The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.
Notes: Financial information of the Company has been derived from the Restated Consolidated Financial Information as of/ for the financial year ended March 31, 2025. All the financial information for listed industry peers is on a consolidated basis (unless otherwise available only on standalone basis) and is sourced from the financial information of such listed industry peer available on the website of the stock exchanges, investor presentations and regulatory filings, as of and for year ended March 31, 2025. Closing Price of peers represents the closing market price of equity shares of the listed peer on BSE as on July 9, 2025. P/E Ratio for the listed industry peer has been computed based on the closing market price of equity shares, on BSE as on July 9, 2025, divided by the diluted EPS of the latest respective Fiscal year (viz Fiscal 2025). Return on Net Worth (%) is calculated by dividing profit for the year by closing Net Worth as on March 31, 2025. Net Asset Value per equity share = Net Worth at the end of the year divided by weighted average number of Equity Shares outstanding as of the end of the respective year.
Incorporated in 2014, Milky Mist Dairy Food Limited is an Indian dairy company engaged in the production and distribution of a wide range of dairy and frozen food products. The company initially introduced branded packaged paneer in India and subsequently expanded its portfolio to include curd, ghee, butter, cheese, yogurt, ice cream, UHT long shelf life products, chocolates, and sweetened condensed milk. Operations & Infrastructure Milky Mist Dairy Food Limited operates an integrated farm-to-retail supply chain model. Raw milk is sourced directly from 67,615 farmers across 22 districts in Tamil Nadu, Andhra Pradesh, and Karnataka, all located within a 400-kilometre radius of its primary manufacturing facility in Perundurai, Erode District, Tamil Nadu. This facility focuses on value-added dairy production. A second facility in Bengaluru, Karnataka, is dedicated to the production of frozen foods, including ready-to-eat (RTE) and ready-to-cook (RTC) products. As of March 31, 2025, the company's logistics infrastructure included 44 milk vans for sourcing, 252 reefer trucks for temperature-controlled transportation of perishable goods, and 34 ambient trucks for non-perishable items. Sales & Distribution The company's distribution network spans multiple sales channels, including general trade, modern trade, HoReCa (hotels, restaurants, and cafés), e-commerce, quick commerce platforms, and exclusive Milky Mist parlours. Products are sold in 22 states and 5 union territories through 3,062 distributors and 44 clearing and forwarding (C&F) depots in 44 cities across 13 states. This network reaches over 350,000 retail touchpoints across India. Market Presence According to the 1Lattice Report, in Fiscal 2025, the company held approximately 17% market share by value in the organised packaged paneer segment in India. In the same fiscal year, it had approximately 12% market share in the organised packaged cheese market in South India and approximately 5% market share nationally among private players in the same category. Exports Between April 1, 2022, and March 31, 2025, the company exported dairy products to more than 15 countries, including Singapore, the United States, Australia, and various countries in the Middle East. Employees As of March 31, 2025, Milky Mist Dairy Food Limited employed 1,524 permanent employees.
What is the Milky Mist Dairy Food IPO price band?+
The price band for the Milky Mist Dairy Food IPO has not been announced yet. It is set by the company and its bankers and stated in the offer document.
When does the Milky Mist Dairy Food IPO open and close?+
The issue opens on 11 Aug 2026 and closes on 13 Aug 2026. Dates can move — the registrar and the exchange notices are the record.
When is the Milky Mist Dairy Food IPO allotment?+
Allotment is scheduled for 14 Aug 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.
When does Milky Mist Dairy Food list?+
Listing is scheduled for 18 Aug 2026 on NSE, BSE.
Where will Milky Mist Dairy Food be listed?+
Milky Mist Dairy Food is proposed for listing on NSE, BSE. It is a mainboard issue.
How large is the Milky Mist Dairy Food IPO?+
The issue size is ₹1553.00 Cr — a fresh issue of ₹1,428 cr and an offer for sale of ₹125 cr. Figures are indicative and subject to the RHP.
What is the difference between the fresh issue and the offer for sale in the Milky Mist Dairy Food IPO?+
Money raised through the fresh issue goes to the company, which spends it on the purposes set out in the offer document. Money raised through the offer for sale goes to the shareholders who are selling, not to the company. That is a fact about how the issue is structured, not a view on it.
Who is the registrar for the Milky Mist Dairy Food IPO?+
The registrar to the issue is Kfin Technologies Ltd. (040-79615565), milky.ipo@kfintech.com.
Where can I check the Milky Mist Dairy Food IPO allotment status?+
Allotment status is published by the registrar on its own official portal: https://ipostatus.kfintech.com/. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.