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The Economic Times
The Economic Times
Debaroti Adhikary

Milky Mist Dairy Food IPO Day 2: Dairy firm's Rs 1,553 crore IPO gets fully subscribed. Check latest GMP

GMP Milky Mist Dairy Food IPO Milky Mist Anand Rathi NSE

The initial public offering (IPO) of Milky Mist Dairy Food was fully subscribed on the second day of bidding on Wednesday, amid a rise in its grey market premium (GMP).

The Rs 1,553-crore public issue received bids for 9.55 crore shares, compared with the 8.18 crore shares on offer, according to NSE data as of 11:15 am. The retail and Non-Institutional Investor (NII) categories were oversubscribed, while the portion reserved for Qualified Institutional Buyers (QIBs) was subscribed 40%.

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