# Milky Mist IPO booked 42 times on final day, QIBs lead

2026-08-13T08:01:33+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Milky Mist Dairy Food's Rs 1,553-crore IPO was subscribed 42.29 times on the closing day, with qualified institutional buyers (QIBs) leading demand at 112.28 times their allotted portion, reports The Hindu BusinessLine. The non-institutional investors' portion was subscribed 31.57 times, retail 7.01 times and employee portion 10.74 times. The price band is Rs 133-140 per share. The issue, the largest IPO by an Indian dairy company, comprises a fresh issue of Rs 1,428 crore and an OFS of Rs 125 crore. Milky Mist raised Rs 465.3 crore from anchor investors. Proceeds will repay borrowings, expand its Perundurai plant and strengthen cold-chain infrastructure. Listing on BSE and NSE is scheduled for August 18.

## Coverage

- livemint.com <https://www.livemint.com/market/ipo/milky-mist-dairy-food-ipo-day-3-live-gmp-subscription-status-to-review-apply-or-not-11786595602005.html>
- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/milky-mist-ipo-gmp-day-3-subscription-status-live-updates-shiprocket-ipo-day-2-live-news/article71339509.ece>
- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/milky-mist-ipo-subscribed-4229-times-so-far-on-closing-day-qibs-lead-demand/article71340451.ece>

Tags: BSE, grey market premium, IPO, Milky Mist Dairy, NSE, subscription
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