Temasek-backed Milky Mist Dairy Food's (MILY.NS) nearly $163 million initial public offering was fully subscribed on the second day of a three-day bidding process on Wednesday, led by retail and non-institutional investors.
The dairy products maker received bids for 86.88 million shares as of 10:48 a.m. IST, 1.06 times the 81.80 million shares on offer, exchange data showed.
($1 = 95.3000 Indian rupees)
