MTR Foods

The Indian arm of Norwegian consumer goods group Orkla, which merged MTR and Eastern in 2023, expects to return to its historical double-digit revenue growth in fiscal 2026 and beyond

Orkla India stock opened at ₹751.5, a premium of 3 per cent on the BSE. The listing price was below the grey market estimates

This week, two highly anticipated mainboard offerings, Groww and Pine Labs, are set to open for subscription

Investors can check their Orkla India allotment status on the official websites of the NSE, BSE, or through Kfin Technologies

Orkla India IPO has received bids for 79.15 million shares, compared to the 15.99 million shares available, resulting in an overall subscription rate of approximately 4.95 times.

Studds Accessories IPO opened on October 30 and will close for subscription on Monday, November 3, while Lenskart Solutions is set to launch its ₹7,278 crore IPO on Friday, October 31

Orkla India has set the price band for the IPO in the range of ₹695 to ₹730 apiece, with a lot size of 20 shares.

Orkla India is a virtually debt-free company, makes healthy return ratios & margins and generates stable cash flows of ₹300-400 crore annually

Orkla India IPO worth ₹1,667.54 crore comprises an offer for sale (OFS) of 22.8 million equity shares.

This comes as the company's initial public offering is slated to open on 29 October to 31 October

Only one mainboard issue is scheduled to open for public subscription, while two new public issues will open for bidding in the SME segment

Orkla India IPO will open for subscription on Wednesday, October 29, 2025, and close on Friday, October 31, 2025

Orkla India, formerly MTR Foods, files DRHP with SEBI for IPO comprising 2.2 crore shares in a full OFS; company will not receive any proceeds from the sale

ITC is in preliminary discussions with Norway's Orkla ASA to acquire two of its brands as part of its efforts to expand presence in the southern Indian spice market

The company is looking to expand its play in the international market-with a focus on Gulf Cooperation Council (GCC) countries

Orkla, the Norwegian industrial investment company, is exploring the possibility of launching an initial public offering by 2025 for its Indian unit, which owns spices and condiments brands MTR and Eastern, according to its country head. Besides, the company is expanding its global sales targeting the growing Indian diaspora abroad and expects its international business to contribute 20 per cent in 2024, Orkla India CEO Sanjay Sharma said. Moreover, it is also expanding its play in the food market by entering into cold chain-based food products such as 'idli' batter and also entering into regional delicacies. When asked about the IPO, Sharma said: "It is too early for us. The board had done a pre-IPO study and based on that it asked us to explore and evaluate accessing capital markets in India." This happened in late June and July, when there is summer holidays, as far as Europe is concerned. "So this is some work that we will start to do now. As indicated in the statement given b

This move will enhance the collective business capabilities and drive sharper growth focus across Business Units

Influencer marketing becomes mainstream with incumbents such as HUL and Marico using them, and not only for brand awareness

Market is expected to touch Rs 50K-crore mark by 2025

Norwegian conglomerate Orkla, which owns MTR Foods, to buy 67.8 per cent stake in Kerala's Eastern Condiments