Milky Mist Dairy Food IPO is a book build issue of 11,09,43,193 shares (₹1,553.00 Cr.). The issue is a combination of a fresh issue of 10,20,14,623 shares (₹1,428.00 Cr.) and an offer for sale of 89,28,570 shares (₹125.00 Cr.).
The Milky Mist Dairy Food IPO will open on August 11, 2026, and close on August 13, 2026. The price band for the IPO is fixed at ₹133 to ₹140 per share. The minimum application size is 1 lot (107 shares), requiring a retail investor to invest at least ₹14,980 (based on the upper price band).
Milky Mist Dairy Food IPO Details
| Open Date | August 11, 2026 |
| Close Date | August 13, 2026 |
| Issue Type | Book Building Issue |
| Face Value | ₹2.00 Equity Share |
| Price Band | ₹133.00 – ₹140.00 Per Share |
| Listing On | BSE, NSE |
| Issue Size | ₹1,553.00 Cr. (11,09,43,193 Shares) |
| Fresh Issue | ₹1,428.00 Cr. (10,20,14,623 Shares) |
| Offer For Sale | ₹125.00 Cr. (89,28,570 Shares) |
| Prospectus | RHP | Anchor Investors |
Milky Mist Dairy Food IPO Reservation
A total of 11,09,43,193 shares are on offer in the Milky Mist Dairy Food IPO, of which 5,54,71,596 shares have been allotted to QIBs, 1,66,41,479 shares to NIIs, and 3,88,30,118 shares to RIIs.
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB | 50.00% | 5,54,71,596 |
| NII | 15.00% | 1,66,41,479 |
| RII | 35.00% | 3,88,30,118 |
| Total | 100.00% | 11,09,43,193 |
Milky Mist Dairy Food IPO Market Lot
Retail investors can apply for the Milky Mist Dairy Food IPO minimum 1 lot of 107 shares for an application amount of ₹14,980 and maximum 13 lots of 1,391 shares for an amount of ₹1,94,740.
| Application | Lot | Shares | Amount |
| Retail Minimum | 1 | 107 | ₹14,980 |
| Retail Maximum | 13 | 1,391 | ₹1,94,740 |
| S-HNI Minimum | 14 | 1,498 | ₹2,09,720 |
| S-HNI Maximum | 67 | 7,062 | ₹9,88,680 |
| B- HNI Minimum | 68 | 7,169 | ₹10,03,660 |
Key Performance Indicator
| KPI [March 31, 2026] | Value |
| Market Capitalisation | ₹10,777.81 Cr. |
| P/E Ratio | — |
| EPS | ₹1.90 |
| ROE | 32.12% |
| ROCE | 11.73% |
| RoNW | 33.60% |
| Dept/Equity | 3.61 |
| EBITDA Margin | 13.87% |
| PAT Margin | 4.05% |
| Net Assets Value | ₹5.87 |
| Price To Book Value | — |
Milky Mist Dairy Food IPO Peer Comparison
| Company | P/E | EPS | RoNW | NAV |
| Bikaji Foods International Limited | 91.56x | ₹10.31 | 14.52% | ₹64.03 |
| Britannia Industries Limited | 65.05x | ₹105.18 | 50.02% | ₹212.01 |
| Dodla Dairy Limited | 32.94x | ₹44.26 | 18.49% | ₹277.50 |
| Hatsun Agro Product Limited | 78.48x | ₹15.99 | 16.23% | ₹87.30 |
| Nestle India Limited | 72.95x | ₹18.15 | 79.99% | ₹26.74 |
| Parag Milk Foods Limited | 24.91x | ₹11.06 | 79.99% | ₹93.44 |
| Tata Consumer Products | 84.03x | ₹15.59 | 11.61% | ₹220.02 |
Milky Mist Dairy Food IPO Dates
Milky Mist Dairy Food IPO open for subscription August 11, 2026, and close date on August 13, 2026. The allotment will be finalized on August 14, 2026, and the IPO listing on August 18, 2026.
| Open Date | August 11, 2026 |
| Close Date | August 13, 2026 |
| Allotment Date | August 14, 2026 |
| Refund Date | August 17, 2026 |
| Share Credit Date | August 17, 2026 |
| Listing Date | August 18, 2026 |
Milky Mist Dairy Food Limited Company Financial Report
| Period Ended | Total Assets | Total Income | Total Expenses | Net Worth | Profit After Tax | EBITDA | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|---|---|
| March 2026 | ₹2,676.46 Cr. | ₹3,145.01 Cr. | ₹2,986.52 Cr. | ₹378.00 Cr. | ₹127.01 Cr. | ₹435.22 Cr. | ₹333.55 Cr. | ₹1,671.85 Cr. |
| March 2025 | ₹2,150.59 Cr. | ₹2,354.79 Cr. | ₹2,267.25 Cr. | ₹242.77 Cr. | ₹46.07 Cr. | ₹310.35 Cr. | ₹199.23 Cr. | ₹1,376.38 Cr. |
| March 2024 | ₹1,606.26 Cr. | ₹1,826.86 Cr. | ₹1,784.17 Cr. | ₹197.05 Cr. | ₹19.44 Cr. | ₹222.33 Cr. | ₹278.04 Cr. | ₹1,036.72 Cr. |
Company Promoters
- Anitha S
- Sathishkumar T
| Holding Pre Issue | 93.00% | |
| Holding Post Issue | 79.52% |
Milky Mist Dairy Food IPO Lead Managers
- JM Financial Limited
- Axis Capital Limited
- IIFL Capital Services Limited
Milky Mist Dairy Food IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: milky.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
About Milky Mist Dairy Food Limited
Milky Mist Dairy Foods Limited, established in July 2014, is one of India’s fastest-growing packaged food companies, specializing in premium value-added dairy products. The company manufactures and sells a wide range of products—including cheese, paneer, butter, curd, ghee, yogurt, ice cream, UHT products, frozen foods, ready-to-eat and ready-to-cook items, and premium chocolates. These products are retailed under its flagship brand, Milky Mist, as well as specialized sub-brands such as Smartchef, Capella, Misty Light, Bryce, and Asal, establishing a significant presence in the dairy and larger FMCG categories.
For your information, the organization operates through a fully integrated farm-to-consumer operational model, which emphasizes raw material quality, process efficiency, and product freshness. The company procures raw milk directly from a large network of farmers, bypassing middlemen to ensure fair pricing and strict quality control at the source. This farm-level sourcing flows directly to advanced, highly automated manufacturing plants equipped with modern processing technology. To maintain product integrity across locations, the firm operates its own dedicated cold-chain logistics fleet and multi-channel distribution infrastructure, serving retail and institutional consumers across the country, while also incorporating sustainable practices into its production operations.
The company’s rapid market expansion and strong brand equity stem from its continuous product innovation, scalable manufacturing setup, and strong ties with the dairy farming community. Guided by an experienced leadership team and tech-driven quality control protocols, the company maintains high operational standards at every stage of the supply chain. It maintains a dedicated team of 1,317 permanent employees to support its nationwide processing facilities, direct milk collection network, sales and distribution channels, and corporate operations.
Objects Of The Issue
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by Company. (Estimated Ammount ₹496.86 Cr.)
- Financing the capital expenditure requirements in relation to the expansion and modernisation of Perundurai Manufacturing Facility. (Estimated Ammount ₹469.24 Cr.)
- Deployment of visi coolers, ice cream freezers and chocolate coolers. (Estimated Ammount ₹469.24 Cr.)
- General corporate purposes.
Company Address
Milky Mist Dairy Food Limited
SF No. 43/1-4,
Pattakaranpalayam,
Perundurai
Erode, Tamil Nadu, 638057
Phone: 91 424 2533248
Email: investor@milkymist.com
Website: http://www.milkymist.com/
Milky Mist Dairy Food IPO FAQs
What is Milky Mist Dairy Food IPO?
Milky Mist Dairy Food IPO is a MainBoard IPO of 11,09,43,193 equity shares of the face value of ₹2 aggregating up to ₹1,553.00 Crores. The IPO issue priced at ₹133 to ₹140 per share.
What are the open and close dates of the Milky Mist Dairy Food IPO?
The IPO will open on J/August 11, 2026 and will close on August 13, 2026.
What is the price band for Milky Mist Dairy Food IPO?
The price band for the IPO is fixed at ₹133 to ₹140 per share.
What is the issue size of the Milky Mist Dairy Food IPO?
The total issue size of the IPO is ₹1,553.00 Cr., comprising both fresh issue and offer for sale (if applicable).
What is Milky Mist Dairy Food IPO Minimum and Maximum Lot Size?
The minimum bid is 1 Lot, 107 Shares with ₹14,980 amount while the maximum bid is 13 Lot, 1,391 shares with ₹1,94,740 for the IPO.
What is Milky Mist Dairy Food IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35% for the IPO.
When will the basis of allotment for the Milky Mist Dairy Food IPO be finalized?
The the IPO allotment is expected to be finalized on August 14, 2026.
When will the shares of Milky Mist Dairy Food IPO get listed?
The IPO shares are expected to be listed on the BSE and NSE on August 18, 2026.
This content has been researched and written by the IPO Investors Team…
Disclaimer: Readers are strongly advised to seek guidance from a qualified financial advisor before making any investment decisions. Relying solely on the content presented here for financial choices is done entirely at the reader’s own risk.
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