Milky Mist Dairy Food IPO Price: ₹133 to ₹140 per share
IPO Dates: 11 Aug to 13 Aug, 2026

Company Overview
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.
Business Operations
The company operates an integrated farm-to-consumer business model, directly sourcing milk from farmers and processing it through advanced automated manufacturing facilities.
Supported by its own cold-chain logistics network and multi-channel distribution system, Milky Mist serves customers across India while focusing on innovation, premium product offerings, and sustainable manufacturing practices.
Market Position
Milky Mist is one of India’s fastest-growing packaged food companies with strong brand recognition in value-added dairy products.
Manufacturing & Infrastructure
The company is supported by advanced manufacturing infrastructure and technology-driven processes.
Distribution Network
The company has an extensive multi-channel distribution network backed by its own cold-chain logistics infrastructure.
Workforce
The company has a workforce of 1,317 permanent employees across manufacturing, sales & marketing, quality control, and milk collection operations.
Key Strengths
- Diversified portfolio of premium dairy, frozen foods, RTE, RTC products, and chocolates.
- Advanced automated manufacturing facilities supported by technology-driven processes.
- Direct milk sourcing model with strong farmer engagement and procurement network.
- Extensive multi-channel distribution backed by its own cold-chain logistics infrastructure.
- Strong focus on sustainability, operational efficiency, and experienced management driving consistent growth.
Bidding Starts In
Milky Mist Dairy Food IPO Specifics:
| IPO Date | 11 to 13 Aug, 2026 |
| Listing Date | Tue, Aug 18, 2026 |
| Face Value | ₹2 per share |
| Price Band | ₹133 to ₹140 |
| Lot Size | 107 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹13.00 |
| Total Issue Size |
11,09,43,193 shares (agg. up to ₹1,553 Cr) |
| Fresh Issue |
10,20,14,623 shares (agg. up to ₹1,428 Cr) |
| Offer for Sale |
89,28,570 shares of ₹2 (agg. up to ₹125 Cr) |
| Share Holding Pre Issue | 66,78,28,789 shares |
| Share Holding Post Issue | 76,98,43,412 shares |
Milky Mist Dairy Food IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Tue, Aug 11, 2026 |
| IPO Close | Thu, Aug 13, 2026 |
| Allotment | Fri, Aug 14, 2026 |
| Refund | Mon, Aug 17, 2026 |
| Credit of Shares | Mon, Aug 17, 2026 |
| Listing | Tue, Aug 18, 2026 |
Milky Mist Dairy Food IPO Lot Size
Investors can bid for a minimum of 107 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 107 | ₹14,980 |
| Retail (Max) | 13 | 1,391 | ₹1,94,740 |
| S-HNI (Min) | 14 | 1,498 | ₹2,09,720 |
| S-HNI (Max) | 66 | 7,062 | ₹9,88,680 |
| B-HNI (Min) | 67 | 7,169 | ₹10,03,660 |
Milky Mist Dairy Food IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not more than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Milky Mist Dairy Food IPO Financial Information
| Particulars (₹ Cr) | 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 & Surplus | 333.55 | 199.23 | 278.04 |
| Total Borrowing | 1,671.85 | 1,376.38 | 1,036.72 |
Key Performance Indicator – Milky Mist Dairy Food IPO
| KPI | Value |
|---|---|
| ROE | 32.12% |
| ROCE | 11.73% |
| Debt/Equity | 3.61 |
| RoNW | 33.60% |
| PAT Margin | 4.05% |
| EBITDA Margin | 13.87% |
| NAV | 5.87 |
| EPS (₹) | 1.90 |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.

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