With strong anchor backing and heritage brands MTR and Eastern, the company aims to scale its global footprint.
Orkla India Launches IPO to Strengthen Its Growth Journey
Bengaluru, October 29, 2025:
Orkla India Limited, a leading Bengaluru-based multi-category food company, has launched its Initial Public Offering (IPO), marking a significant milestone in its growth journey. The IPO opened for subscription on October 29, 2025, and will close on October 31, 2025. The company’s shares are scheduled to list on the Indian stock exchanges on November 6, 2025.
The public issue follows a highly successful anchor investment round, which garnered ₹500 crore from reputed investors such as Nippon Life India, Aditya Birla Sun Life AMC, Ashoka WhiteOak, Nomura Funds, Government Pension Fund Global, Jupiter Global Fund, and Pinebridge Global Funds. On the opening day itself, the Non-Institutional Investor (NII) and Employee Reserve categories were fully subscribed, reflecting strong investor enthusiasm.
Formerly known as MTR Foods, Orkla India has established itself as one of the country’s foremost packaged food brands with a legacy spanning nearly a century. Through its flagship labels MTR and Eastern, the company offers a diverse portfolio across spices, ready-to-cook, ready-to-eat, and vermicelli categories—deeply rooted in authentic South Indian culinary traditions.
According to a Technopak report, Orkla India ranked among the top four Indian food companies by revenue in FY24 and held around 22.2% share in branded spice exports. The company exports to 45 countries, with international markets contributing 20.6% (₹4,861.7 million) of FY25 revenue.
With a robust distribution network of 834 distributors and 1,888 sub-distributors, supported by nine manufacturing facilities across India, Orkla India continues to expand its reach.
A subsidiary of Orkla ASA, a Norway-based industrial investment major with a 370-year legacy and group revenues of US$6.2 billion in 2024, the company leverages global expertise in governance, sustainability, and innovation to strengthen its leadership in the Indian food sector.
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