Milky Mist Dairy Food IPO
Milky Mist Dairy Food IPO Details
-
Open Date
11 Aug 2026
-
Close Date
13 Aug 2026
- IPO Price Range
₹ 133 to ₹140
- IPO Size
₹ 1,553.00 Cr
Milky Mist Dairy Food IPO Timeline
Last Updated: 10 August 2026 4:49 PM by 5paisa
Milky Mist Dairy Food Limited is one of India's fastest-growing packaged food companies, specialising in premium value-added dairy products. Its diverse portfolio includes cheese, paneer, butter, curd, ghee, yoghurt, ice cream, UHT dairy, frozen foods, ready-to-eat and ready-to-cook products, and chocolates under the Milky Mist brand and its sub-brands. The company operates an integrated farm-to-consumer model, supported by advanced manufacturing, direct milk procurement, an extensive cold-chain network, and nationwide distribution.
Established in: 2014
Managing Director: Sathishkumar T.
Peers:
| Metric | Milky Mist Dairy Food Limited | Bikaji Foods International Limited | Britannia Industries Limited | Dodla Dairy Limited |
|---|---|---|---|---|
| Revenue from Operations | 3138.36 | 2993.86 | 19151.59 | 4125.20 |
| Face Value | 2.00 | 1.00 | 1.00 | 10.00 |
| Closing Price on July 20, 2026 | - | 642.05 | 5467.70 | 1073.65 |
| P/E | - | 62.33 | 51.98 | 24.46 |
| EPS Basic | 1.98 | 10.31 | 105.18 | 44.26 |
| EPS Diluted | 1.97 | 10.30 | 105.18 | 44.26 |
| RONW (%) | 33.60 | 16.07 | 49.61 | 15.95 |
| Net Worth | 3779.95 | 16069.93 | 51065.60 | 16740.81 |
| NAV | 5.87 | 64.03 | 212.01 | 277.50 |
Milky Mist Dairy Food Objectives
1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by Company
2. Financing the capital expenditure requirements in relation to the expansion and modernisation of Perundurai Manufacturing Facility
3. Deployment of visi coolers, ice cream freezers and chocolate coolers
4. General corporate purposes
Milky Mist Dairy Food IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹1,553 Cr |
| Offer For Sale | ₹125 Cr |
| Fresh Issue | ₹1,428 Cr |
Milky Mist Dairy Food IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 107 | 14,231 |
| Retail (Max) | 13 | 1,391 | 1,94,740 |
| S-HNI (Min) | 14 | 1,498 | 1,99,234 |
| S-HNI (Max) | 66 | 7,062 | 9,88,680 |
| B-HNI (Min) | 67 | 7,169 | 9,53,477 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Revenue | 1821.61 | 2349.50 | 3138.36 |
| EBITDA | 222.33 | 310.35 | 435.22 |
| PAT | 19.44 | 46.07 | 127.01 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Total Assets | 1606.26 | 2150.59 | 2676.46 |
| Share Capital | 3.50 | 126.00 | 128.46 |
| Total Liabilities | 1324.19 | 1822.80 | 2213.45 |
| Particulars (In ₹Crores.) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) Operating Activities | 140.29 | 314.86 | 301.79 |
| Net Cash Generated From / (used in) Investing Activities | -289.97 | -545.33 | -469.69 |
| Net Cash Generated From / (used in) Financing Activities | 151.98 | 233.13 | 164.48 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 2.29 | 2.66 | -3.42 |
Strengths
1. Strong premium brand in value-added dairy products.
2. Integrated farm-to-consumer business ensures quality control.
3. Extensive cold-chain and nationwide distribution capabilities.
4. Diverse portfolio supports multiple consumer consumption occasions.
Weaknesses
1. Heavy dependence on consistent raw milk procurement.
2. Premium pricing limits affordability for price-sensitive consumers.
3. Limited international presence compared with larger dairy peers.
4. High logistics and refrigeration costs impact margins.
Opportunities
1. Rising demand for premium packaged dairy products.
2. Expand exports across international dairy consumption markets.
3. Growing ready-to-eat and convenience food consumption.
4. Product innovation across health-focused and functional dairy.
Threats
1. Intense competition from organised and regional dairy brands.
2. Fluctuating milk prices affecting production and profitability.
3. Changing food regulations increasing compliance and operating costs.
4. Supply chain disruptions impacting cold-chain product distribution.
1. Strong premium brand with diversified dairy product portfolio.
2. Integrated business model supports operational efficiency and quality.
3. Expanding value-added dairy market offers sustained growth opportunities.
4. Advanced manufacturing and cold-chain strengthen competitive positioning.
India's dairy industry is experiencing robust growth, driven by rising disposable incomes, urbanisation, changing dietary preferences, and increasing demand for branded, value-added dairy products. Consumers are increasingly favouring convenient, high-quality packaged foods, supporting growth across premium dairy categories. Government support for dairy development, expanding cold-chain infrastructure, and greater organised retail penetration further strengthen the sector's long-term outlook, creating significant opportunities for established and innovation-led dairy companies.
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FAQs
Milky Mist Dairy Food opens from August 11, 2026 to August 13, 2026.
The size of Milky Mist Dairy Food is ₹1,553 Cr.
The price band of Milky Mist Dairy Food IPO is fixed at ₹133 to ₹140.
Once the Milky Mist Dairy Food IPO is officially open, one can simply follow the process to apply for the IPO:
To apply for Milky Mist Dairy Food IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Milky Mist Dairy Food IPO
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Milky Mist Dairy Food is of 107 shares and the investment required is ₹14,231.
The share allotment date of Milky Mist Dairy Food IPO is August 14, 2026
The Milky Mist Dairy Food IPO will likely be listed on August 18, 2026.
JM Financial Ltd is the book running lead managers for Milky Mist Dairy Food IPO.
1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by Company
2. Financing the capital expenditure requirements in relation to the expansion and modernisation of Perundurai Manufacturing Facility
3. Deployment of visi coolers, ice cream freezers and chocolate coolers
4. General corporate purposes