Milky Mist IPO

IPO Details
Bidding Date Aug 11, 2026	IPO Price Range ₹133 to ₹140 per share	IPO Size ₹1553 Cr
Listing Exchange BSE, NSE	Listing Date Aug 18, 2026	Lot Size 107 Shares

Minimum Investment
₹14980/107shares

IPO Timeline

Open DateAug 11, 2026

Close DateAug 13, 2026

Allotment FinalisationAug 14, 2026

Demat TransferAug 17, 2026

Refund InitiationAug 17, 2026

ListingAug 18, 2026

About Milky Mist IPO

Founded in 1992 by T. Sathish Kumar, Milky Mist is a Tamil Nadu-based dairy brand specializing in value-added dairy products like paneer, cheese, curd, yogurt, and ghee. Instead of joining the many dairies depicting liquid milk as their product, Milky Mist differentiated itself by prioritising processed, value-added products. Its large cold-chain infrastructure assures product freshness, making it well accepted in the South Indian households and slowly but steadily across India. The company also operates a few sub-brands, such as SmartChef and Misty Lite, for ready-to-cook and healthy product lines. It is heavily invested in automation and farmer relationships to ensure excellent quality control. Aligned with rising demand for dairy-based snacks and functional foods, the company continues to expand product lines. Its emphasis on innovation, brand building, and national expansion strategies makes it a strong competitor to established giants like Amul, Mother Dairy, and Hatsun.

Milky Mist IPO Subscription Status

Date	QIB	NII	Retail	Total
TBA	0	0	0	0
TBA	0	0	0	0

Milky Mist IPO Financial Status

Particulars (in Rs. Crores)	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

Milky Mist IPO SWOT Analysis

Strengths

A strong reputation for value-added dairy products and being positioned at a premium level over commodity milk players is maintained.
Having a diversified portfolio of product items from cheese, paneer, yogurt, and ghee essentially serves as a risk diversification.
With the best cold chain infrastructure, they maintain product freshness and gain consumer trust on a regional and national basis.
The top priority in building strong farmer partnerships ensures better milk procurement and sustenance in terms of maintaining quality consistency on a daily basis.

Weaknesses

For milk purchases, the operating system must adjust to seasonal fluctuations in supply and rising cost.
Overcoming the areas outside South India takes a very heavy investment in marketing and logistics.
Due to perishability, the distribution and storage of dairy products are very costly.
The demand is price-sensitive, limiting the company’s ability to pass on cost increases.