Milky Mist Dairy Food has allotted about 3.32 crore equity shares to 19 anchor investors and raised about ₹465 crore ahead of the company’s proposed initial public offering (IPO). The shares were allotted at the upper price band of ₹140 per equity share.Out of the total allocation, about 1.54 crore equity shares were allocated to 9 domestic mutual funds applying through 13 schemes.The anchor book saw participation from Zulia Investments PTE (subsidiary of Temasek) and the International Finance Corporation. 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, Axis Capital and IIFL Capital Services were the Book Running Lead Managers to the issue.Published on August 10, 2026