Now Reading: Milky Mist Dairy Food IPO allotment likely today, GMP signals 21% gain
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Milky Mist Dairy Food IPO allotment likely today, GMP signals 21% gain
Milky Mist Dairy Food IPO allotment likely today, GMP signals 21% gain
Bidding for the Milky Mist Dairy Food IPO ended on 13th August 2026, with the public issue subscribed over 56 times. The retail portion was booked 8.41 times, the NII segment 34.91…
The Story in Brief
Bidding for the Milky Mist Dairy Food IPO ended on 13th August 2026, with the public issue subscribed over 56 times. The retail portion was booked 8.41 times, the NII segment 34.91 times, and the QIB portion 155.83 times.
Market observers report the grey market premium (GMP) has risen to Rs 29 per share, about 21% above the upper price band of Rs 140. The allotment is expected on Friday, 14th August. Investors can check status on the BSE or registrar KFin Technologies websites.
The Indian Opinion
The GMP jump from Rs 23 to Rs 29 is the headline grabber, but savvy readers should remember the grey market is unregulated and can mislead. The real test will be the listing day itself. With subscription ratios that high, especially 155 times from QIBs, the underlying question is whether retail euphoria will sustain or fade after the first few minutes of trading.
Source: livemint.com
This story was synthesised by AI from the source linked above.
