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.

Subscription for the public issue for the second day will open at 10:00 IST during Wednesday's deals.

On the first day of bidding, as of 5 pm, the Milky Mist Dairy Food IPO was subscribed 79% overall, with investors placing bids for shares against the 6,48,30,230 shares...