Milky Mist logo

Milky Mist

Listed

IPO Timeline

Issue open date

11 Aug 2026

Issue close date

13 Aug 2026

UPI mandate deadline

13 Aug 2026

Allotment finalization

14 Aug 2026

Refund initiation

17 Aug 2026

Share credit

17 Aug 2026

Listing date

18 Aug 2026

Mandate end date

28 Aug 2026

Lock-in end date for anchor investors (50%)

12 Sep 2026

Lock-in end date for anchor investors (remaining)

11 Nov 2026

Grey Market Premium Trend

₹19.7
Current GMP
₹160
Est. Listing Price
14.1%
Est. Listing Gain
₹133 - ₹140
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
17 Aug₹20₹16014.07%
16 Aug₹20₹16014.07%
15 Aug₹18₹15812.86%
14 Aug₹19₹15913.21%
13 Aug₹20₹16014.29%
12 Aug₹26₹16618.57%
11 Aug₹22₹16215.36%
10 Aug₹23₹16316.07%
9 Aug₹21₹16114.64%
8 Aug₹26₹16618.57%
7 Aug₹27₹16719.29%
6 Aug₹24₹16417.14%
5 Aug₹26₹16618.57%
4 Aug₹0₹1400.00%

Key Dates

Open
11 Aug 2026
Close
13 Aug 2026
Listing
18 Aug 2026

Quick Stats

Issue Size:1553cr
Lot Size:107 shares

About the Company

Milky Mist Dairy Food Limited is a packaged food company engaged in the business of procuring milk and manufacturing a diverse range of value-added dairy products. The company’s business model is exclusively focused on premium, higher-margin products rather than liquid milk, generating its revenue from the sale of its extensive product portfolio. Its offerings include paneer, cheese, curd, butter, ghee, yogurt, ice cream, and UHT long-shelf-life products, marketed under the ‘Milky Mist’ brand. The company has also diversified into adjacent categories like ready-to-cook and ready-to-eat foods. All products are produced at its manufacturing facility in Tamil Nadu, which is strategically located in a region with high raw milk availability. With a strong market presence in South India, the company concentrates on creating innovative products to meet evolving consumer preferences for value-added dairy items.

Strengths

  • Exclusively focused on high-margin, value-added dairy products.
  • Strong brand recognition and market leadership in South India.
  • Extensive and diverse product portfolio catering to varied consumer needs.
  • Advanced, large-scale manufacturing and in-house production capabilities.
  • Product innovation focus, including health and convenience-driven offerings.

Risks

  • Business is highly dependent on the “Milky Mist” brand.
  • Inability to effectively manage inventory could lead to spoilage and waste.
  • Operations are concentrated, with a single manufacturing facility in Tamil Nadu.
  • Failure to manage food safety standards and quality could lead to liability.
  • High dependence on raw milk supply, subject to price and availability fluctuations.

Milky Mist IPO – Frequently Asked Questions

  • The price band for the Milky Mist IPO is set at ₹133 to ₹140 per share.
  • The Milky Mist IPO opens on August 11, 2026 and closes on August 13, 2026.
  • The tentative listing date for the Milky Mist IPO is August 18, 2026.
  • You can apply for the Milky Mist IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Milky Mist, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Milky Mist IPO is 107 shares. Investors must apply for at least one lot (i.e., 107 shares).