Milky Mist Dairy Food IPO - GMP, Subscription, Price, Dates & Financial Details
Milky Mist Dairy Food IPO is set to open its Initial Public Offering (IPO) for subscription on August 11, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹1,553 Crore.
The Milky Mist Dairy Food IPO will open for subscription on August 11, 2026, and close on August 13, 2026. The basis of allotment is expected to be finalized on August 14, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on August 18, 2026.
The price band and lot size for Milky Mist Dairy Food IPO are yet to be announced.
KFin Technologies Limited is the registrar to the issue. Axis Capital Limited, JM Financial Limited, and IIFL Capital Services Limited are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Milky Mist Dairy Food IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on August 13, 2026.
- Issue Price
- Yet to Be Announced
- Lot Size
- Not Announced
- Issue Size
- ₹1,553.00 Cr
- Minimum Investment
- Not Announced
- Listing Date
- 18 August 2026
Current GMP
₹0
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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, specializing in premium value-added dairy and food products. The company has established a strong presence in the Indian dairy industry through its focus on product innovation, quality, and an integrated farm-to-consumer business model.
Milky Mist offers a diversified portfolio of products, including cheese, paneer, butter, curd, ghee, yogurt, ice cream, UHT milk and dairy beverages, frozen foods, ready-to-eat (RTE) and ready-to-cook (RTC) products, and chocolates. These products are marketed under its flagship Milky Mist brand, along with sub-brands such as SmartChef, Capella, Misty Lite, Briyas, and Asal, catering to a wide range of consumer preferences across retail and food-service segments.
The company follows a fully integrated business model by directly procuring milk from a large network of dairy farmers and processing it through state-of-the-art, highly automated manufacturing facilities. This integrated supply chain enables Milky Mist to maintain consistent product quality, ensure traceability, and improve operational efficiency.
To support nationwide distribution, the company has developed its own cold-chain logistics infrastructure and a multi-channel distribution network, ensuring the timely delivery of fresh and frozen products across India. Milky Mist also emphasizes continuous product innovation, premiumization, and sustainable manufacturing practices to strengthen its market position and meet evolving consumer demand.
As of the latest available information, the company employs 1,317 permanent employees across key functions, including manufacturing, sales and marketing, quality assurance, milk procurement, supply chain, and corporate operations. Its experienced management team, technology-driven processes, and robust operational capabilities continue to support the company's growth and expansion in India's value-added dairy segment.
Milky Mist Dairy Food IPO Promoters
- Anitha S
- Sathishkumar T
Promoters Holding
Holding Pre Issue
93.00%
Holding Post Issue
0.00%
Milky Mist Dairy Food IPO Objective
The Company Milky Mist Dairy Food IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company
- Financing the capital expenditure requirements in relation to the expansion and modernisation of our Perundurai Manufacturing Facility
- Deployment of visi coolers, ice cream freezers and chocolate coolers
- General corporate purposes
Milky Mist Dairy Food Limited Address / Contact Details
Milky Mist Dairy Food Ltd.
SF No. 43/1-4,
Pattakaranpalayam,Perundurai
Erode, Tamil Nadu, 638057
Phone: 91 424 2533248
Email: investor@milkymist.com
Website: http://www.milkymist.com/
IPO Snapshot
Book Running Lead Managers
- Axis Capital Limited
- JM Financial Limited
- IIFL Capital Services Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Milky Mist Dairy Food IPO?
Milky Mist Dairy Food IPO is a Book-building IPO with a total issue size of ₹1553 crore. The Milky Mist Dairy Food IPO price band is ₹0 to 0 per share. The Milky Mist Dairy Food IPO subscription opens on Tue, Aug 11, 2026, and closes on Thu, Aug 13, 2026. The Milky Mist Dairy Food IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Milky Mist Dairy Food IPO.
When will the Milky Mist Dairy Food IPO open for subscription?
The Milky Mist Dairy Food IPO opens on Tue, Aug 11, 2026 and closes on Thu, Aug 13, 2026
What is Milky Mist Dairy Food IPO Price Band?
Milky Mist Dairy Food IPO Price Band is ₹0 to 0 per share.
What is Milky Mist Dairy Food IPO Lot Size?
Milky Mist Dairy Food IPO lot size is 0 shares, Retail investors need a minimum investment of ₹0 based on the upper price band
What is the minimum investment for Milky Mist Dairy Food IPO?
The minimum investment for Milky Mist Dairy Food IPO is ₹0, based on one lot of 0 shares at the upper price band of ₹0 per share.
How to apply for Milky Mist Dairy Food IPO?
Investors can apply for the Milky Mist Dairy Food IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Aug 13, 2026. The application amount remains blocked until the Milky Mist Dairy Food IPO allotment is finalized.
What is Milky Mist Dairy Food IPO Issue Size?
Milky Mist Dairy Food IPO issue size is ₹1553 crores.
What is the Milky Mist Dairy Food IPO Allotment Date?
Milky Mist Dairy Food IPO allotment date is Fri, Aug 14, 2026.
Who is the Milky Mist Dairy Food IPO Registrar?
The registrar for Milky Mist Dairy Food IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Milky Mist Dairy Food IPO allotment status, refund processing, and other IPO-related information.
Who is the Milky Mist Dairy Food IPO Lead Manager?
The book-running lead managers (BRLMs) for the Milky Mist Dairy Food IPO are JM Financial Limited, and IIFL Capital Services Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Milky Mist Dairy Food IPO Red Herring Prospectus (RHP).