Milky Mist Dairy Food IPO Subscription Status
Final figures at close of bidding: 18 Aug 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 164.03x |
| NII | 36.75x |
| sNII (₹2L–₹10L) | 32.08x |
| bNII (above ₹10L) | 39.09x |
| Retail (RII) | 8.86x |
| Employee | 13.15x |
| Total | 59.08x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Employee | Total |
|---|---|---|---|---|---|---|
| Day 1 | 0.41x | 1.65x | 0.63x | 1.01x | 2.19x | 0.84x |
| Day 2 | 0.69x | 5.66x | 2.8x | 2.57x | 5.14x | 2.29x |
| Day 3 | 164.03x | 32.08x | 39.09x | 8.86x | 13.15x | 59.08x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Demand in the Milky Mist Dairy Food IPO accumulated over 3 days of bidding: overall subscription stood at 0.84× at the close of day 1, read 2.29× at the end of day 2, and finished at 59.08× on day 3. On the final day it was qualified institutional buyers (QIB) driving the book, at 164.03× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 3, when the overall multiple moved from 2.29× to 59.08×.
Category detail
The QIB portion ended at 164.03×. Non-institutional investors came in at 36.75×, split 32.08× in the small-NII bucket (bids under ₹10 lakh) and 39.09× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 8.86× the shares reserved for them. Reserved portions ended with the employee quota at 13.15×. That puts qualified institutional buyers (QIB) at the top of the book at 164.03× and retail investors at the bottom at 8.86×.
What the multiple means for allotment
Retail bids ran to about 8.86 times the shares earmarked for the category. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 107 shares — ₹14,980 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Milky Mist Dairy Food IPO open and close?
- The Milky Mist Dairy Food IPO opens on 11 Aug 2026 and closes on 13 Aug 2026.
- How many times was the Milky Mist Dairy Food IPO subscribed?
- The Milky Mist Dairy Food IPO was subscribed 59.08 times in total across all investor categories.
- What is the reservation split in the Milky Mist Dairy Food IPO?
- Of the total shares offered, retail investors get 34.95%, QIBs 19.97% (plus 29.96% anchor), non-institutional investors 14.98%.