Orkla India IPO opens today
Orkla India Ltd, the maker of MTR Foods, has launched its ₹1,667.54 crore IPO, open till Oct 31. Backed by Norway's Orkla ASA, the offer is entirely an OFS. Brokerages are split, SBI Securities stays cautious, while Angel One and Anand Rathi recommend subscribing, citing strong brands, steady growth, and India's booming packaged food market.