The ₹1,667.5 crore Initial Public Offering (IPO) of Orkla India Ltd., parent company of MTR, will be opening for subscription on Wednesday, October 29.

Price band for the issue has been fixed between ₹695 - ₹730 per share, with 35% of the IPO reserved for retail investors. One lot will involve 20 shares and will entail a minimum investment of ₹14,600 per lot.

The issue will close for subscription on Friday, October 31.

Here are some key risk factors for investors to know before the issue opens for subscription, as highlighted by the company in its Red Herring Prospectus (RHP):

Raw Material Price Volatility and Packaging Costs

Orkla India has highlighted in its RHP that its operations are exposed to significant fluctuations in the prices of raw materials such as chili, turmeric, pepper

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