Milky Mist Dairy Food Limited

Milky Mist Dairy Food Limited

Minimum Investments
₹14,231
Price Range
₹133 - ₹140
Issue Size
₹1,553.00 Cr
Lot Size
107shares
Proceeds of this IPO to be used for
Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the company
Financing the capital expenditure requirements in relation to the expansion and modernisation of the perundurai manufacturing facility
Deployment of visi coolers, ice cream freezers and chocolate coolers
General corporate purposes
Strengths & Weaknesses
Diversified product portfolio

The company offers a wide range of value-added dairy and food products under its flagship brand ‘Milky Mist’ and sub-brands like ‘SmartChef’ and ‘Capella’. As of March 31, 2025, it has 23 product categories and 416 stock keeping units (SKUs), including paneer, cheese, curd, UHT milk, frozen foods, and chocolates.

Automated manufacturing facilities

The company operates two advanced manufacturing units in Tamil Nadu and Karnataka, equipped with automated lines for products like paneer, cheese, UHT milk, curd, and ice cream. Automation enhances operational efficiency and ensures consistent product quality

Direct milk sourcing

The company buys milk directly from farmers in Tamil Nadu, Andhra Pradesh, and Karnataka. This direct sourcing removes middlemen, ensures quick payments, and builds long-term relationships

Regional concentration

A substantial portion of the company’s revenue is derived from South India. As a result, any adverse events such as political disruptions, economic downturns, natural calamities, or regulatory changes in these states—Karnataka, Tamil Nadu, Kerala, Andhra Pradesh, and Telangana—could affect the company’s performance

Product safety risk

The company’s operations are exposed to risks related to the storage, handling, and processing of raw materials and finished products. Improper processing or contamination—whether due to human error, equipment failure, or temperature deviations—can lead to non-compliance with food safety regulations

Distribution dependence

The company’s distribution network plays a crucial role in its sales operations, especially in South India. The business depends on maintaining strong relationships with its distributors across states and union territories. Any disruption—such as disputes, logistical delays, shifting distributor focus to competitors, or financial difficulties among distributors—could negatively impact product availability and revenue

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)Mar 2026Y/Y Change
Operating Revenue3,138.36+33.58%
Other Income6.64+25.52%
Total Income3,145.01+33.56%
Total Expenditure2,986.52+31.72%
EBIDT435.22+40.24%
Depreciation170.46+24.92%
Interest106.26+23.07%
Tax31.48-24.09%
Net Profit127.01+175.69%

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)Mar 2026
Total Current Assets592.26
Total Non-Current Assets2,084.20
Fixed assets2,042.77
Total Assets2,676.46
Total Current liabilities820.87
Total Non Current Liabilities1,392.58
Total Equity Plus Liabilities2,676.46
Total Shareholder Funds463.02
Total Debt to Equity361.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)Mar 2026
Cash from Operating Activity301.79
Cash from Financing Activities164.48
Cash from Investing Activities-469.69
Net Cash Flow-3.42

About the Company

Milky Mist Dairy Food was incorporated on February 1, 1999. The company makes premium, value-added dairy and packaged food products under the brand Milky Mist. Its offerings include paneer, cheese, curd, ghee, yogurt, UHT milk, ice cream, and frozen foods

  • Promoter
    Sathishkumar T
  • Promoter
    Anitha S

FAQs for Milky Mist Dairy Food Limited IPO

Milky Mist Dairy Food Limited IPO refers to the initial public offering of shares by Milky Mist Dairy Food Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

For Milky Mist Dairy Food Limited IPO the issue size is ₹1,553 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

For Milky Mist Dairy Food Limited IPO the minimum investment is ₹14.2 K. The minimum investment for Milky Mist Dairy Food Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

For Milky Mist Dairy Food Limited IPO the lot size is 107 shares. The lot size of Milky Mist Dairy Food Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

To apply for Milky Mist Dairy Food Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Milky Mist Dairy Food Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Milky Mist Dairy Food Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Milky Mist Dairy Food Limited IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

For Milky Mist Dairy Food Limited IPO the allotment date is 14 Aug 2026. The allotment date of Milky Mist Dairy Food Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

For Milky Mist Dairy Food Limited IPO, the subscription opens on 11 Aug 2026 and closes on 13 Aug 2026. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
11 Aug 26 - 13 Aug 26