Orkla India’s Rs 1,667 cr IPO to open on Oct 29; targets valuation of Rs 10,000 cr

NEW DELHI: (Oct 24) Orkla India, which owns spices and condiments brands MTR and Eastern, on Friday fixed a price band of Rs 695-730 per share, aiming for a valuation of around Rs 10,000 crore at the upper end.

The company’s Rs 1,667 crore Initial Public Offering (IPO) will open for public subscription on October 29 and conclude on October 31, according to a public announcement.

Anchor investors can submit their bids on October 28.

Source: PTI News

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