News Details

( As on 24/10/2025 11:30)

Orkla India announces launch of initial public offering

Orkla India Ltd. has announced public offering of 22843004 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 729.00 per share. The gross proceeds of the issue are expected to be Rs 1,66,753.93 lakhs.

The company's initial public offer (IPO) will open on 28 October 2025 and is expected to close on 31 October 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 695.00-730.00 per share.

The IPO includes a fresh Issue of 22843004 Equity Shares of the Company at an price of Rs 730.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 20 shares with bids in multiples of 20.

Orkla India Ltd. anticipates using the proceeds of the issue for .

Kotak Mahindra Capital Company Ltd.,ICICI SECURITIES LTD,JP Morgan India Private Limited.,Citigroup Global Markets India Private Limited as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.