Milky Mist Dairy Food Limited

Total Issue Size

₹1,553 Cr

11,09,43,192 shares

Fresh Issue

₹1,428.02 Cr

10,20,14,622 shares

Offer for Sale

₹124.98 Cr

89,28,570 shares

Face Value

₹2 per share

Issue Type

Book-built IPO

Listing At

BSE, NSE

Shares Pre-Issue

66,78,28,789

Shares Post-Issue

76,98,43,411

1. Offer opens

   11 Aug 2026

2. Offer closes

   13 Aug 2026

3. Allotment

   14 Aug 2026

4. Listing

   18 Aug 2026

• Anchor30.0%3,32,35,713 shares
• QIB20.0%2,21,57,142 shares
• HNI15.0%1,66,17,857 shares
• Retail35.0%3,87,75,000 shares
• Employee0.1%1,57,480 shares

Incorporated in July 2014, Milky Mist Dairy Food Limited is one of India's fastest-growing packaged food companies focused on premium value-added dairy products. The company manufactures and markets a diversified portfolio including cheese, paneer, butter, curd, ghee, yogurt, ice cream, UHT products, frozen foods, ready-to-eat (RTE), ready-to-cook (RTC) foods, and chocolates under its flagship brand 'Milky Mist' and sub-brands such as SmartChef, Capella, Misty Lite, Briyas, and Asal. The company operates an integrated farm-to-consumer business model, directly sourcing milk from farmers and processing it through advanced automated manufacturing facilities. Supported by its own cold-chain logistics network and multi-channel distribution system, Milky Mist serves customers across India while focusing on innovation, premium product offerings, and sustainable manufacturing practices. The company is supported by advanced manufacturing infrastructure, technology-driven processes, experienced management, and a workforce of 1,317 permanent employees across manufacturing, sales & marketing, quality control, and milk collection operations. Strengths One of India's fastest-growing packaged food companies with strong brand recognition in value-added dairy products. Diversified portfolio of premium dairy, frozen foods, RTE, RTC products, and chocolates. Advanced automated manufacturing facilities supported by technology-driven processes. Direct milk sourcing model with strong farmer engagement and procurement network. Extensive multi-channel distribution backed by its own cold-chain logistics infrastructure. Strong focus on sustainability, operational efficiency, and experienced management driving consistent growth.

• Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by Company (₹496.86 Cr)
• Financing the capital expenditure requirements in relation to the expansion and modernisation of Perundurai Manufacturing Facility (₹469.24 Cr)
• Deployment of visi coolers, ice cream freezers and chocolate coolers (₹155.31 Cr)
• General corporate purposes (₹206.62 Cr)
• Issue Expenses (₹108.72 Cr)

• <p>Sathishkumar T
• Anitha S</p>

Book running lead managers

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

Registered office

SF No. 43/1-4,, Pattakaranpalayam,, Perundurai, Erode, Tamil Nadu, 638057

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