Milky Mist shares rise 127% from IPO price as five recent listings more than double
Milky Mist Dairy Food shares rose 127% from their ₹140 issue price to around ₹318, while about 97.5% of revenue comes from milk products and 2.5% from foods. Analyst Arun Kejriwal cautioned that valuations across the five IPO multibaggers may have outpaced business fundamentals.
Read the source at Mint · MarketsThe numbers
Figures in the source more than 100%₹429₹1,586.35270%₹485₹1,288.40166%₹212₹492.35132%₹285124%4 Septembermore than 76%30 Julynearly 45%14 Augustmore than 34%18 Augustnearly 18%around 7%5%five- to seven-year
Why it matters to operators and investors
Milky Mist’s sharp post-IPO gain may offer a public-market valuation reference for consumer and dairy deals, though it should be weighed against underlying business fundamentals.
What to watch next
- Quarterly revenue growth, margins and commentary on milk procurement costs
- Trading volume and price stability relative to the current level near ₹318 and the ₹140 issue price
- Valuation changes and earnings revisions for recent IPO multibaggers
- Subscription demand, issue pricing and post-listing performance of upcoming consumer and food IPOs
- Any disclosed lock-in expiries or sizable shareholder sales
Likely next moves
The desk's read of what comes next — analysis, not reported by the source.
- Compare Milky Mist’s valuation with its earnings growth and listed dairy peers before treating the post-IPO rise as evidence of improved fundamentals.
- Track revenue mix, milk procurement costs, gross margins and cash generation in the company’s next results.
- For upcoming IPOs, assess issue pricing and business performance separately from recent listing gains.
The counter-case
A 127% gain from the IPO price shows strong post-listing demand, not proof that the valuation is justified. The warning about fundamentals is generic unless tied to Milky Mist's earnings, cash flow, margins, debt, and valuation; the stock could still be fairly priced or overvalued.