Milky Mist Dairy Meals IPO: Bidding for the preliminary public providing (IPO) of Milky Mist Dairy Meals Ltd ended right this moment. The general public challenge obtained a robust response from the first market traders and completed with a whopping variety of purposes. In three days of bidding from eleventh to thirteenth August 2026, the Milky Mist Dairy Food IPO obtained a good response from the first market traders, because the Milky Mist Dairy Food IPO subscription status after day 3 of bidding stands at 56.12 occasions. The gray market is signalling a robust share itemizing, with the Milky Mist Dairy Food IPO GMP (Gray Market Premium) right this moment at ₹22, reflecting a 16% premium over the higher worth band of the Milky Mist Dairy Meals IPO.
Milky Mist Dairy Meals IPO allotment date
After the top of bidding, focus has shifted to the Milky Mist Dairy Meals IPO allotment date, which is most probably on 14th August 2026, as a result of, within the wake of the ‘T+3’ itemizing rule, a public challenge has to listing inside the three commerce days after the top of bidding. So, the most probably Milky Mist Dairy Meals IPO itemizing date is eighteen August 2026.
Milky Mist Dairy Meals IPO GMP right this moment
Based on Investorgain, the corporate shares can be found at a premium of ₹22 within the gray market right this moment. This implies the LEAP India IPO GMP (Gray Market Premium) right this moment is ₹22, round 16% increased than the higher worth band of the book-building challenge.
By 5:00 PM on day 3, the general public challenge had been booked 56.12 occasions, the retail portion had been subscribed 8.40 occasions, whereas the NII section had been stuffed 34.91 occasions. The QIB portion had been subscribed to 155.83 occasions.
Milky Mist Dairy Meals IPO overview
Anand Rathi has assigned an ‘apply’ tag to the general public challenge, saying, “Milky Mist Dairy Meals Ltd, at an implied P/E of 84.9x on FY2026 earnings on the higher worth band. Given its robust income progress, management in key value-added dairy classes and premium positioning, the corporate might command a valuation premium. Nonetheless, the IPO valuation seems absolutely priced on the higher band and therefore, we suggest a “Subscribe – Lengthy Time period” score to the IPO.”
Equivision has additionally assigned a ‘subscribe’ tag to the book-building challenge, saying, “Milky Mist demonstrates robust monetary efficiency, with FY26 income rising 33.58% and revenue surging 175.66%, supported by improved working leverage, value efficiencies and 245.61 million of MAT credit score recognition. The corporate has established robust market positions throughout key classes, together with~19% share in packaged paneer, ~12% in South Indian cheese, ~13% in packaged yogurt and 35-40% in Greek yogurt. Nonetheless, increasing into semi-urban and rural markets could also be difficult because of competitors, distribution and pricing pressures. The corporate is buying and selling at a premium to its friends, which displays its robust progress and market place. Going ahead, continued income progress, higher margins and profitable execution might be vital to justify the valuation.”
SMIF Securities and Sushil Monetary Companies have additionally assigned a ‘subscribe’ tag to the Milky Mist Dairy Meals IPO.
Disclaimer: This story is for academic functions solely. The views and suggestions above are these of particular person analysts or broking firms, not Mint. We advise traders to verify with licensed consultants earlier than making any funding choices.
