Orkla India IPO

Orkla India Limited is a leading multi-category Indian food company deeply rooted in authentic South Indian cuisine. Through its brands MTR Eastern Condiments, and Rasoi Magic. The company offers a diverse portfolio of 400+ products across spices and convenience foods, catering to every meal occasion, from breakfast mixes and ready-to-cook meals to blended masalas and condiments.

With decades of experience, the company has established itself among the top 4 players in India’s packaged food segment by revenue in FY24. Its core markets include Karnataka, Kerala, Andhra Pradesh and Telangana.

The company has a strong international footprint, exporting to 40+ countries and contributing 20.6% of FY25 revenues from global markets, led by the GCC region, the US, and Canada. It operates nine manufacturing facilities in India with a total installed capacity of 182,270 TPA, supported by a vast network of 843 distributors and 1,800 sub-distributors. A subsidiary of Norway-based Orkla ASA, the company leverages its parent company’s global governance and innovation standards to maintain food quality, safety, and operational excellence.

The company received the SEBI approval for IPO in September 2025. The IPO will be a complete offer-for-sale of up to 2.28 crore equity shares. Its book running lead managers are ICICI Securities Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, and Kotak Mahindra Capital Company Limited.