Published • loading... • Updated
Milky Mist Dairy Food Shares List at 18% Premium over IPO Price
The Rs 1,553-crore issue drew strong demand, with qualified institutional buyers bidding 155.83 times and retail investors 8.41 times.
- On Tuesday, August 18, 2026, Milky Mist Dairy Food listed at Rs 165 per share, gaining 17.86 per cent following a 56.12 times subscription for the Rs 1,553-crore public issue that concluded Thursday.
- Founded in Erode, Tamil Nadu, Milky Mist focuses on value-added dairy products including paneer, cheese, yoghurt, and ice cream. The company plans to deploy IPO proceeds to repay debt and modernize its Perundurai manufacturing facility.
- The Qualified Institutional Buyers category was subscribed 155.83 times, while anchor investors including Temasek and the International Finance Corporation contributed 4.65 billion rupees ahead of the offering.
- Kranthi Bathini, director of equity strategy at WealthMills Securities, noted investors were drawn to Milky Mist's strong brand and presence in fast-growing value-added dairy categories amid growing consumer interest in premium products.
- India's primary market is experiencing a revival, with 26 IPOs launched or announced since July, though analysts suggest investors are becoming increasingly selective regarding valuations and revenue model sustainability.
Insights by Ground AI
13 Articles
13 Articles
Milky Mist Share Price Live: Debuts at ₹165 on NSE, BSE, marking 18% premium, hits upper circuit
Milky Mist IPO listing today, Milky Mist share price live updates: Shares of Milky Mist debuted on bourses today. Check the listing price, trading data, IPO details, anchor portion and more. Temasek-backed Milky Mist debuted at nearly 18% premium on NSE and BSE on Tuesday. The stock then zoomed to hit the upper circuit of ₹181.50 and ₹181.45 on the NSE and BSE, respectively. Follow our stock market live here | Stay tuned to businessline for more
·Chennai, India
Read Full Article
Coverage Details
Total News Sources13
Leaning Left0Leaning Right6Center3Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
Factuality
To view factuality data please Upgrade to Premium
