Milky Mist IPO Subscribed over 2x on Day 2; Latest GMP Here

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Temasek-backed Milky Mist's $163 million IPO fully subscribed on second ...

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Milky Mist IPO subscribed over 2x on Day 2; latest GMP here

The initial public offering (IPO) of Milky Mist Dairy Food, backed by Singapore-based investment firm Temasek, was subscribed 2.17 times on the second day of bidding as of 5:00 pm on August 12, according to data from the National Stock Exchange (NSE).

Milky Mist IPO fully subscribed on Day 2, retail portion booked 1.26 times

The IPO will close on August 13, with the price band fixed at ₹133-140 per share; The issue comprises a fresh issue of up to ₹1,428 crore and an offer-for-sale (OFS) of up to ₹125 crore

Milky Mist IPO Day 2: Issue subscribed 79% so far. Here's GMP, size, & other key details - Apply or not?

Milky Mist IPO GMP today stands at ₹22.50. Based on the upper end of the IPO price band and the prevailing grey market premium, the estimated listing price of Milky Mist Dairy Food shares is ₹162.50 apiece