Milky Mist Dairy Foods Reduces IPO Size
India’s Milky Mist Dairy Foods announced a reduction in the size of its initial public offering to 15.53 billion rupees, equivalent to US$162.83 million, lowering the target from the previously announced 20.35 billion rupees. According to the red‑herring prospectus released on Tuesday, the offering will consist of new shares amounting to 14.28 billion rupees, while existing shareholders will dispose of shares worth 1.25 billion rupees. The subscription window is scheduled from 11 August to 13 August 2026, and anchor investors are permitted to place bids a day earlier on 10 August 2026.