Temasek-backed Milky Mist Dairy Food MILY.NS set a price band of 133 to 140 rupees per share ($1.40-$1.47) for its downsized initial public offering that launches next week in Mumbai, a filing showed on Thursday.
At the top of the range, the company is seeking a valuation of about 107.78 billion rupees ($1.13 billion), just over half of market leader Hatsun Agro Product's (HAPL.NS) market value of 202.83 billion rupees.
($1 = 95.1100 Indian rupees)
