New Delhi, Aug. 5 -- Milky Mist Dairy Food, the Tamil Nadu-based value-added dairy products manufacturer backed by Temasek Holdings, is set to launch its Rs.1,553-crore initial public offering (IPO) on 11 August, with the price band expected to be announced in the coming few days.

Milky Mist Dairy Food IPO will remain open for subscription from 11 August to 13 August, according to the red herring prospectus (RHP). The one-day anchor book will open on 10 August.

The allotment basis is expected to be finalised on 14 August, and the shares are likely to list on the stock exchanges on 18 August.

Founded in Tamil Nadu, Milky Mist focuses exclusively on value-added dairy products and sells its portfolio under the Milky Mist brand, as well as...