India, Aug. 18 -- Milky Mist Food Diary shares made a strong debut on the Indian stock market on Tuesday, August 18, with the stock listing at Rs 165 per share on both the NSE and BSE. The listing price represented a 17.86% premium over the IPO price of Rs 140. The company's Rs 1,553-crore initial public offering (IPO) received strong investor demand during its three-day subscription period from August 11 to August 13, with the issue subscribed 56.12 times overall.

How Did Milky Mist Food Diary Shares Perform On Listing Day?

Milky Mist shares opened at Rs 165 on both the NSE and BSE, compared with the IPO price of Rs 140. This translated into a listing gain of Rs 25 per share, or 17.86%, for IPO allottees. The debut was slightly better ...