Topic
milky mist
Business Milky Mist to Launch ₹1,553 Crore IPO in Early August, India's Largest Dairy Issue
Milky Mist Dairy Food Ltd, a value-added dairy company, is expected to launch its ₹1,553 crore IPO by mid-August, following a ₹482 crore pre-IPO placement led by Temasek. The issue is the largest by an Indian dairy firm. Proceeds will be used for debt repayment and capacity expansion.
Manufacturing Milky Mist Invests ₹480 Crore in Capacity Expansion Ahead of IPO, Founder Says
Milky Mist Dairy Food Chairman & Managing Director Satish Kumar T revealed at the businessline MSME Growth Conclave 2026 that the company borrowed ₹480 crore to build capacity when its topline was ₹200 crore and debt was ₹20 crore. The Erode-based dairy processor is heading toward an IPO and owns an integrated cold chain from farm to fork.
Milky Mist Updating Books with FY26 Numbers, to File Updated DRHP for ₹2,035 Crore IPO
Milky Mist Dairy Food Ltd is updating its books with FY26 numbers and will soon file an updated draft red herring prospectus (UDRHP) for its ₹2,035 crore IPO. The company raised ₹357 crore in a pre-IPO round from Temasek and plans to use proceeds for a new facility in Baramati and expansion in protein products.