Overview
- Up to 2.28 crore shares are on offer for ₹695–₹730 each, targeting ₹1,667.54 crore and valuing the company at roughly ₹10,000 crore at the top end.
- Orkla Asia Pacific plans to sell about 20.5–20.6 million shares, with Navas and Feroz Meeran offloading smaller tranches, taking promoters from roughly 90% to near 75%.
- Anchor bidding is set for Oct. 28, the public window runs Oct. 29–31, and the stock is tentatively slated to list on BSE and NSE around Nov. 6 after early‑November allotment.
- For FY25, Orkla India reported revenue of ₹2,455.24 crore and net profit of ₹255.69 crore, per its red‑herring prospectus.
- Grey‑market trackers indicate an unofficial ₹60–₹80 premium ahead of the launch, while ICICI Securities, Citigroup, JP Morgan and Kotak lead the issue and KFin is registrar.