# Milky Mist shares list at 18-30% premium on stock market debut

2026-08-18T07:37:09+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Shares of Milky Mist Dairy Food listed on Tuesday at a premium of up to 30% over their issue price of Rs 140. Times Now reports the listing at Rs 165, an 18% gain, while Hindustan Times says shares hit Rs 181.50, translating to a 29.6% premium and a valuation of $1.5 billion. The IPO, which raised Rs 1,553 crore, was subscribed 56 times overall. Temasek, IFC, and HDFC Mutual Fund were anchor investors. Milky Mist is among India's largest makers of value-added dairy products such as paneer, cheese, and Greek yogurt. Times Now notes analysts flagged risks from competition and distribution challenges as the company expands beyond south India. Hindustan Times says investors were drawn to the strong brand and growth in premium dairy. The company plans to use IPO proceeds to repay Rs 497 crore in debt and expand its Tamil Nadu plant. It expects annual revenue growth of about 30%.

## Indian Opinion Analysis

Times Now and Hindustan Times frame the Milky Mist IPO listing with sharply different debut numbers, 18% versus 29.6% premium. The gap likely arises from the difference between the opening trade price (which Times Now reports as the listing price) and the intraday high (which Hindustan Times seems to cite). Hindustan Times adds the Temasek anchor-investor detail and the $1.5 billion valuation, giving a fuller picture of institutional confidence. Times Now, however, provides a more cautious read by quoting analysts on distribution risks and a fully priced valuation. Together, the coverage suggests a strong but not unqualified debut. The real test will be whether Milky Mist sustains its valuation as it expands beyond its home market.

## Coverage

- timesnownews.com <https://www.timesnownews.com/business-economy/markets/milky-mist-ipo-listing-shares-debut-at-18-premium-over-issue-price-article-155743638>
- hindustantimes.com <https://www.hindustantimes.com/business/milky-mist-dairy-jumps-30-in-market-debut-hits-1-5-billion-valuation-101787043788469.html>

This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources. Last updated 2026-08-18T10:05:14+00:00.

Tags: Anand Rathi, BSE, Milky Mist Dairy Food, NSE, SBI Securities
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