/ 107 Shares
11-Aug-2026 - 13-Aug-2026
₹ 133 - ₹ 140
₹ 14980.00
107
110,785,713
Face Value - ₹ 2/- Per Share
Listing at NSE BSE
362,383 Application Required in Retail for 1 Time.
Registrar : KFin Technologies Limited
Fresh Issue of Equity Shares aggregating upto RS. 1,428 Cr and Offer for Sale of Equity Shares aggregating upto RS. 125 Cr
| Category | % | Shares/Amount |
|---|---|---|
| QIB | 50% | 55,392,857 Shares RS.775.50 CR |
| HNI 1 | 5% | 5,539,285 Shares RS.77.55 CR @ 3698 FORM 1X |
| HNI 2 | 10% | 11,078,571 Shares RS.155.10 CR @ 7396 FORM 1X |
| Retail | 35% | 38,774,998 Shares RS.542.85 CR @ 362383 FORM 1X |
| Employee | 0% | 157,480 Shares RS.2.00 CR |
BRLMs: Axis Capital, JM Financial, IIFL Capital
| Retail (Upto 2 Lakh) | HNI (2 Lakh to 10 Lakh) | HNI (Above 10 Lakh) |
|---|---|---|
| 362383 FORM 1X | 3698 FORM 1X | 7396 FORM 1X |
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Upto 2 Lakh) | 1 | 107 | ₹ 14,980 |
| Retail (Upto 2 Lakh) | 13 | 1391 | ₹ 194,740 |
| S-HNI (2 Lakh to 10 Lakh) | 14 | 1498 | ₹ 209,720 |
| S-HNI (2 Lakh to 10 Lakh) | 66 | 7062 | ₹ 988,680 |
| B-HNI (Above 10 Lakh) | 67 | 7169 | ₹ 1,003,660 |
q Milky Mist is the fastest-growing packaged food company in India among companies with revenues above ?1,500 crore, with a revenue CAGR of 31.26% from Fiscal 2024 to Fiscal 2026. The Company is a leading value-added dairy brand, focusing on premium processed dairy products rather than liquid milk. Its product portfolio includes paneer, cheese, yogurt, curd, butter, ghee, ice cream, milkshakes and packaged foods. By avoiding liquid milk, the Company benefits from higher margins, premium pricing and an FMCG-oriented business model.
q The company’s significant market share in certain of their product categories:
• Paneer: The Company is the largest private packaged paneer brand in India’s organised market, with a ~19% market share by value in the organised packaged paneer market in Fiscal 2026.
• Cheese: The Company is the largest private packaged cheese brand in South India, with a ~12% market share by value in the organised cheese segment in Fiscal 2026.
• Cheese: The Company is ranked third among private players nationally, with a ~5% market share by value in the organised packaged cheese market in Fiscal 2026.
• Curd: The Company held a ~7% market share by value in the organised curd market in Southern India in Fiscal 2026.
• Yogurt: The Company is among the top two largest private packaged yogurt brands in India, with a ~13% market share by value in the organised yogurt market in Fiscal 2026.
• Greek Yogurt: The Company held a ~35%-40% market share by value in the organised Greek yogurt market in India in Fiscal 2026.
q Milky Mist operates one manufacturing facility located in Perundurai, Tamil Nadu. The Perundurai facility specializes in value-added dairy products and benefits from strong raw milk availability within a 400-km radius.
q The Company operates in a competitive market with peers including HAP, Parag, Dodla, Amul and Nandini.
q Milky Mist was among the early adopters of visi-coolers in India, enhancing cold-chain reach and retail visibility.
q ESG initiatives focus on energy and water neutrality, including a 2.15 million litres per day water treatment plant and extensive renewable energy usage. Advanced, fully automated manufacturing with robotics enables high efficiency, hygiene, traceability and consistent product quality.
Competitive Strength
Business Strategies
Milky Mist Dairy Food Ltd.'s revenue increased by 34% and profit after tax (PAT) rose by 176% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 2,676.46 | 2,150.59 | 1,606.26 |
| Total Income | 3,145.01 | 2,354.79 | 1,826.86 |
| Profit After Tax | 127.01 | 46.07 | 19.44 |
| EBITDA | 435.22 | 310.35 | 222.33 |
| NET Worth | 378.00 | 242.77 | 197.05 |
| Reserves and Surplus | 333.55 | 199.23 | 278.04 |
| Total Borrowing | 1,671.85 | 1,376.38 | 1,036.72 |
| Amount in ? Crore | |||
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Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
Enter your UPI ID and you will receive mandate on your UPI App.
Once you accept the mandate, Application is submitted successful.
How to Apply for IPOs on InvestoYard
Step 01 : Once you create your account, Login to InvestoYard.
Step 02 : Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
Step 03 : Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
Step 04 : Enter your UPI ID and you will receive mandate on your UPI App.
Step 05 : Once you accept the mandate, Application is submitted successful.
