Milky Mist Dairy Food has raised ₹465.29 crore from anchor investors ahead of its initial public offering (IPO), which opens for subscription on Tuesday, August 11. The company has allotted 3,32,35,713 equity shares to 19 anchor investors at the upper price band of ₹140 per share, including a share premium of ₹138 per equity share. The bidding for the anchor portion concluded on Monday, August 10, according to the exchange filing.
The anchor book saw participation from international and domestic investors, including Zulia Investments PTE Ltd, a subsidiary of Temasek, and the International Finance Corporation (IFC). Other marquee investors in the anchor book included Nippon Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, 360 One, White Oak, Invesco Mutual Fund, Motilal Oswal Mutual Fund, Edelweiss Mutual Fund, HSBC Mutual Fund, Trust Mutual Fund and Union Small Cap Fund.
