Orkla India Limited, the owner of MTR Foods, has secured SEBI's approval for its IPO, which involves a complete offer for sale of 22,843,004 equity shares by its Norwegian promoter group. The IPO is expected to raise between Rs 4,000-Rs 5,000 crore, as per earlier reports. Orkla India, based in Bengaluru, offers a diverse range of food products under the MTR brand. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/orkla-india-secures-sebi-approval-for-mtr-foods-ipo-set-to-raise-rs-5000-crore/123902530
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