Orkla India IPO, Oct. 27 -- The initial public offering (IPO) of Orkla India, which owns spices and condiments brands MTR and Eastern, is set to hit the Indian primary market later this week.
Orkla India IPO price band has been fixed at Rs.695-730 per share, valuing the company around Rs.10,000 crore at the upper end of the issue.
Ahead of the opening of the IPO, here are key things that investors must know from the RHP:
Orkla India IPO will open for bidding on October 29 and close on October 31. The shares of Orkla India IPO are expected to list on the bourses on November 6.
The issue is entirely an offer for sale of up to 22,843,004 shares by the promoter and other selling shareholders of the company.
Since Orkla India IPO is entir...
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