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'MNCs come to India to take part in consumption story'
The Times Of India· 2025-10-25 08:58
Sanjay Sharma, MD, Orkla IndiaThe listing scheduled for Nov 6 will mark the market debut by a foreign owned Indian food company after quite some time. Orkla India, the local unit of Norway's Orkla ASA is seeking a valuation of Rs 10,000 crore at the upper end of the IPO price band set at Rs 730 per share. The Rs 1,667 crore IPO which will open next week is entirely an offer for sale (OFS) of up to 2.2 crore shares. Orkla ASA and (IPO) selling shareholder Orkla Asia Pacific jointly hold about 90% stake in th ...