Ready to Eat MTR Foods and Eastern brands parent company Orkla India plans to come up with its IPO. Orkla India is the subsidiary of its parent company Orkla Asia Pacific Pte. Ltd and Norwegian industrial investment company Orkla ASA both the companies hold around 90% whereas Navas Meeran and Feroz Meeran make upto 5% each in the company. The company plans to raise around Rs1,667 Crore through the issue.
The company with its business into owns spices and condiments brands MTR and Eastern will be debuting the Dalal Street with an IPO valuation around ₹10,000 crore at the upper end aiming to collect Rs1,667 Crore through the issue. Offer will open on Wednesday 29 October 2025 and close on Friday 31 October 2025. The Anchor Investor Bidding Date is Tuesday 28 October 2025. The company makes market debut on November 06 tentatively with its listing on the NSE & BSE. Company coming up with IPO will be 100% Offer For Sale. With no fresh issue, the money collected through the proceeds will go to the selling shareholders.
The Price Band has been fixed at ₹695 to ₹730 per Equity Share. The Offer comprises an offer for sale of up to 22,843,004 Equity Shares (“Offer for Sale”). The Offer for Sale comprises up to 20,560,768 Equity Shares by Orkla Asia Pacific Pte. Ltd; up to 1,141,118 Equity Shares by Navas Meeran and up to 1,141,118 Equity Shares by Feroz Meeran. A discount of ₹ 69 per Equity Share is being offered to Eligible Employees bidding in the Employee Reservation Portion.
ICICI Securities Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited and Kotak Mahindra Capital Company Limited are the Book Running Lead Managers to the Offer.
