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Milky Mist Dairy Food Ltd.

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

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.