Orkla India Limited, the Indian arm of the Norwegian industrial investment conglomerate and the parent of iconic domestic brands MTR Foods, Eastern Condiments and Rasoi Magic is gearing up to launch its initial public offer (IPO) between October 29 and October 31, multiple industry sources in the know told Moneycontrol.

"The red herring prospectus will be filed shortly and the plan is for the deal to be launched for public subscription between October 29 to 31, with the anchor book slated for October 28," said one of the persons above.

A second person confirmed the same timelines.

According to two other persons, the final post-money valuation of the IPO had settled at around Rs 10,000 crore ($1.13 bn) at the higher end of the price band

One of them said the IPO, a complete offer for sa

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