Milky Mist Dairy Food IPO Day 3 Subscription Status: Issue Booked 7.58x so Far

Mumbai, August 13: Milky Mist Dairy Food IPO is seeing a much stronger response as bidding enters its final stretch on Thursday. By 12:29:44 PM on August 13, the ₹1,553 crore issue had been subscribed 7.58 times.

Demand has picked up across the board compared with the first two days. The NII portion is currently the most subscribed among the main investor categories at 15.25 times. QIBs, excluding the anchor portion, have subscribed 6.69 times, while the retail portion has received bids worth 4.79 times the shares reserved for the category.

The IPO opened on August 11 and closes today, August 13. The price band is ₹133 to ₹140 per share.

Milky Mist Dairy Food IPO Day 3 Subscription Status

At the latest reported time, investors had bid for 58,87,03,621 shares against 7,77,07,481 shares offered in the public issue of Milky Mist Dairy Food IPO. That took the overall subscription to 7.58 times.

The issue had also received 14,88,029 applications.

The NII segment has seen particularly strong interest on the final day. Its portion above ₹10 lakh was subscribed 15.76 times, while the portion below ₹10 lakh was subscribed 14.22 times.

The retail category, which has 3,87,75,000 shares on offer, had received bids for 18,57,63,449 shares. In the QIB (Ex Anchor) category, bids stood at 14,82,27,635 shares against 2,21,57,144 shares offered.

The anchor portion is shown separately and is not included in the public issue subscription figure.

Milky Mist Dairy Food Day-Wise Subscription Summary

The pace of bidding has changed quite sharply over the three days. The IPO started with an overall subscription of 0.84 times on Day 1. By the end of Day 2, the figure had moved to 2.29 times. It has now climbed to 7.58 times on Day 3, based on the latest available data.

The Day 3 figures are based on data available as of 12:29:44 PM. The issue remains open for subscription until the close of bidding on August 13.

Milky Mist Dairy Food IPO Timeline

Brief Overview Of The IPO

Milky Mist Dairy Food IPO is a bookbuilding issue of ₹1,553 crore. It includes a fresh issue of 10,20,14,623 shares worth ₹1,428 crore and an offer for sale of 89,28,570 shares worth ₹125 crore.

The company has fixed the price band at ₹133 to ₹140 per share. One lot consists of 107 shares, putting the minimum retail application at ₹14,980 at the upper end of the price band.

An employee reservation of up to 15,74,80 shares is also part of the issue, with eligible employees offered a discount of ₹13 per share to the issue price.

The IPO opened on August 11 and closes on August 13. The basis of allotment is scheduled for August 14, followed by initiation of refunds and credit of shares on August 17. Milky Mist Dairy Food shares are scheduled to list on NSE and BSE on August 18, 2026.

Source:

• https://www.chittorgarh.net/reports/anchor-investor/milky-mist-ipo-anchor-allocation-letter.pdf