Milky Mist Dairy Food
OPENIPO Date: 11 Aug - 13 Aug 2026
Listing Date: 18 Aug 2026
Price Range
₹133 to ₹140
Issue Size
1553 Cr
Min Investment
₹14,231
Lot Size
107 Shares
Schedule of Milky Mist Dairy Food
Issue open date
11 Aug 2026
Issue close date
13 Aug 2026
UPI mandate deadline
13 Aug 2026 (5 PM)
Allotment finalization
14 Aug 2026
Share credit
17 Aug 2026
Listing date
18 Aug 2026
Mandate end date
28 Aug 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 1553 Cr |
| Fresh Issue | 10.2 Cr |
| Offer for Sale | 0.89 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 14 Aug 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 11 Aug 2026 | ₹140 | ₹22 | ₹162 (16.07%) |
| 10 Aug 2026 | ₹140 | ₹20 | ₹160 (14.64%) |
| 9 Aug 2026 | ₹140 | ₹26 | ₹166 (18.57%) |
| 8 Aug 2026 | ₹140 | ₹27 | ₹167 (19.29%) |
| 7 Aug 2026 | ₹140 | ₹24 | ₹164 (17.14%) |
| 6 Aug 2026 | ₹140 | ₹26 | ₹166 (18.57%) |
| 5 Aug 2026 | ₹140 | ₹0 | ₹140 (0%) |
Performance Milky Mist Dairy Food
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹133 to ₹140 | .... | .... | .... |
About Milky Mist Dairy Food
Milky Mist Dairy Food Limited is a packaged food company engaged in the procurement of milk and manufacturing of value-added dairy products. The company offers paneer, cheese, curd, butter, ghee, yogurt, ice cream and UHT products under the Milky Mist brand. It has also expanded into ready-to-cook and ready-to-eat food products. The company has a strong presence in South India and operates its manufacturing facilities in Tamil Nadu. Its business model focuses on higher-value dairy products rather than liquid milk.
| Founded in | 1999 |
| Managing director | T. Sathishkumar |
| Parent organization |
Financial Overview
Strengths
- Strong brand presence in the South Indian dairy market.
- Diversified portfolio of value-added dairy products.
- Experienced promoters and management team.
- Growth potential through geographical expansion and new product categories.
Risks
- Volatility in milk procurement prices and availability.
- High capital requirements and leverage associated with expansion.
- Strong competition from established dairy and FMCG brands.
- Geographic concentration in South India and execution risk during national expansion.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 0.41 |
| Non-Institutional Investors (NIIs) | 0.97 |
| Retail Individual Investors (RIIs) | 1.01 |
| Employee | 2.19 |
| Total | 0.84 |