Orkla India, the parent of MTR Foods, has set an IPO price band of 695-730 rupees per share, aiming for a valuation of 100 billion rupees. The company will launch its offering for retail investors on October 29, with anchor investor bids starting a day earlier. Existing shareholders will sell over 21 million shares in the offering.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets