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Milky Mist sets ₹1,553 crore IPO to fund dairy capacity and cold chain

Milky Mist will open its ₹1,553 crore IPO on August 11, funding debt repayment, Perundurai dairy-facility expansion and cold-chain equipment. The Erode-based premium dairy brand expects listing on BSE and NSE on August 18.

Newer report , , Mint : Milky Mist Q1 revenue climbs 44% as EBITDA margin expands to 14.9%

Reported figures

From the report. Source details below

  • ₹133-140 per share price band
  • August 13 subscription closing
  • ₹2,035 crore previously planned issue size
  • ₹10,310 crore to ₹10,778 crore post-issue valuation
  • ₹482 crore pre-IPO funding
  • 15% non-institutional allocation

Other figures

  • August 10 anchor bidding
  • ₹1,428 crore fresh issue
  • ₹125 crore OFS
  • 50% QIB allocation

The source

Source Read the source at The Hindu BusinessLine

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