Milky Mist Dairy Food IPO
Milky Mist Dairy Food IPO is a mainboard IPO raising ₹1,553 Cr at ₹133 – ₹140 a share. It listed on 18 Aug 2026 at ₹165, +17.9% against its issue price of ₹140, and trades at ₹293 today (+109.1% since issue). It was subscribed 56× in total.
56.1 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 2,33,23,308 | 3,63,45,17,685 | 156× |
| Foreign Institutional Investors | no separate quota | 1,36,47,07,853 | n/a |
| Domestic Financial Institutions | no separate quota | 1,67,73,65,277 | n/a |
| Mutual funds | no separate quota | 27,68,53,940 | n/a |
| Others | no separate quota | 31,55,90,615 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 1,74,92,481 | 61,07,43,267 | 35× |
| Non Institutional Investors | 1,16,61,654 | 43,30,28,037 | 37× |
| Corporates | no separate quota | 1,02,71,358 | n/a |
| Individuals | no separate quota | 40,32,67,164 | n/a |
| Others | no separate quota | 1,94,89,515 | n/a |
| Non Institutional Investors | 58,30,827 | 17,77,15,230 | 30× |
| Corporates | no separate quota | 6,92,611 | n/a |
| Individuals | no separate quota | 17,01,67,343 | n/a |
| Others | no separate quota | 68,55,276 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 4,08,15,789 | 34,30,90,685 | 8.41× |
| Cut Off | no separate quota | 28,98,06,397 | n/a |
| Price bids | no separate quota | 5,32,84,288 | n/a |
| Employees | 1,66,666 | 20,71,199 | 12× |
| Cut Off | no separate quota | 15,87,024 | n/a |
| Price Bids | no separate quota | 4,84,175 | n/a |
| Total | 8,17,98,244 | 4,59,04,22,836 | 56× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 14 Aug, 08:15 am IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 6% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.25 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.