Milky Mist Dairy IPO

Milky Mist Dairy Food IPO is a book-built issue worth Rs 1,553.00 crores, comprising a fresh issue of Rs 1,428.00 crores and an Offer for Sale of Rs 125.00 crores. The IPO opens for subscription on August 11, 2026, and closes on August 13, 2026, with allotment expected on August 14, 2026. The shares are scheduled to list on BSE and NSE on August 18, 2026. The price band is fixed at Rs 133–140 per share, with a lot size of 107 shares requiring a minimum retail investment of Rs 14,980. JM Financial Ltd. is the book-running lead manager, while Kfin Technologies Ltd. is the registrar.

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Milky Mist Dairy IPO Details

Check out the issue details for Milky Mist Dairy IPO as disclosed in SEBI.

Price Band

₹ 133 - 140

Issue Size

1,553.00 Cr.

Issue Type

Book Built

Open

2026-08-11

Close

2026-08-13

Listing Date

2026-08-18

Company Financials

You can get the following financial statements of Milky Mist Dairy as of now.

Milky Mist Dairy Food IPO Details

The details about the Milky Mist Dairy Food IPO are as follows:

  • The issue size of the IPO is Rs 1,553.00 Cr.
  • The price band for Milky Mist Dairy Food IPO is Rs 133 to Rs 140.
  • The shares of Milky Mist Dairy Food IPO will list on BSE and NSE.
  • The latest tentative GMP of Milky Mist Dairy Food IPO is Rs 29.
  • The shares of Milky Mist Dairy Food IPO are subscribed 59.08 Times.

 

Milky Mist Dairy Food IPO Valuation

The approximate valuation of Milky Mist Dairy Food IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 140
Existing Shares (Qty) 66.78 Cr
Fresh Issue Rs 1,428.00 Cr
Market Cap Rs 10777.2 Cr
EPS (FY26) Rs 1.98
PE Ratio 71.42x
Industry PE 52.56x

 

Milky Mist Dairy Food IPO Issue Size

Milky Mist Dairy Food IPO issue size is Rs 1,553.00 Cr.

Issue Amount
Fresh Issue Rs 1,428.00 Cr
Offer For Sale Rs 125.00 Cr

 

Milky Mist Dairy Food IPO Market Lot

An individual can apply for a minimum of 1 lot of 107 shares and a maximum of 13 lots (1391 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 107 Rs 14,980
Retail Maximum 13 1391 Rs 1,94,740

 

Milky Mist Dairy Food IPO Share Offer

The shares of Milky Mist Dairy Food IPO are subscribed 59.08 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Milky Mist Dairy Food IPO GMP (Grey Market Premium)

As on GMP (Tentative)
14 Aug 2026 Rs 29

Milky Mist Dairy Food IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Milky Mist Dairy Food IPO Dates

Find below the dates for Milky Mist Dairy Food IPO

Schedule Date
Basis of Allotment 14 Aug 2026
Refunds 17 Aug 2026
Credit to Demat Account 17 Aug 2026
IPO Listing Date 18 Aug 2026

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 1011.87 1431.65 1803.15 2328.34 3137.41
Total Expenditure 857.38 1235.73 1588.7 2027.3 2713.28
Operating Profit 154.5 195.92 214.46 301.04 424.13
Other Income 2.72 5.02 5.01 4.99 6.01
Interest 40.82 57.98 71.92 85.95 105.57
Depreciation 61.24 78.75 106.65 135.6 168.78
Exceptional Items -4.95 0 0 0 0
Profit Before Tax 50.22 64.21 40.89 84.47 155.78
Provision for Tax 18.47 36.19 22.72 40.71 30.63
Net Profit 31.75 28.02 18.17 43.76 125.15
Adjusted EPS (Rs.) 0.05 0.04 0.03 0.07 0.19

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 3.57 3.57 3.57 128.46 128.46
Total Reserves 149.77 177.79 282.15 200.68 333.98
Borrowings 395.94 626.27 718.24 1030.07 1236
Other N/C liabilities 50.35 77.42 114.12 140.17 151.92
Current liabilities 223.15 307.62 488.39 647.62 818.44
Total Liabilities 822.77 1192.67 1606.47 2147 2668.8
Assets
Net Block 561.01 803.49 1137.73 1330.99 1661.32
Capital WIP 69.02 148.51 95.14 240.69 371.31
Intangible WIP 0 0 0 0 0
Investments 0 0 7.13 7.13 7.13
Loans & Advances 39.89 36.62 29.15 151.05 38.29
Other N/C Assets 1.62 1.34 5.54 2.53 3.22
Current Assets 151.23 202.7 331.78 414.61 587.54
Total Assets 822.77 1192.67 1606.47 2147 2668.8
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2025 Mar 2026
Profit from operations 84.47 155.78
Adjustment 239.35 306.75
Changes in Assets & Liabilities -0.27 -133.62
Tax Paid -14.9 -30.7
Operating Cash Flow 308.65 298.21
Investing Cash Flow -541.56 -464.03
Financing Cash Flow 235.57 162.51
Net Cash Flow 2.65 -3.3

Milky Mist Dairyfoods IPO: Date, Share Price, Review & Details

Milky Mist Dairyfoods Pvt Ltd. is a prominent player in India’s dairy sector, known for producing premium value-added dairy products. Founded in 1985 and headquartered in Perundurai, Tamil Nadu, the company operates an integrated farm-to-retail model, sourcing milk from over 67,000 farmers across South India. Milky Mist holds a strong market position with an estimated 17% share in the private packaged paneer market and is ranked third nationally in cheese production. Its product range includes paneer, curd, yoghurt, and other dairy items sold under brands like Milky Mist, SmartChef, and Capella. The company serves more than 350,000 retail touchpoints across 22 states.

Business Model and Operations

Milky Mist focuses on the production, processing, and distribution of high-quality premium dairy products. Its business operations include milk procurement from a large farmer network, in-house manufacturing with automated processes at its Perundurai facility, and multi-channel distribution through modern trade, traditional outlets, and direct sales channels. The company is product-led, catering to various consumer segments through diversified dairy offerings.

Milky Mist IPO Details (2025)

  • The company filed its Draft Red Herring Prospectus (DRHP) with SEBI on July 21, 2025.

  • The exact IPO open and close dates are to be announced.

  • The IPO is planned as a book-building issue to be listed on BSE and NSE.

  • Axis Capital, IIFL Securities, and JM Financial are the lead managers.

  • The IPO size, issue price, and lot size will be announced closer to the offering date.

Use of IPO Proceeds

Funds raised through the IPO are expected to be used for:

  • Repayment/prepayment of borrowings

  • Expansion and modernisation of the manufacturing facility at Perundurai

  • Deployment of cold chain infrastructure such as visi coolers and ice cream freezers

  • General corporate purposes

What You Can Find on This Page

  • Complete financial statements including Profit & Loss, Balance Sheet, and Cash Flow

  • Shareholding pattern updates and promoter details

  • Ongoing corporate announcements, dividend history, and bonus issues

  • IPO subscription status, allotment updates, and expert reviews

Frequently Asked Questions (FAQs) about Milky Mist Dairyfoods IPO

Q1: When will the Milky Mist Dairyfoods IPO open?
The exact IPO dates are yet to be announced. The company filed its draft prospectus on July 21, 2025.

Q2: What is the IPO size and issue price?
Details about the IPO size, issue price, and lot size will be confirmed closer to the IPO launch.

Q3: What is Milky Mist’s business focus?
Milky Mist operates in the premium dairy products sector, focusing on paneer, curd, yoghurt, and cheese through a farm-to-retail integrated model.

Q4: Who are the lead managers for the IPO?
Axis Capital, IIFL Securities, and JM Financial are managing the IPO.

Q5: How can I stay updated on IPO allotment status?
Allotment status and refund information will be available on the registrar’s website and stock exchange portals post-IPO.

Q6: Where can I find complete financial data and company news?
This page provides updated, detailed financials, shareholding patterns, corporate actions, and latest news on Milky Mist Dairyfoods.

For real-time updates on the Milky Mist Dairyfoods IPO share price, subscription status, financial performance, and company developments, keep visiting this page regularly.

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