Orkla India’s 1.6k crore IPO to open Oct-end

Bengaluru: Bengaluru-based Orkla India, the parent entity of MTR Foods, is going public by the end of Oct, with the size of the IPO expected to be around Rs 1,600 crore, sources told TOI. The IPO will consist entirely of an offer for sale of up to 2.2 crore equity shares. There is no fresh issue component in the proposed offering. In FY25, its revenue was Rs 2,358 crore.