Neutral impactIPO
Milky Mist IPO price band fixed at Rs 133-140 for Rs 1,553-crore IPO; issue opens on August 11
Economic Times 15 hrs ago·6 Aug 2026, 2:30 am
Milky Mist, a prominent player in the Indian dairy industry, has announced the pricing for its upcoming initial public offering (IPO). The company is looking to raise approximately Rs 1,553 crore through this public issue, which will open for subscription on August 11. The price band for the shares has been set between Rs 133 and Rs 140, allowing investors to bid within this range.
For retail investors, the minimum investment required at the upper end of the price band is Rs 14,980, which corresponds to one lot of 107 shares. This IPO presents an opportunity for investors to participate in the growth story of a well-established brand in the FMCG and dairy sector. The issue size and pricing details provide a clear framework for those looking to allocate funds to this offering.
Investors should keep an eye on the market response to the IPO, as well as the company's financial performance and future growth prospects. Understanding the competitive landscape and the company's strategy will be crucial in making an informed investment decision. Stay tuned for further updates on the subscription status and allotment details.
Key takeaways
- Category: IPO.
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