Positive impactIPO
Milky Mist IPO Day 3 Live: ₹1,553-crore IPO susbcribed 2.17 times on Day 2, Shiprocket nears full subscription
BusinessLine 1 hr ago·13 Aug 2026, 4:12 am
IPO BusinessLine
The Milky Mist IPO has crossed the ₹1,500-crore mark in its second day of subscription, with bids received totaling 2.17 times the issue size. Meanwhile, the Shiprocket IPO is nearing full subscription, with the issue size now subscribed 1.91 times. These two listings are currently the most active in the market, drawing significant interest from retail investors looking to participate in the current IPO boom.
For investors, the strong response to these issues signals a healthy appetite for new listings, even as broader market sentiment remains cautious. The high subscription levels suggest that the IPO market is resilient and that investors are willing to back companies with strong business models. However, the listing performance will depend on the overall market mood and the valuation of the companies at the time of listing.
Investors should keep a close watch on the grey market premiums for both Milky Mist and Shiprocket, as these often indicate the listing day mood. Additionally, monitoring the broader market trends and the performance of other recent IPOs will provide further context on whether these listings will see a bumper opening or a muted response.
Key takeaways
- Category: IPO.
- AI reads the tone as positive (potentially bullish) for the stock.
Why it matters
A routine update. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
