Orkla India IPO sets dates and price band for listing
Orkla India Limited has received regulatory approvals and filed its red herring prospectus, moving forward with its initial public offering. The offer involves a sale of up to 22,843,004 equity shares, with Orkla Asia Pacific Pte. Ltd., an indirect wholly-owned subsidiary of Orkla ASA, offering up to 20,560,768 equity shares, representing approximately 90% of the total offered shares.
The bid/offer period is scheduled from Wednesday, October 29, 2025, to Friday, October 31, 2025, with the anchor investor bidding date set for Tuesday, October 28, 2025. The price band for the offered shares ranges from a floor price of INR 695 per equity share to a cap price of INR 730 per equity share.
Subject to final listing and trading approvals, trading of Orkla India's equity shares on the Indian stock exchanges is expected to commence on or about Thursday, November 6, 2025. This announcement specifically excludes distribution in the United States, Canada, Australia, or Japan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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