMP near ₹84 but valuation seen as stretched.
Orkla India Ltd is set to launch its IPO on 29 October 2025, aiming to raise about ₹1,667 crore via an offer-for-sale of 2.28 crore shares. The price band is fixed at ₹695 to ₹730 per share, with listing expected around 6 November. The company, known for brands such as MTR and Eastern in regional food-markets, has drawn a grey-market premium near ₹84, indicating investor interest, though analysts are cautious on valuation elevated ahead of listing.