Milky Mist IPO to open August 11 with Rs 133-140 price band; raises Rs 465.30 crore via anchor book
Milky Mist's IPO opens Aug 11–13 with a Rs 133–140 price band after a fully subscribed anchor book at the top end, signaling solid institutional demand. Proceeds are primarily earmarked for debt reduction and capacity expansion, which may improve balance-sheet resilience and operating leverage. The development is largely idiosyncratic and should have limited broader market spillover beyond near-term Indian primary-market liquidity and sentiment.
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Milky Mist Dairy Food Ltd’s IPO will be open for subscription from August 11 to August 13, with a price band of Rs 133 to Rs 140 per share. In the anchor round, institutions subscribed above the available shares and the company allotted 3.32 crore shares at Rs 140, raising Rs 465.30 crore. Zulia Investments led the anchor allocation with 1.14 crore shares, making it the largest anchor investor.