Milky Mist Dairy Food Limited
ListedFood Products · Mainboard IPO · INE00IT01020
Price band
₹133 – ₹140
Lot size
107 shares
Min. investment
₹14,980
Issue size
₹1,553 Cr
Face value
₹2
Registrar
Kfin Technologies Ltd.
Issue timeline
Bidding opens
11 Aug 2026
Bidding closes
13 Aug 2026
Allotment
14 Aug 2026
Listing
18 Aug 2026
Final subscription
21,89,831
applications
₹47,146 Cr
bid value
| Category | Bid for | ₹ Cr* |
|---|---|---|
| Qualified Institutional (QIB) | 2,58,56,41,411 | 36,199 |
| Non-Institutional >₹10L (bNII) | 37,34,69,269 | 5,229 |
| Non-Institutional ₹2–10L (sNII) | 14,67,08,663 | 2,054 |
| Retail (RII) | 26,00,38,248 | 3,641 |
| Employees | 16,89,102 | 24 |
| Total | 3,36,75,46,693 | 47,146 |
Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.
About the company
Milky Mist Dairy Food Limited is one of India's fastest-growing packaged food companies focused on premium value-added dairy products.
Issue details
Issue size
₹1,553 Cr
Fresh issue
₹1,428 Cr
Offer for sale
₹125 Cr
Industry
Food Products
Promoter holding (pre)
93%
Promoter holding (post)
79.52%
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 1,826.86 | 2,354.79 | 3145.01 Cr |
| EBITDA | 222.33 | 310.35 | 435.22 |
| Profit after tax | 19.44 | 46.07 | 127.01 Cr |
| Net worth | 197.05 | 242.77 | 378 Cr |
| Total assets | 1,606.26 | 2,150.59 | 2,676.46 |
| Total borrowing | 1,036.72 | 1,376.38 | 1,671.85 |
Objects of the issue
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by Company
- Financing the capital expenditure requirements in relation to the expansion and modernisation of Perundurai Manufacturing Facility
- Deployment of visi coolers, ice cream freezers and chocolate coolers
- General corporate purposes
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.
Risks
- The company may face challenges in maintaining its growth trajectory in a competitive market.
- Fluctuations in raw material prices could impact profitability.
- Dependence on a limited number of suppliers for raw materials may pose risks.
Documents
Calculate your bid
At cut-off price ₹140
Lots
1
- Shares
- 107
- Amount
- ₹14,980
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login