MTR Foods Parent Orkla India Sets IPO Price Band; Opens on Oct 29

Orkla India Ltd, the parent company of MTR Foods, has announced the price band for its upcoming initial public offering (IPO) at ₹695–₹730 per share. 

The ₹1,667 crore issue will open for subscription on Wednesday, October 29, and close on Friday, October 31, 2025. Investors can bid for a minimum of one lot comprising 20 shares, requiring an investment of ₹14,600, and in multiples of 20 shares thereafter.

Offer Structure and Allocation

The entire IPO is an Offer For Sale (OFS), meaning the company itself will not receive any proceeds from the issue. The offer includes a 50% reservation for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 35% for retail investors. Additionally, eligible employees applying under the reserved category will receive a discount of ₹69 per share.

Selling Shareholders and Valuation

Among the key selling shareholders, Orkla Asia Pacific, a promoter entity, will offload 2.05 crore shares with an average acquisition cost of ₹111 per share. Other selling shareholders include Avas Meeraan and Meera Avas, each divesting 11.41 lakh shares acquired at ₹458.7 per share.

At the upper end of the price band, the company’s valuation implies a price-to-earnings (P/E) ratio of 39 times based on FY25 diluted earnings per share (EPS).

Also Read: Carnelian Invests ₹100 Crore in Park Medi World Ahead of ₹1,260 Crore IPO!

Conclusion

The Orkla India IPO marks a significant market entry for the packaged foods major’s parent firm. With its established brand portfolio and solid financials, investor interest is likely to be strong across categories, particularly given the brand legacy of MTR Foods.

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