Home / Business and Economy / Milky Mist IPO: Rs 1,553 Crore Dairy Launch
Milky Mist IPO: Rs 1,553 Crore Dairy Launch
10 Aug
Summary
- Milky Mist Dairy Food IPO launches August 11 with Rs 1,553 crore valuation.
- Grey market premium suggests an 18.57% listing gain, reaching Rs 166.
- IPO funds will primarily reduce debt and support manufacturing expansion.
Milky Mist Dairy Food is set to launch its Rs 1,553 crore Initial Public Offering (IPO) on August 11, 2026. The current grey market premium suggests a potential listing gain of 18.57%, estimating shares to debut at Rs 166.
The public issue comprises a fresh issue of 10.20 crore shares worth Rs 1,428 crore and an offer-for-sale of 89 lakh shares valued at Rs 125.00 crore. The price band is set from Rs 133 to Rs 140 per share, with a lot size of 107 shares. The IPO closes on August 13, 2026.
Proceeds from the IPO will be primarily allocated to debt reduction. Additional funds will support the expansion and modernization of its manufacturing facility, deployment of supporting infrastructure, and general corporate purposes. Milky Mist Dairy Food, established in 2014, offers a diverse range of dairy products under its flagship 'Milky Mist' brand.
