Milky Mist Dairy Food IPO

Milky Mist Dairy Food Limited is a listed issue, offered in a price band of ₹140 to ₹140 per share, in lots of 107 shares. Every figure below is taken from the issue's own filings and exchange disclosures.

Issue details

Price band

₹140 – ₹140

Lot size

107 shares

Minimum investment

₹14,980

Issue size

₹1,634.96 Cr

Fresh issue

₹1,428 Cr

Offer for sale

₹125 Cr

Opens

11 Aug 2026

Closes

13 Aug 2026

Listing date

18 Aug 2026

Registrar

KFin Technologies Limited

Symbol

MILKYMIST

One lot of 107 shares at the upper band price of ₹140 is ₹14,980 — the smallest retail application this issue accepts.

Lead managers: JM Financial Limited.

Subscription status

How many times the issue has been applied for, by investor category, as reported by the exchange at 13 Aug 2026, 07:05 pm IST.

Grey market premium (GMP)

Latest reported GMP

₹20

Implied over upper band

14.30%

As of

18 Aug 2026, 07:05 pm IST

How the reported premium has moved. The trend matters more than any single reading — a premium that is drifting down into the close is a different signal from one holding firm.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Reported financials

As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.

Strengths disclosed in the offer document

• The company is the fastest growing packaged food company in India with a CAGR of 29.82% from Fiscal 2023 to Fiscal 2025.
• The company is exclusively focused on value-added dairy products, which are considered premium.
• The company has a strong market presence in South India, particularly in paneer, curd, and cheese.
• The company has integrated farm to retail infrastructure, ensuring quality and efficient supply chain.
• The company has a diversified product portfolio with 23 product categories and 416 SKUs.
• The company has advanced manufacturing capabilities enhanced by automation and technology-driven processes.
• The company has a strong direct sourcing and engagement with farmers, ensuring high-quality raw milk and fair prices.

Risk factors disclosed in the offer document

• The company's manufacturing operations are dependent on the supply of large amounts of raw milk, primarily from Tamil Nadu.
• The company significantly depends on its Perundurai Manufacturing Facility, and any adverse developments in the region could impact operations.
• The company derives a significant portion of its revenue from the sale of products in South India, making it vulnerable to adverse developments in the region.
• The company's inability to anticipate and adapt to evolving consumer tastes and preferences for product categories like paneer, cheese, and curd could adversely impact demand.
• The company does not have long-term agreements with suppliers for other raw materials, exposing it to price volatility and potential shortfalls in availability.
• The company is required to obtain certain statutory approvals, licenses, registrations, and permits, and failure to obtain or renew them could adversely affect business.
• Improper processing or storage of raw materials or products, or spoilage, could lead to regulatory action and damage reputation.
• The company may be unable to comply with food safety laws and other applicable regulations, which could adversely affect business.

These are the company's own disclosures, not Alphave's assessment. Read the offer document →

What this page will not tell you

Whether to apply

Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.

What it will list at

Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.

Your allotment

Allotment is decided by the registrar (KFin Technologies Limited) after the issue closes. Track the whole calendar in the IPO Centre.

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