The Milky Mist Dairy Food IPO is scheduled to list on the NSE and BSE on August 18, 2026, following a strong response from investors. The public issue was subscribed 56.12 times overall, with Qualified Institutional Buyers (QIBs) leading demand at 155.83 times.
The Non-Institutional Investor (NII) category was subscribed 34.91 times, while the Retail Individual Investor (RII) portion received 8.41 times subscription.
Milky Mist Dairy Food IPO GMP
The grey market premium (GMP) for Milky Mist Dairy Food stood at ₹19.50 per share on August 17, 2026, at 12:30 p.m.
Against the upper issue price of ₹140 per share, the prevailing GMP indicates an estimated listing price of approximately ₹159.50. This represents a potential gain of around 13.93% over the issue price.
However, GMP is an unofficial and unregulated indicator and does not guarantee the actual listing price on the stock exchanges.
Expected Listing Price
Based on the latest GMP and the IPO’s upper price band:
- IPO upper price band: ₹140 per share
- Latest GMP: ₹19.50 per share
- Estimated listing price: ₹159.50 per share
- Potential listing gain: 13.93%
The GMP has moderated from ₹22.50 on August 11 to ₹19.50 on August 17, indicating some cooling in grey-market expectations ahead of the listing.
What Does the GMP Indicate?
The latest GMP suggests positive sentiment toward the upcoming stock-market debut. If the current premium holds, Milky Mist Dairy Food could potentially list above its issue price.
However, the actual listing price can differ considerably from the GMP-based estimate. Factors such as overall market conditions, investor demand, company-specific sentiment and buying and selling activity on the listing day can influence the stock’s debut.
Investors should therefore treat GMP only as an informal market indicator rather than a reliable prediction of the listing price.
IPO Subscription Status
The Milky Mist Dairy Food IPO received strong demand across all major investor categories and was subscribed 56.12 times by the close of bidding on August 13, 2026.
| Investor Category | Subscription |
|---|---|
| QIB | 155.83x |
| NII | 34.91x |
| RII | 8.41x |
| Overall | 56.12x |
The QIB category recorded the strongest demand, with subscriptions reaching 155.83 times the shares available. The NII portion was subscribed 34.91 times, while retail investors subscribed 8.41 times.
The strong institutional participation and positive GMP will remain key factors for investors to watch as Milky Mist Dairy Food makes its market debut.
Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Investors should conduct their own research or consult a qualified financial adviser before making investment decisions. Investments in securities markets are subject to market risks.
