MAINBOARD · NSE + BSE
Milky Mist Dairy Food IPO

Milky Mist Dairy Food IPO

Milky Mist Dairy Food IPO

Overview

Milky Mist Dairy Food IPO is a book build issue of ₹1,553.00 crores. The issue is a combination of fresh issue of 10.20 crore shares aggregating to ₹1,428.00 crores and offer for sale of 0.89 crore shares aggregating to ₹125.00 crores. Milky Mist Dairy Food IPO opens for subscription on Aug 11, 2026 and closes on Aug 13, 2026. The allotment for the Milky Mist Dairy Food IPO is expected to be finalized on Aug 14, 2026. Milky Mist Dairy Food IPO will list on NSE and BSE with a tentative listing date fixed as Aug 18, 2026. Milky Mist Dairy Food IPO is set issue price band at ₹133 to ₹140 per share. The lot size for an application is 107 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,980 (107 shares) (based on upper price). JM Financial Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.

Total Shares

11,09,43,193

Issue Size

₹1,553 Cr

Price Band

133 – ₹140

Lot Size

107 shares

Min. Investment

14,980

Max. Investment

1,94,740

Open Date

11 Aug, 2026

Close Date

13 Aug, 2026

Allotment

14 Aug, 2026

Listing

18 Aug, 2026

Announced

11 Aug, 2026

Opening Date

11 Aug, 2026

Closing Date

13 Aug, 2026

Basis of Allotment

14 Aug, 2026

Initiation of Refunds

17 Aug, 2026

Credit of Shares

17 Aug, 2026

Listing Date

18 Aug, 2026

Live GMP

Est. Listing: ₹164

24

Apply via UPI in 5 minutes

Choose your broker • Zero commission on IPO

About Milky Mist Dairy Food IPO

Incorporated in July 2014, Milky Mist Dairy Food Limited is one of India's fastest-growing packaged food companies focused on premium value-added dairy products. The company manufactures and markets a diversified portfolio including cheese, paneer, butter, curd, ghee, yogurt, ice cream, UHT products, frozen foods, ready-to-eat (RTE), ready-to-cook (RTC) foods, and chocolates under its flagship brand 'Milky Mist' and sub-brands such as SmartChef, Capella, Misty Lite, Briyas, and Asal.

Th

Milky Mist Dairy Food IPO Share Price

Issue Breakdown

Total Issue11,09,43,193 shares₹1,553 Cr
Fresh Issue10,20,14,623 shares₹1,428 Cr
Offer for Sale89,28,570 shares₹125 Cr

Shareholding

Pre-Issue66,78,28,789
Post-Issue76,98,43,412

Dilution: 15.3% increase in shares

Milky Mist Dairy Food IPO Financial Health

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.

Milky Mist Dairy Food IPO Lot Size

Investors can bid for a minimum of 107 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)110714,980
Retail (Max)1313911,94,740
S-HNI (Min)1414982,09,720
S-HNI (Max)6670629,88,680
B-HNI (Min)67716910,03,660

(All values in CR)

Milky Mist Dairy Food IPO Valuations

MetricValue
ROE32.12
ROCE11.73
Debt/Equity3.61
RoNW33.60
PAT Margin4.05
EBITDA Margin13.87
NAV5.87

(All values in CR)

Milky Mist Dairy Food IPO Strength & Risk

+Strengths

Milky Mist Dairy Food IPO – Strength

  • Strong and well-recognized brand in the value-added dairy products segment.
  • Diversified product portfolio including paneer, cheese, yogurt, butter, ghee, and ice cream.
  • Integrated sourcing, manufacturing, and cold-chain distribution network supports operational efficiency.
  • Wide retail presence across India with a growing distribution network.
  • Strong revenue and profit growth backed by rising demand for premium dairy products.
!Risks

Milky Mist Dairy Food IPO – Risk

  • Business depends heavily on the availability and pricing of raw milk.
  • Manufacturing operations are concentrated in Tamil Nadu, creating geographic concentration risk.
  • A significant portion of revenue comes from South India, increasing regional dependency.
  • Operates in a highly competitive dairy industry with established listed players.
  • Business performance may be affected by fluctuations in input costs, supply chain disruptions, and changing consumer demand.

Milky Mist Dairy Food IPO GMP

Milky Mist Dairy Food IPO last GMP is ₹24, last updated Aug 7th 2026 06:33 PM. With the upper price band of ₹140.00, Milky Mist Dairy Food IPO's estimated listing price is ₹164 (cap price + today's GMP). The expected percentage gain/loss per share is 17.14%. >> Milky Mist Dairy Food IPO Retail Subject to Sauda: ₹2000 >> Milky Mist Dairy Food IPO Small HNI Subject to Sauda: ₹28000 During this period, the GMP ranged from a low of ₹0.00 to a high of ₹26.00.

+24+17.1%

Last updated 07 Aug, 2026 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
07 Aug, 2026140₹24-₹164 (17.14%)256807 Aug, 2026
06 Aug, 2026140₹26-₹166 (18.57%)278206 Aug, 2026
05 Aug, 20260₹0-₹ (%)-05 Aug, 2026

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Milky Mist Dairy Food IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Milky Mist Dairy Food IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.