Multi-category food maker Orkla India, which owns the MTR and Eastern brands, is tapping the domestic market with a ₹1,667-crore public issue (October 29–31). Shares are being offered in a price band of ₹695–₹730 in this 100 per cent Offer for Sale of up to 2.28 crore shares by existing shareholders, valuing the company at an implied m-cap of around ₹10,000 crore. Norwegian promoter Orkla ASA will hold 75 per cent post-listing, while the Meeran brothers are also diluting their stake through the offer.At the ...