Milky Mist Dairy Foods’ Rs 1,553-crore initial public offering (IPO) will close for subscription on Thursday, August 13.

The IPO was fully subscribed on Wednesday, the second day of three-day bidding, with strong demand from non-institutional and retail investors.

The company has fixed the price band at Rs 133-140 per equity share, with a face value of Rs 2 per share.

Investors can bid for a minimum of 107 equity shares and in multiples of 107 thereafter.

At the upper end of the price band, the minimum investment is Rs 14,980.