Milky Mist Dairy Food Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band
₹133 – ₹140
Lot Size
107 shares
Min. Investment
₹14,980
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

Lot Size & Investment

1 lot = 107 shares

Retail (min)

1 lot · 107 shares

Retail (max)

13 lots · 1,391 shares

S-HNI (min)

14 lots · 1,498 shares

ApplicationLotsSharesAmount
Retail1107₹14,980
Small HNI (S-HNI)141,498₹2,09,720
Big HNI (B-HNI)677,169₹10,03,660

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets2,676.462,150.591,606.26
Total Income3,145.012,354.791,826.86
Profit After Tax127.0146.0719.44
EBITDA435.22310.35222.33
Net Worth378242.77197.05
Reserves & Surplus333.55199.23278.04
Total Borrowing1,671.851,376.381,036.72

Key Performance Indicators

Key performance indicators
PeriodMar-26Mar-25
RoNW (%)33.618.98
EPS (₹)1.9
P/E (pre-issue)73.68
P/E (post-issue)84.85

About Milky Mist Dairy Food Limited

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.

Company Information

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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