Milky Mist IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.41 | 0.69 | 164.03 |
| NII | 0.97 | 3.75 | 36.75 |
| bNII | 0.63 | 2.80 | 39.09 |
| sNII | 1.65 | 5.66 | 32.08 |
| RII | 1.01 | 2.57 | 8.86 |
| EMP | 2.19 | 5.14 | 13.14 |
| Total | 0.84 | 2.29 | 59.08 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Milky Mist IPO minimum market lot is 107 shares with ₹14,980 application amount. The Milky Mist IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
Business Overview
Milky Mist Dairy Food is one of the leading dairy and frozen food products companies in India. The company is involved in the production and distribution of dairy products, including curd, ghee, butter, cheese, yogurt, ice cream, UHT long shelf life products, chocolates, and sweetened condensed milk. Incorporated in 2014, the company started with packaged paneer in India, and then decided to expand the business with other dairy products.
The firm operates its business on a farm-to-retail supply chain model. They source raw milk directly from the 67,615 farmers across 22 districts in Tamil Nadu, Andhra Pradesh, and Karnataka. One of its manufacturing facilities is situated in Bengaluru, Karnataka, and is used for storing frozen products such as ready-to-eat and ready-to-cook items.
Milky Mist IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Milky Mist IPO Review and Rating
- May Apply For Long-term View
Milky Mist IPO Form
How to apply for the Milky Mist IPO? You can apply for Milky Mist IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Milky Mist IPO in the Invest section. The other option is you can apply for Milky Mist IPO via IPO forms downloaded online. Check out the Milky Mist forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
