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Milky Mist IPO fully subscribed on Day 2, retail portion booked 1.26 times
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Milky Mist Dairy Food’s ₹1,553-crore IPO was fully subscribed by 10.36 am on Day 2 of the issue.
The retail portion was subscribed 1.26 times, while the non-institutional investors’ (NIIs) quota was booked 1.33 times.
The employee portion was subscribed 2.61 times, while the Qualified Institutional Buyers’ (QIBs) portion was subscribed 0.39 times.
IPO detailsThe 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.