Milky Mist debuts at premium
Milky Mist Dairy Food successfully debuted on the Indian stock exchanges, opening at a premium of ₹165 against its issue price of ₹140. The company, which has seen significant investment from Temasek, reported a turnover of ₹3,200 crore for the 2026 fiscal year.
Why it matters
The successful IPO reflects strong investor confidence in the Indian dairy and consumer goods sector.
Erode-based Milky Mist Dairy Food that went for an Initial Public Offering to raise ₹1,533 crore was listed on the BSE and NSE at a premium on Tuesday.
The public offering opened on August 11 and closed on August 13 offering shares in the price bracket ₹133 – ₹140 each. The company debuted at ₹165 and closed at ₹181.45 on Tuesday on the BSE.
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