India's Milky Mist cuts IPO size to $163M ahead of August launch Dairy firm to issue new shares worth $150M in revised offering5 August 2026 5 August 2026 1 minute read 1 minute read By: By: Global Ag Media AsiaIndia's Milky Mist Dairy Foods said on Tuesday it has cut the size of its initial public offering to 15.53 billion rupees ($162.83 million), with the offering set to launch next week, reported Reuters. It was earlier targetting an IPO worth 20.35 billion rupees. The company will issue new shares worth 14.28 billion rupees, while existing shareholders will sell shares worth 1.25 billion rupees, a red herring prospectus showed late Tuesday. The IPO will run from August 11 to 13, while anchor investors will get to bid a day earlier on August 10. ($1 = 95.3775 Indian rupees)