New Delhi, Oct. 28 -- Orkla India IPO opens for subscription on tomorrow (Wednesday, October 29). Orkla India, formerly known as MTR Foods, is a multifaceted food company located in India. It produces various products such as spices and masalas, ready-to-eat meals, sweets, and breakfast mixes, which are marketed under popular brands including MTR, Rasoi Magic, and Eastern. Orkla India IPO GMP today is Rs.84.

The company's products are sold under the MTR and Eastern brands. According to a Technopak report, the packaged food market in India was valued at Rs.10,180 billion in fiscal 2024, reflecting a compound annual growth rate (CAGR) of 10.8 percent since Fiscal 2019.

As outlined in the red herring prospectus (RHP), the company's only co...