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MTR Foods parent Orkla India sets IPO price band of 695-730 rupees

Oct 24 (Reuters) - Orkla India, parent of Indian ready-to-eat brand MTR Foods, set a price band of 695 to 730 rupees per share for its initial public offering (IPO), a newspaper advertisement showed on Friday.

The India unit of Norwegian branded consumer goods group Orkla ORK.OL will launch its IPO for retail investors on October 29.

Anchor investors can submit their bids a day earlier, on October 28, the advertisement showed.

 (Reporting by Manvi Pant; Editing by Ronojoy Mazumdar)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))

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