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Milky Mist Dairy Food will launch its ₹1,553-crore IPO on 11 August, with subscriptions open until 13 August. The company has reported a significant increase in profit and plans to use IPO proceeds to repay debt and expand facilities.
Milky Mist IPO to open on 11 August; cuts issue size by ₹482 crore
Impact Score
Market Sentiment
↑BullishPrimary Sectors
Milky Mist Dairy Food will launch its ₹1,553-crore IPO on 11 August, with subscriptions open until 13 August. The company has reported a significant increase in profit and plans to use IPO proceeds to repay debt and expand facilities.
Key Highlights
Milky Mist Dairy Food will launch its ₹1,553-crore IPO on 11 August, with subscriptions open until 13 August.
The company has reported a significant increase in profit and plans to use IPO proceeds to repay debt and expand facilities..
Source
Livemint
Published
2h ago
Impact Score
75 / 100
Category
Capital Markets
Positive near-term momentum expected in Capital Markets as market digests this development.
What this means
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