Dairy firm Milky Mist saw a robust entry into the stock market this Tuesday. Its shares opened at ₹165, marking an 18% increase over the IPO price of ₹140. The total IPO size was ₹1,553 crore, which included a fresh issue of ₹1,428 crore and a ₹125-crore offer for sale from the promoters. The offering, which was priced between ₹133 and ₹140 per share, saw a subscription rate of 56.12 times between August 11 and August 13.

by shortkt.com✓

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