Orkla India Ltd, the company behind the popular MTR Foods brand, has officially opened its ₹1,667.54 crore Initial Public Offering (IPO). The IPO will remain open for subscription until October 31, giving investors a window to participate in one of the most anticipated offerings in the packaged food industry this year.

This IPO is entirely an Offer for Sale (OFS), meaning the proceeds will go to existing shareholders rather than the company itself. Orkla India is backed by Norway’s Orkla ASA, a global consumer goods giant with a long-standing presence in the food and beverage sector.

Brokerage opinions on the IPO are divided. SBI Securities has maintained a cautious stance, citing the company’s current valuations and limited fresh capital inflow. On the other hand, Angel One and Anand Rathi have recommended subscribing to the IPO, highlighting strong brand recognition, consistent growth in the packaged food market, and MTR’s leadership in ready-to-eat and spice segments.

Experts believe that Orkla India’s IPO launch reflects the growing investor interest in India’s booming FMCG and packaged food sector, which has seen steady growth post-pandemic. As consumers increasingly shift toward convenience and branded food products, companies like Orkla India are well-positioned to capture long-term value.

Investors are now watching closely to see how the IPO performs in the coming days, with expectations that brand trust, financial stability, and sector growth will play key roles in determining its market success.