Tamil Nadu-based dairy products maker Milky Mist has reduced its IPO size to ₹1,553 crore from the earlier planned ₹2,035 crore following a pre-IPO stake sale to a subsidiary of Singapore's Temasek. It has fixed the price band for its downsized IPO at ₹133-140 per share. The issue will open for subscription on August 11 and close on August 13.