Orkla India IPO 2025: MTR and Eastern Spices Parent Launches ₹10,000 Cr Public Issue on Oct 29

Orkla India IPO 2025 is making waves in the Indian market as the parent company of MTR Foods and Eastern Spices gears up for its much-awaited initial public offering. Backed by Norway-listed conglomerate Orkla ASA, the FMCG major has officially filed its Red Herring Prospectus (RHP) with the Registrar of Companies on October 23, 2025. The IPO is scheduled to open for public subscription on October 29 and close on October 31, 2025.

The Orkla India IPO 2025 is structured as a pure offer-for-sale (OFS) of 2.28 crore equity shares by existing shareholders — Orkla Asia Pacific, Navas Meeran, and Feroz Meeran. The company has also reserved up to 30,000 equity shares for eligible employees. Since the IPO is entirely an OFS, all proceeds (excluding issue expenses) will go directly to the selling shareholders.

According to the RHP, the anchor book for Orkla India IPO 2025 will open on October 28, one day prior to the public issue. The basis of allotment will be finalized by November 3, and Orkla India shares are expected to list on the NSE and BSE on November 6, 2025.

Promoter Orkla Asia Pacific currently holds an 89.54% stake in the company, while other shareholders Navas Meeran and Feroz Meeran collectively own 10.46%.

 Financial Performance Ahead of Orkla India IPO 2025

The FMCG player has shown consistent growth over the past few years. For the quarter ending June 2025, Orkla India reported a profit of ₹78.9 crore, marking a 9.8% YoY increase from ₹71.9 crore last year. Revenue during the same period grew by 6%, reaching ₹597 crore.

On an annual basis, Orkla India posted a 13% rise in profit to ₹255.7 crore in FY25, while total revenue stood at ₹2,394.7 crore, up from ₹2,356.8 crore in FY24.

The company offers a wide range of spices, ready-to-cook, and ready-to-eat products across more than 400 SKUs, with a strong presence in Karnataka, Kerala, Andhra Pradesh, and Telangana. Competing with established brands like Tata Consumer Products, Orkla India continues to strengthen its footprint in the Indian convenience foods market.

 Orkla India IPO 2025 Price Band and Merchant Bankers

The price band for Orkla India IPO 2025 has been set at ₹695–₹730 per share, targeting a valuation near ₹10,000 crore. The IPO will be managed by leading investment banks — ICICI Securities, JP Morgan India, Citigroup Global Markets India, and Kotak Mahindra Capital Company. KFin Technologies will act as the registrar to the issue.

With its rich heritage through MTR and Eastern, and a robust financial trajectory, Orkla India IPO 2025 is expected to attract strong investor interest from both retail and institutional categories.

 KuberGrow Insight

At KuberGrow, we see Orkla India IPO 2025 as one of the key consumer-sector listings of the year, reflecting India’s growing appetite for branded food and spice companies. Investors should track listing trends and grey market premiums closely before subscribing.

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