Milky Mist Dairy Food Limited announced its initial public offering (IPO) price band at ₹133 to ₹140 per equity share, each with a face value of ₹2. The subscription window for the IPO is scheduled to open on August 11 and close on August 13, 2026. Anchor investor allocations will be completed on August 10, 2026, ahead of the public subscription period, according to livemint.com.
The IPO lot size has been fixed at one share, making it accessible to a wide range of investors including qualified institutional buyers (QIBs), non-institutional investors (NIIs), and retail investors. The company has structured the offering to allow anchor investors to secure allocations before the subscription opens, which is a common practice to ensure early commitments and market confidence. The pricing and allotment details were disclosed on August 6, 2026, as part of the IPO launch process.
This IPO comes at a time when the dairy sector in India is seeing increased investor interest due to rising demand for dairy products and value-added offerings. Milky Mist, known for its dairy food products, is positioning itself to capitalize on this trend by raising capital through the public markets. The price band set aligns with market expectations for dairy companies of similar scale and growth potential, reflecting investor appetite in the sector.
The IPO subscription period will run from August 11 to August 13, with anchor investor allocations finalized on August 10. Investors looking to participate can apply for shares in lots of one, providing flexibility. The company’s filings and price band announcement were made public on August 6, 2026, marking a key milestone in Milky Mist’s public listing journey.