Mumbai, Maharashtra, 6th of August, 2026 : Milky Mist Dairy Food Limited’s Initial Public Offering (IPO) will open for subscription on August 11, 2026, and close on August 13, 2026. The bidding for anchor investors will open on August 10. The company has fixed the price band at ₹133 to ₹140 per equity share, with a face value of ₹2 per share.
Investors can bid for a minimum of 107 equity shares and in multiples of 107 shares thereafter. Eligible employees will receive a discount of ₹13 per equity share under the employee reservation portion.
The issue comprises a fresh issue of equity shares aggregating up to ₹1,428 crore and an Offer for Sale (OFS) of up to ₹125 crore. The company’s equity shares are proposed to be listed on the BSE and NSE, with NSE designated as the stock exchange.
The company said, “The capital raised through the IPO will play a significant role in accelerating the company’s growth plans and expanding its business.” JM Financial, Axis Capital and IIFL Capital Services are the book-running lead managers to the issue. The IPO is being launched through the book-building process, with at least 35% of the net offer reserved for retail investors.
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