New Delhi, Aug. 12 -- Milky Mist IPO, which opened on Tuesday, 11 August, has gained strong response from investors. The mainboard IPO will remain open for bidding till Thursday, 13 August.

Before opening, Milky Mist Dairy Food had raised Rs.465.30 crore from anchor investors on Monday. The company allotted 3.32 crore equity shares to anchor investors at Rs.140 per share, which is the upper end of its IPO price band, according to a circular available on the BSE website.

Milky Mist IPO was subscribed 1.15 times so far on the second day of bidding, with investors placing bids for shares against the 6,48,30,230 shares available in the issue.

The Retail Individual Investors (RIIs) segment witnessed comparatively stronger interest, with the...