India ·
Milky Mist lists at an 18% premium, turning Temasek's flat pre-IPO mark into a paper gain
The dairy maker's shares debuted at ₹165 against the ₹140 issue price and climbed as high as ₹181.50 intraday, turning Temasek unit Jongsong Investments' April pre-IPO entry at ₹139.76/share — priced almost exactly at the IPO band's ceiling a week earlier — into a real premium rather than a flat mark.
Source: Business Standard ↗
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