Orkla India IPO to Open on October 29; Entirely Offer-for-Sale Issue

October 24, 2025: Orkla India, the parent company of leading brands MTR and Eastern, has submitted its Red Herring Prospectus (RHP) to the market regulator ahead of the initial public offering, scheduled for public subscription on October 29, 2025.

Orkla India IPO Structure and Key Timelines

The issue is a complete Offer for Sale (OFS) of 2.28 crore equity shares, with no fresh issuance component. The selling shareholders include Orkla Asia Pacific, the promoter entity, along with Navas Meeran and Feroz Meeran.

The company has reserved 30,000 shares of the total issue for employees, with the remaining equity shares offered to retail and institutional investors. The anchor book opens on October 28, followed by the public offering from October 29 to 31. Share allotment is expected by November 3, with listing on the stock exchanges scheduled for November 6, 2025.

Company Overview and Brand Portfolio

Orkla India operates across spices, packaged foods, and ready-to-eat meals through its two flagship brands, MTR and Eastern, offering over 400 products for both traditional and modern Indian kitchens.

Orkla India Financial Performance Overview

Orkla India has reported steady financial growth over the past few quarters. For the quarter ended June 2025, the company posted a 9.8% year-on-year rise in profit to ₹78.9 crore, up from ₹71.9 crore in the same period last year, while revenue grew 6% to ₹597 crore from ₹563.5 crore. For the financial year 2024–25, Orkla India’s net profit rose 13% to ₹255.7 crore, with revenue increasing 1.6% to ₹2,394.7 crore.

Orkla India Lead Managers and Registrar to the Issue

ICICI Securities, Citigroup Global Markets India, JP Morgan India, and Kotak Mahindra Capital Company are managing the issue as the Book Running Lead Managers. KFin Technologies has been appointed as the registrar for the issue.

REF: https://www.orklaindia.com/wp-content/uploads/sites/3/2025/10/Orkla-India-RHP-Document.pdf

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