480 million rupees, combining new and old shares, is Milky Mist gearing up for an IPO?

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Temasek Unit Backs Milky Mist in $50.8M Pre-IPO Round
Milky Mist Dairy Food, an India-based dairy products maker, raised approximately 4.8 billion rupees (US$50.8 million) in a pre-IPO funding round led by Jongsong Investments, an indirect unit of Temasek Holdings. The round combines new share issuance and promoter share sales ahead of the company's
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