India's Food Giant Orkla India IPO Blasts Off, Raising ₹1,667 Crore!

Consumer Products

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Updated on 12 Nov 2025, 04:34 pm

Orkla India Limited, previously known as MTR Foods Private Limited, has announced the successful completion of its Initial Public Offering (IPO), raising ₹1,667 crore from the sale of equity shares. The offering garnered exceptional investor interest, being over-subscribed a remarkable 48.73 times across all investor categories. This substantial demand highlights strong confidence in the Indian packaged food and beverage market.

Orkla India is home to heritage brands such as MTR, Eastern, and Rasoi Magic. It is part of the global portfolio of Orkla ASA, a prominent industrial investment company with an approximate market capitalization of US$11 billion and a last annual consolidated group revenue of roughly US$6.2 billion. Shardul Amarchand Mangaldas & Co provided legal advisory services to Orkla India, its parent company Orkla ASA, and promoter Orkla Asia Pacific Pte. Ltd. S&R Associates represented the book-running lead managers, including ICICI Securities, Citigroup, J.P. Morgan, and Kotak Mahindra.

Impact: This IPO is a pivotal moment for Orkla India, injecting capital for expansion and reinforcing its market position. The strong subscription rate suggests positive investor sentiment towards India's consumer goods sector and presents new investment avenues for stakeholders. Rating: 7/10

Difficult Terms: Initial Public Offering (IPO): The process by which a private company offers its shares to the general public for the first time, becoming a publicly traded entity. Oversubscribed: A situation where the demand for shares in an IPO exceeds the number of shares available for sale, indicating high investor interest and confidence.