Milky Mist Dairy Food IPO
Milky Mist Dairy Food IPO is priced at ₹133–₹140 per share with an issue size of ₹1553 crore. The IPO opens on Aug 11, 2026 and closes on Aug 13, 2026, with a lot size of 107 shares and a minimum investment of ₹14,980.
Milky Mist Dairy Food Limited IPO
- IPO Dates
- Aug 11, 2026 – Aug 13, 2026
- Price band
- ₹133-140 per equity share
- Minimum Investment
- ₹14,980
- Issue size
- ₹1553 Cr
- Lot size
- 107
- Allotment Date
- Aug 14, 2026
- Listing
- Aug 18, 2026
- Listing At
- BSE, NSE
IPO timeline
-
Aug 11, 2026
Open Date
Completed
-
Aug 13, 2026
Close Date
Upcoming
-
Aug 14, 2026
Allotment Date
Upcoming
-
Aug 18, 2026
Listing Date
Upcoming
Unofficial pre-listing indicator
Milky Mist Dairy Food IPO GMP Today: ₹20
Milky Mist Dairy Food IPO GMP today is ₹20 per share (a 14% premium over the ₹140 upper price band) as of 11 Aug 2026, 5:45 PM IST. The indicative listing price is ₹160 (₹140 upper price band + ₹20 GMP). GMP rose ₹1 from the previous recorded quote.
- Current GMP
- ₹20
- GMP percentage
- 14%
- Upper price band
- ₹140
- Indicative listing price
- ₹160
During the recorded period, Milky Mist Dairy Food IPO GMP ranged from ₹15 to ₹35. The latest GMP is ₹20, up from ₹19.
Milky Mist Dairy Food IPO GMP trend (day-wise) 34 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹20 | +₹1 | 14% | ₹160 | |
| ₹19 | ₹0 | 14% | ₹159 | |
| ₹19 | ₹0 | 14% | ₹159 | |
| ₹19 | ₹0 | 14% | ₹159 | |
| ₹19 | ₹0 | 14% | ₹159 | |
| ₹19 | −₹3 | 14% | ₹159 | |
| ₹22 | −₹1 | 16% | ₹162 | |
| ₹23 | ₹0 | 16% | ₹163 | |
| ₹23 | −₹1 | 16% | ₹163 | |
| ₹24 | ₹0 | 17% | ₹164 |
Milky Mist Dairy Food IPO Live Subscription Details
View Subscription DetailsMilky Mist Dairy Food IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Milky Mist Dairy Food IPO Essentials
Milky Mist Dairy Food IPO Details
Milky Mist Dairy Food IPO is priced at ₹133-140 per share with a total issue size of 1553 crore. The IPO has a lot size of 107 shares and will be listed on BSE and NSE.
- Issue price
- ₹133-140 per equity share
- Lot size
- 107 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- ₹1553 Crores
- Total issue size
- 11,48,43,193 shares
(aggregating up to ₹1553 crore) - Fresh issue
- 10,20,14,623 shares
(aggregating up to ₹1428 crore) - Offer for sale (OFS)
- 89,28,570 shares
(aggregating up to ₹125 crore) - Retail Portion
- 35%
- Listing at
- BSE, NSE
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
JM Financial Ltd, Axis Capital Ltd, IIFL Capital Services Ltd
Market Lot Size
Investors can bid for a minimum of 107 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 107 | ₹14,980 |
| Retail(max) | 13 | 1,391 | ₹1,94,740 |
| sHNI(min) | 14 | 1,498 | ₹2,09,720 |
| sHNI(max) | 66 | 7,062 | ₹9,88,680 |
| bHNI(min) | 67 | 7,169 | ₹10,03,660 |
Milky Mist Dairy Food IPO Reservation
Milky Mist Dairy Food IPO reservation details show category-wise allocation of shares. Out of the total 110943193 shares, approximately 19.97% are reserved for QIB, 14.98% for NII, 34.95% for retail investors, 0.14% for employees, and 29.96% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 33235713 (29.96%) | |
| QIB Shares Offered | 22157144 (19.97%) | |
| NII (HNI) Shares Offered | 16617857 (14.98%) | |
| bHNI > ₹10L | 11078571 (10%) | 7396 |
| sHNI < ₹10L | 5539286 (5%) | 3698 |
| Retail Shares Offered | 38775000 (34.95%) | 3,62,383 |
| Employee Shares Offered | 157480 (0.14%) | |
| Total Shares Offered | 110943193 (100%) |
Milky Mist Dairy Food IPO Analytics
Milky Mist Dairy Food IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Milky Mist Dairy Food IPO Subscription Status
Milky Mist Dairy Food IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 0.83x, indicating low demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,21,57,144 |
1,66,17,857
1,10,78,571
55,39,286
|
3,87,75,000 | 7,77,07,481 |
|
Day 1
11-08-26 05:00 PM
|
0.41 x |
0.97x
0.63x
1.65x
|
1.01 x | 0.83 x |
Milky Mist Dairy Food Valuations
Returns
- ROE
- 32.12%
- ROCE
- 11.73%
- RoNW
- 33.60%
- PAT Margin
- 4.05%
Fundamentals
- Debt / Equity
- 3.61
- Market Cap
- ₹10,777.81 Cr.
Milky Mist Dairy Food Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 2,676.46 | 2,150.59 | 1,606.26 |
| Revenue | 3,145.01 | 2,354.79 | 1,826.86 |
| Profit After Tax | 127.01 | 46.07 | 19.44 |
| Net Worth | 378.00 | 242.77 | 197.05 |
| Reserves & Surplus | 333.55 | 199.23 | 278.04 |
| Total Borrowing | 1,671.85 | 1,376.38 | 1,036.72 |
Milky Mist Dairy Food Company & Offer Insights
About Milky Mist Dairy Food
Incorporated in the year 2014, Milky Mist Dairy Food Limited is an Indian company producing and selling a wide range of dairy and frozen food items.
The company pioneered branded packaged paneer in India and, over time, added curd, ghee, butter, cheese, yogurt, ice cream, UHT long shelf life products, chocolates, and sweetened condensed milk to its portfolio.
Operations & Infrastructure:
It follows an integrated farm-to-retail supply chain model wherein raw milk is directly sourced from 67,615 farmers across 22 districts in Tamil Nadu, Andhra Pradesh, and Karnataka, all within a 400-kilometre radius of its principal manufacturing facility at Perundurai, Erode District, Tamil Nadu. In this facility, the company focuses on value-added dairy production. The second facility is at Bengaluru, Karnataka, where frozen foods, especially ready-to-eat and ready-to-cook products, are manufactured.
The logistics infrastructure of the company comprised 44 milk vans for sourcing, 252 reefer trucks for temperature-controlled transportation of perishable goods, and 34 ambient trucks for non-perishable items as of March 31, 2025.
Sales & Distribution:The company's distribution network encompasses a range of sales channels: general trade, modern trade, HoReCa (hotels, restaurants, and cafés), e-commerce, quick commerce platforms, and exclusive Milky Mist parlours. Products are sold in 22 states and 5 union territories through 3,062 distributors and 44 clearing and forwarding depots in 44 cities across 13 states. This network covers more than 350,000 retail touchpoints across India.
Market Presence According to the 1Lattice Report, in Fiscal 2025, the company held approximately 17% market share by value in the organised packaged paneer segment in India. In the same fiscal year, it had approximately 12% market share in the organised packaged cheese market in South India and approximately 5% market share nationally among private players in the same category. Exports From April 1, 2022, to March 31, 2025, the company exported its products to more than 15 countries around the world, including Singapore, the United States, and Australia, besides several countries in the Middle East.
Employees As of March 31, 2025, Milky Mist Dairy Food Limited had 1,524 permanent employees on its rolls.
Milky Mist Dairy Food Promoter(s)
T. Sathish Kumar, Anitha S are the company's promoters of Milky Mist Dairy Food.
Milky Mist Dairy Food IPO Issue Objectives
- •
- Repayment/prepayment, in full or part, of certain borrowings availed of by the company - ₹496.86 Cr
- •
- Financing the capital expenditure requirements in relation to the expansion and modernisation of the Perundurai Manufacturing Facility - ₹469.24 Cr
- •
- Deployment of visi coolers, ice cream freezers and chocolate coolers - ₹155.31 Cr
- •
- General corporate purposes
Milky Mist Dairy Food IPO - Anchor Investors
Milky Mist Dairy Food Limited finalised its anchor investor allocation on August 10, 2026, raising ₹465.30 crore from 19 institutional investors at an anchor price of ₹140 per share.
The anchor book comprises 3,32,35,713 equity shares, with domestic mutual funds receiving 46.27% of the allocation through 9 fund houses across 13 schemes, including Nippon India Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Invesco Mutual Fund, Motilal Oswal Mutual Fund, Edelweiss Mutual Fund, HSBC Mutual Fund, Union Mutual Fund, and TRUSTMF. Aditya Birla Sun Life Insurance Company Limited received 2.15% as the sole life insurance participant.
The remaining allocation went to a group of institutional and international investors, with Zulia Investments Pte. Ltd. receiving the single largest allocation at 34.39%, followed by Public Sector Pension Investment Board and India Acorn Fund Ltd at 5.37% each, and International Finance Corporation at 4.30%.
Milky Mist Dairy Food IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Milky Mist Dairy | N/A | N/A | 33.60% | 3138 |
| Bikaji Foods | N/A | 62.33 | 16.07% | 2993 |
| Britannia Industries | N/A | 51.98 | 49.61% | 19151 |
| Dodla Dairy | N/A | 24.26 | 15.95% | 4125 |
| Hatsun Agro | N/A | 58.2 | 18.32% | 9959 |
| Nestle India | N/A | 79.76 | 67.85% | 23154 |
| Parag Milk | N/A | 21.28 | 10.73% | 3817 |
| Tata Consumer | N/A | 70.08 | 7.08% | 20290 |
Milky Mist Dairy Food IPO - Strengths and Risks
Milky Mist Dairy Food IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Milky Mist Dairy Food
91 424 2533248
SF No. 43/1-4, Pattakaranpalayam, Perundurai, Erode, Tamil Nadu, 638057
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Milky Mist Dairy Food IPO is a book-built IPO worth ₹1553 crore. The price band is ₹133–₹140 per share. The IPO opens on Aug 11, 2026 and closes on Aug 13, 2026. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The price band of Milky Mist Dairy Food IPO is ₹133 to ₹140 per share.
The lot size of Milky Mist Dairy Food IPO is 107 shares.
The minimum investment for Milky Mist Dairy Food IPO is approximately ₹14,980 based on the upper price band .
Milky Mist Dairy Food IPO opens on Aug 11, 2026 and closes on Aug 13, 2026.
The allotment date of Milky Mist Dairy Food IPO is Aug 14, 2026.
Milky Mist Dairy Food IPO is expected to be listed on Aug 18, 2026, on BSE and NSE .
Milky Mist Dairy Food IPO GMP today is ₹20 per share (a 14% premium over the ₹140 upper price band) as of 11 Aug 2026, 5:45 PM IST. The indicative listing price is ₹160 (₹140 upper price band + ₹20 GMP). GMP rose ₹1 from the previous recorded quote.
Milky Mist Dairy Food IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW 33.60%, and market cap ₹10,777.81 Cr.
To apply for Milky Mist Dairy Food IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Milky Mist Dairy Food IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Milky Mist Dairy Food IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Milky Mist Dairy Food IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Milky Mist Dairy Food IPO allotment status on IPO Ji for quick and easy access.
|
Offer Date |
Aug 11 - Aug 13, 2026 |
|
Offer Price |
₹ 133-140 |
|
Lot Size |
107 |
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