/ 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 |
13-Aug-2026 17:12
| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 22,157,144 ₹ 310.20 Cr. | 3,634,517,685 ₹ 50883.25 Cr. | 164.03x |
| HNI (<10 LAKH) | 5,539,285 ₹ 77.55 Cr. | 177,687,624 ₹ 2487.63 Cr. | 32.08x |
| HNI2 (>10 LAKH) | 11,078,571 ₹ 155.10 Cr. | 433,028,037 ₹ 6062.39 Cr. | 39.09x |
| RETAIL | 38,774,999 ₹ 542.85 Cr. | 343,039,967 ₹ 4802.56 Cr. | 8.85x |
| Total | 77,549,999 | 4,588,273,313 | 59.17x |
| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 22,157,144 ₹ 310.20 Cr. | 3,634,517,685 ₹ 50883.25 Cr. | 164.03x |
| HNI (<10 LAKH) | 5,539,285 ₹ 77.55 Cr. | 177,687,624 ₹ 2487.63 Cr. | 32.08x |
| HNI2 (>10 LAKH) | 11,078,571 ₹ 155.10 Cr. | 433,028,037 ₹ 6062.39 Cr. | 39.09x |
| RETAIL | 38,774,999 ₹ 542.85 Cr. | 343,039,967 ₹ 4802.56 Cr. | 8.85x |
| Total | 77,549,999 | 4,588,273,313 | 59.17x |
*Excluding Anchor
Total No. of Application Approx : ~2703975 (7.46 Appwise)
| Appwise Subscription | ||
|---|---|---|
| Category | Total App | App wise |
| HNIBT | 114481.46 3698 (For 1x) | 30.96x |
| HNIAT | 58994.27 7396 (For 1x) | 7.98x |
| RETAIL | 2695083.00 362383 (For 1x) | 7.44x |
Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.
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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