Milky Mist Dairy Food Allotment Expected Today: GMP Indicates 19% Listing—Here’s How to Check Your Status!

The Milky Mist Dairy Food IPO has garnered significant attention as the allotment of shares is expected to be finalized on Friday, just ahead of its stock market debut on the BSE and NSE scheduled for August 18, 2026. Following a successful subscription period from August 11 to August 13, where the issue was oversubscribed 56.12 times overall, investors are eager to verify their allotment status online. With a total issue size of Rs 1,553 crore, the IPO includes a fresh issue of 10.20 crore shares valued at Rs 1,428 crore and an Offer for Sale (OFS) of 89 lakh shares worth Rs 125 crore.

Sentiment in the grey market reflects bullish expectations, with the Milky Mist Dairy Food IPO commanding a Grey Market Premium (GMP) of approximately 19%. This suggests that shares may debut at around Rs 166, well above the upper price band of Rs 140. Such positive sentiment indicates confidence among investors regarding the company’s growth potential and financial performance, especially after it demonstrated a substantial year-on-year revenue increase of 34% in FY26.

For Indian investors, this IPO presents a compelling investment opportunity in the growing packaged food sector, particularly in dairy products, where Milky Mist has established a strong market presence. The company’s focus on expanding its manufacturing capabilities, along with plans for deleveraging and enhancing distribution networks, positions it well for future growth. The strong backing from institutional investors, with the QIB category subscribed 155.83 times, adds to the favorable outlook, making the Milky Mist Dairy Food IPO a noteworthy prospect for those looking to diversify their portfolios in the Indian market.

Source: The Economic Times

(Expert Note: This report was prepared by the Wealthova IPO team.)