Orkla India, the parent company of packaged foods brand MTR Foods, is set to open its initial public offering (IPO) for subscription on October 29. After its three-day subscription period, the issue will close on October 31.

Let’s take a look at the key factors to watch out for this upcoming ipo –

Orkla India IPO: Issue size and type

The Orkla IPO is a book-built offer for sale (OFS) of Rs 1,667.54 crore, comprising 2.28 crore shares. The company will not receive any proceeds from the sale. The funds will go to the selling shareholders, including Orkla Asia Pacific, Navas Meeran, and Feroz Meeran.

Orkla India IPO: Price band and lot size

The IPO price band is set between Rs 695-730 per share. Each application must be for a lot of 20 shares, requiring a minimum investment of Rs

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