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Orkla India Plans IPO to Access Indian Capital Markets

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Orkla India Plans IPO to Access Indian Capital Markets

Confident Investing Starts Here:

An update from Orkla ASA ( (GB:0FIN) ) is now available.

Orkla ASA is evaluating structural options for its subsidiary, Orkla India Limited, to unlock value by accessing the Indian capital markets. As part of this strategy, Orkla India has filed a draft red herring prospectus with the Securities and Exchange Board of India for a proposed initial public offering of equity shares. The offering will include a significant portion of shares from Orkla Asia Pacific Pte. Ltd., and is subject to regulatory approvals.

The most recent analyst rating on (GB:0FIN) stock is a Buy with a NOK114.00 price target. To see the full list of analyst forecasts on Orkla ASA stock, see the GB:0FIN Stock Forecast page.

More about Orkla ASA

Average Trading Volume: 1,524,097

Current Market Cap: NOK114.6B

See more data about 0FIN stock on TipRanks’ Stock Analysis page.

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