Milky Mist IPO
Market Sentiment
IPO Details
IPO Reservation
Financial Analysis
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 1,398.95 | 1,826.86 | 2,354.79 |
| Expense | 1,335.48 | 1,784.17 | 2,267.25 |
| Profit (PAT) | 27.23 | 19.44 | 46.07 |
| Total Assets | 1,289.42 | 1,606.26 | 2,150.59 |
| Company | EPS | P/E |
|---|---|---|
| Bikaji Foods International Limited | 8.02 | 91.56 |
| Britannia Industries Limited | 90.45 | 65.05 |
| Dodla Dairy Limited | 43.27 | 32.94 |
| Hatsun Agro Product Limited | 12.51 | 78.48 |
| Nestle India Limited | 33.27 | 72.95 |
| Parag Milk Foods Limited | 9.97 | 24.91 |
| Tata Consumer Products Limited | 13.06 | 84.03 |
Promoters: Satishkumar T AND Anitha S
Strengths & Risks
- Revenue grew 29% in the latest reported year.
- Strong return on equity — 15%.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
- Thin profit margin — 2.0%.
- Elevated leverage — debt/equity of 4.20.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Milky Mist Dairy Food is one of the leading dairy and frozen food products companies in India. The company is involved in the production and distribution of dairy products, including curd, ghee, butter, cheese, yogurt, ice cream, UHT long shelf life products, chocolates, and sweetened condensed milk. Incorporated in 2014, the company started with packaged paneer in India, and then decided to expand the business with other dairy products. The firm operates its business on a farm-to-retail supply chain model. They source raw milk directly from the 67,615 farmers across 22 districts in Tamil Nadu, Andhra Pradesh, and Karnataka. One of its manufacturing facilities is situated in Bengaluru, Karnataka, and is used for storing frozen products such as ready-to-eat and ready-to-cook items.
| Purpose | Amount (Cr) |
|---|---|
| Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company; | - |
| Financing the capital expenditure requirements in relation to the expansion and modernisation of our Perundurai Manufacturing Facility; | - |
| Deployment of visi coolers, ice cream freezers and chocolate coolers; and | - |
| General Corporate Purpose | - |
Resources & Documents
Milky Mist Dairy Food Ltd., SF No. 43/1-4,, Pattakaranpalayam,, Perundurai, Erode, Tamil Nadu, 638057
Milky Mist is preparing a sme offering for an issue size of Rs 2,035 crore. The SME issue is in the upcoming pipeline with dates yet to be finalised.
Milky Mist Dairy Food is one of the leading dairy and frozen food products companies in India. The company is involved in the production and distribution of dairy products, including curd, ghee, butter, cheese, yogurt, ice cream, UHT long shelf life products, chocolates, and sweetened condensed milk.
The issue is promoted by Satishkumar T AND Anitha S with Jm Financial Limited, Axis Capital Limited, IIFL Capital Services Limited acting as lead manager. Net proceeds will primarily be used towards Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company; and Financing the capital expenditure requirements in relation to the expansion and modernisation of our Perundurai Manufact….
On fundamentals, the company is posting revenue growth of 28.9%, a profit margin of 2.0%, return on equity of 15.1% in its most recent reported period. Listed peers in this segment include Bikaji Foods International Limited (P/E 91.56x) and Britannia Industries Limited (P/E 65.05x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Milky Mist IPO GMP — What It Means
No active grey market premium has been recorded for Milky Mist IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.
See the full Milky Mist GMP history and trend, or learn how grey market premium works and how reliable it is.
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