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India · India

Temasek-backed Milky Mist rises nearly 30 percent in India debut

4 sourcesUpdated 18 Aug 2026, 5:13 am Coverage regionsGlobal · India
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Milky Mist Dairy Food shares experienced a strong stock market debut in India.

The stock rose approximately 30 percent over the initial public offering issue price.

The company's valuation reached $1.5 billion following the successful market entry.

Shares listed at 181.5 rupees on the National Stock Exchange of India.

More context

The initial public offering price was set at 140 rupees per share.

The $163 million initial public offering drew strong demand from retail and non-institutional investors.

Institutional backing from Temasek-backed Jongsong Investments supported the company's growth.

Analysts attribute the firm's expansion to a strong revenue compound annual growth rate.

Experts note that the stock's valuation is expensive at roughly 85 times forecasted FY26 earnings.

Current investors are advised to hold with a stop-loss while fresh buyers wait for a market correction.

AGREEMENT VS DISAGREEMENT

What lines up. What splits.

A quick read on shared facts, changing details, and different emphasis.

What coverage agrees on

All reporting sources agree that Milky Mist Dairy Food had a successful stock market debut in India, rising approximately 30 percent above its initial public offering price with backing from Temasek.

What is changing or disputed

It remains uncertain how the stock will perform in the long term given its high valuation, and future market corrections could impact fresh buying opportunities.

HOW COVERAGE DIFFERS

Same story. Different emphasis.

Swipe through the perspectives. Labels describe coverage framing, not truth or quality.

Neutral2

Reporting details the straightforward market mechanics of the initial public offering and subsequent trading debut. Shares opened significantly higher than the issue price on the National Stock Exchange of India. The $163 million offering successfully attracted robust participation from retail and non-institutional investors alike.

STORY TIMELINE

How the coverage developed

The latest eight dated reports, from earliest to newest.

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Read the reporting

Scan each source take, then open the original article.

India Today Neutral framing Provisional rating

Milky Mist share price up 30% after IPO listing: Should investors hold or book profits?

Quick source take

India Today reports that Milky Mist Dairy Food shares experienced a strong stock market debut, rising nearly 30 percent over the IPO issue price of Rs 140. The article outlines expert commentary from Shivani Nyati of Swastika Investmart, who attributes the company's growth to a strong revenue compound annual growth rate and institutional backing from Temasek-backed Jongsong Investments. Nyati cautions that the stock's valuation is now expensive at roughly 85 times FY26 earnings, advising current investors to hold with a stop-loss while fresh buyers wait for a meaningful market correction.

marketscreener.com Neutral framing Reported

Temasek-backed Milky Mist rises about 30% in India debut

Quick source take

Marketscreener reports via Reuters that Temasek-backed Milky Mist Dairy Food rose approximately 30 percent in its Indian trading debut following a $163 million initial public offering that drew strong demand from retail and non-institutional investors. The source states that the stock listed at 181.5 rupees on the National Stock Exchange of India, representing a 29.6 percent premium over its initial public offering price of 140 rupees per share.