Milky Mist Dairy Food & JM Financial

Milky Mist Dairy Food: The company successfully listed on stock exchanges with a strong premium, raising capital for expansion and debt repayment. Its shares traded up nearly 30% on debut, reflecting positive market reception.

JM Financial: As a book-running lead manager, JM Financial successfully managed the IPO, enhancing its reputation in the capital markets.

Milky Mist Dairy Food: The company is the issuer of the IPO, raising Rs 1,553 crore to fund expansion and debt reduction. Strong subscription and positive GMP signal favorable market reception, potentially leading to a successful listing.

JM Financial: As a book-running lead manager, JM Financial earns fees and enhances its reputation. Successful IPO execution benefits its investment banking business.

Milky Mist Dairy Food: Dairy company planning Rs 1,553 crore IPO, tapping into consumer demand.

JM Financial: Book-running lead manager for LEAP India IPO.

Milky Mist Dairy Food: Milky Mist Dairy Food raised approximately ₹482 crore in a pre-IPO funding round, strengthening its balance sheet and supporting future expansion and IPO plans. The company's valuation was set at ₹9,300 crore post-money.

JM Financial: JM Financial was appointed as a book-running lead manager for Milky Mist Dairy Food's proposed IPO.