Orkla IPO India: What Investors Should Know as Allotment Status Goes Live
We are now at an interesting juncture with the Orkla India Ltd IPO. The company, known for household food brands like MTR and Eastern, has launched an offer for sale, and the allotment status is now live. The IPO size is about ₹1,667 crore, and the price band is set at ₹695 to ₹730 per share. What draws attention is that this is a full offer-for-sale, meaning the company itself won’t raise fresh capital; existing shareholders will sell their holdings. Also, Orkla India holds a strong footprint in India’s packaged foods sector through spices, ready-to-eat meals, and breakfast mixes, which puts it in many kitchens across the country.
Continue Reading on Meyka
This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.
Read Full Article →
