The Milky Mist Dairy Food IPO enters its final subscription day today. The mainboard issue carries a price band of Rs. 133–140 per share and is scheduled to close on August 13. The company has already attracted institutional attention, raising Rs. 465 cr. from anchor investors ahead of the public issue.
Milky Mist operates in value-added dairy products such as paneer, cheese and yoghurt. The IPO is being watched closely because of the company’s expansion plans and exposure to India’s growing packaged-dairy market. Investors will now focus on the final subscription figures and eventual listing performance.
