Dairy-products manufacturer Milky Mist Dairy Food is preparing to launch its Rs. 1,553-cr. IPO on August 11. The price band has been fixed at Rs. 133–140 per share, with the issue scheduled to close on August 13.
The company plans to raise the majority of the capital through a fresh issue, while promoters will also sell a portion of their holdings. The offering is attracting attention because of Milky Mist’s presence in value-added dairy products and its growth in categories such as paneer, cheese and yoghurt.
