Orkla India Ltd - IPO

Orkla India Ltd IPO Details

Initial public offer of up to 22,843,004 equity shares bearing face value of Re. 1 each (Equity Shares) of Orkla India Limited (the Company or the Issuer) for cash at a price of Rs. 730 per equity share (Including a Premium of Rs. 729 per equity share) (Offer Price) Aggregating to Rs. 1667.54 crores through an offer for sale (the Offer or Offer for Sale) of up to 20,560,768 equity shares bearing face value of Rs. 1 each aggregating to Rs. 1500.75 crores by Orkla Asia Pacific Pte. Ltd. (Promoter Selling Shareholder), up to 1,141,118 equity shares bearing face value of Re. 1 each aggregating to Rs. 83.30 crores by Navas Meeran and up to 1,141,118 equity shares bearing face value of Re. 1 each aggregating to Rs. 83.30 crores by Feroz Meeran (Together Referred to as Other Selling Shareholders and together with promoter selling shareholder referred to as the Selling Shareholders and such equity shares offered by the selling shareholders, the Offered Shares). The offer shall constitute 16.7% of the post-offer paid-up equity share capital of the company.The offer included a reservation of 30,000 equity shares of face value of Re.1/- each, aggregating to Rs.1.98 crores (Constituting 0.0% of the post-offer paidup Equity Share Capital), for subscription by eligible employees (Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer each constitute 16.7% of the post-offer paid-up equity share capital of the company, respectively.A discount of Rs. 69 per equity share is being offered to eligible employees bidding in the employee reservation portion.

Objective of issue

Listing of the Equity Shares on the stock exchanges.

Orkla India Ltd Contact Details

Orkla India Ltd, 301 The Centrium, 3rd Flr 57 LBS, Nav Pada Kurla(W), Mumbai-400 070

Phone - 91 40 6716 2222/18003094001

Fax -

Email - investors@orklaindia.com

Website - www.orklaindia.com