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Milky Mist Dairy Food Ltd.

NSE & BSE
ListedListed on 18 Aug 2026+17.9%

₹133–140

₹ 1,145 Cr

107 Shares

₹ 14,231

₹2

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2025-26FY 2024-25
31,383.6423,495.03
66.4552.9
31,450.0923,547.93
27,097.920,444.47
1,584.9875.45
1,270.09460.74

Subscription Details

56.12xTotal
Subscription
8.41x
34.91x
155.83x
12.43x

IPO Timeline

IPO Offer Start

11 Aug 2026

IPO Offer Ends

13 Aug 2026

18 Aug 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company4,968.61
2Financing the capital expenditure requirements in relation to the expansion and modernisation4,692.4
3Deployment of visi coolers, ice cream freezers and chocolate coolers1,553.13
4General corporate purposes2,066.18

Promoters

Sathishkumar TAnitha S

Book Running Lead Managers

JM Financial Ltd.Axis Capital Ltd.IIFL Capital Services Ltd.

Promoter Shareholding

Pre-IPO

98.09%

Promoter stake

Post-IPO

79.51%

Promoter stake

Offered to Public

8,17,98,244

shares

Post Share Capital

61,21,27,347

shares

IPO Registrar

KFIN Technologies Ltd.

About the Company

We are the fastest growing packaged food company (among companies with revenue scale of more than ₹15,000million) in India in terms of revenue, growing at a CAGR of 29.82% from Fiscal 2023 to Fiscal 2025. ( Source:1Lattice Report) We are exclusively focused on value-added products within the dairy market, which areconsidered premium. (Source: 1Lattice Report) We are a product-led company, dedicated to addressing the diverseand emerging consumer needs for the entire day, from breakfast to dinner. Over the years, we have diversified ourproduct categories to include various value-added dairy products, such as cheese, paneer, butter, curd, ghee,yogurt, ice cream, ultra-high temperature (“UHT”) long-shelf life products, and other products, including frozenfoods, ready-to-eat (“RTE”) and ready-to-cook (“RTC”) products, as well as chocolates. We offer our productsunder our umbrella brand ‘Milky Mist’, and sub-brand such as ‘SmartChef’, ‘Capella’, and ‘Misty Lite’, and haverecently acquired brands such as ‘Briyas’ and ‘Asal’.

Use of Proceeds

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company;2. Financing the capital expenditure requirements in relation to the expansion and modernisation of ourPerundurai Manufacturing Facility;3. Deployment of visi coolers, ice cream freezers and chocolate coolers; and4. General corporate purposes.

Milky Mist Dairy Food Ltd. Latest News

News

EQUITY15 Oct 2026 · 16:42

Milky Mist Dairy Food informs about launch of milky mist high protein milk

EQUITY15 Oct 2026 · 14:56

Milky Mist Dairy Food surges on launching new product 'Milky Mist High Protein Milk'

The product is intended to cater to consumers seeking higher protein intake through their everyday diet

COMPANY15 Oct 2026 · 14:39

Milky Mist Dairy Food launches new product 'Milky Mist High Protein Milk'

The product is intended to cater to consumers seeking higher protein intake through their everyday diet

COMPANY1 Oct 2026 · 14:30

Milky Mist Dairy Food commissions 10 MW solar power plant at Arasanoor

The total investment in the 25 MW Solar capacity at Arasanoor now stands at Rs 109.60 crore

EQUITY29 Sept 2026 · 14:53

Milky Mist Dairy Food informs about trading window closure

EQUITY11 Sept 2026 · 09:27

Milky Mist Dairy Food shines on commissioning New Skyr and Greek Yogurt facility in Tamil Nadu

Built with an investment of around Rs 40 crore, the new exclusive plant has a processing capacity of up to 150 tonnes per day

COMPANY11 Sept 2026 · 09:04

Milky Mist Dairy Food commissions New Skyr and Greek Yogurt facility in Tamil Nadu

Built with an investment of around Rs 40 crore, the new exclusive plant has a processing capacity of up to 150 tonnes per day

EQUITY1 Sept 2026 · 17:22

Milky Mist Dairy Food informs about audio recording of conference call

EQUITY18 Aug 2026 · 10:26

Milky Mist Dairy Food lists with 18% premium on the BSE

The scrip is currently trading at Rs. 181.45, up by 41.45 points or 29.61% from its issue price

IPO10 Aug 2026 · 12:25

Milky Mist Dairy Food coming with IPO to raise Rs upto 1635 crore

The issue will open for subscription on August 11, 2026 and will close on August 13, 2026

IPO FAQs

The Milky Mist Dairy Food Ltd. IPO has a total of ₹1,145 crore, calculated at the upper end of the .

The Milky Mist Dairy Food Ltd. IPO is priced at ₹133–140 per share. bids must fall within this , against a of ₹2 per share.

The for the Milky Mist Dairy Food Ltd. IPO is 107 shares, which is also the minimum order quantity — you have to apply for at least 107 shares, and in multiples of 107 beyond that.

The minimum investment in the Milky Mist Dairy Food Ltd. IPO is about ₹14,231 — one lot of 107 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The Milky Mist Dairy Food Ltd. opens on 11 Aug 2026 and closes on 13 Aug 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

Milky Mist Dairy Food Ltd. shares were listed on 18 Aug 2026 on BSE and NSE.

KFIN Technologies Ltd. is the for the Milky Mist Dairy Food Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.

Milky Mist Dairy Food Ltd. IPO shares are listed on BSE and NSE.

Each Milky Mist Dairy Food Ltd. share has a of ₹2.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 98.09% of Milky Mist Dairy Food Ltd. before the IPO, which falls to 79.51% after the issue.

8,17,98,244 shares of Milky Mist Dairy Food Ltd. are being offered to the public in this issue.

The Milky Mist Dairy Food Ltd. IPO has been subscribed 56.12x overall — 155.83x, 34.91x, 8.41x and employees 12.43x.

figures update through the issue period until it closes.

  1. 1.Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company
  2. 2.Financing the capital expenditure requirements in relation to the expansion and modernisation of ourPerundurai Manufacturing Facility
  3. 3.Deployment of visi coolers, ice cream freezers and chocolate coolers
  4. 4.General corporate purposes

JM Financial Ltd., Axis Capital Ltd. and IIFL Capital Services Ltd. are the for the Milky Mist Dairy Food Ltd. IPO.

Pre-apply means placing your Milky Mist Dairy Food Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Milky Mist Dairy Food Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Milky Mist Dairy Food Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.