Milky Mist Dairy Food Limited has allotted 3,32,35,713 equity shares to 19 anchor investors and raised approximately ₹465.29 crore ahead of the company’s proposed IPO at the upper price band of ₹140 per equity share (including share premium of ₹138/- per equity share)
Out of the total allocation of 3,32,35,713 equity shares to the anchor investors, 1,53,78,056 equity shares were allocated to 9 domestic Mutual Funds applying through 13 schemes.
The anchor book saw participation from a diverse set of marquee international and domestic investors, including Zulia Investments PTE Ltd (subsidiary of Temasek) and the International Finance Corporation (IFC). Other participants include Nippon MF, HDFC MF, ICICI Pru MF, 360 One, White Oak, Invesco MF, Motilal Oswal MF, Edelweiss MF, HSBC MF, Trust MF, and Union Small Cap Fund.
JM Financial Limited,Axis Capital Limited and IIFL Capital Services Limited are the Book Running Lead Managers to the issue.
