IPOs Details

Mainboard

MILKY MIST DAIRY FOOD LIMITED

MILKYMIST • BSE, NSE

LISTED

Issue details

Price band

₹133 - ₹140

Lot size

107 shares

Issue size

₹1145.18 Cr

Min. investment

₹14,980

Registrar

KFin Technologies

Subscription

41.17x

Grey market premium

Est. gain

+₹19.7 · 14%

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IPO Timeline

  1. Open

    11 Aug

  2. Close

    13 Aug

  3. Allotment

    14 Aug

  4. Listing

    18 Aug

Refunds & demat credit
15 Aug 2026
Mandate end
28 Aug 2026
Anchor lock-in 50%
13 Sep 2026
Anchor lock-in 100%
12 Nov 2026

We calculate these dates from the allotment and close dates, so please treat them as indicative. Anchor lock-in applies only to issues with an anchor allotment.

Application size

CategoryMinimumMaximum
RII

107shares

1 lot · ₹14,980

1,391shares

13 lots · ₹1,94,740

sNII (₹2L–₹10L)

1,498shares

14 lots · ₹2,09,720

7,062shares

66 lots · ₹9,88,680

bNII (above ₹10L)

7,169shares

67 lots · ₹10,03,660

No limit

funds permitting

Based on the upper price band of ₹140 and a lot of 107 shares.

Subscription

QuotaShares offeredShares bidSubscribed
NII1,74,92,48152,01,77,93229.74x
bNII (above ₹10L)58,30,82714,67,08,66325.16x
Retail (IND)4,08,15,78926,00,38,2486.37x
Total8,17,98,2443,36,75,46,69341.17x

Last updated 28 days ago.

Issue structure

Face value

₹2 per share

Issue type

Bookbuilding IPO

Sale type

Fresh capital cum OFS

Fresh issue

₹1428 Cr

10,20,14,623 shares

Offer for sale

₹125 Cr

89,28,570 shares

Shares pre-issue

66,78,28,789

Shares post-issue

76,98,43,412

Valuation & ratios

MetricPre-IPOPost-IPO
EPS1.9
Market cap-₹10,777.81 Cr
KPIMar 31, 2026Mar 31, 2025
ROE32.12%15.11%
ROCE11.73%9.54%
Debt/Equity3.614.20
RoNW33.60%18.98%
PAT Margin4.05%1.96%
EBITDA Margin13.87%13.21%
NAV5.873.78

Financials

Metric31 Mar 202631 Mar 202531 Mar 2024
Total income3,145.012,354.791,826.86
Profit after tax127.0146.0719.44
EBITDA435.22310.35222.33
Net worth378242.77197.05
Assets2,676.462,150.591,606.26
Reserves & surplus333.55199.23278.04
Total borrowing1,671.851,376.381,036.72

Figures in ₹ crore, as reported by the company in its offer document.

Objects of the issue

  1. 1.Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by Company₹496.86 Cr
  2. 2.Financing the capital expenditure requirements in relation to the expansion and modernisation of Perundurai Manufacturing Facility₹469.24 Cr
  3. 3.Deployment of visi coolers, ice cream freezers and chocolate coolers₹155.31 Cr
  4. 4.General corporate purposes

What the company says it intends to do with the money raised.

Recent comparable IPOs

CompanyIssue priceP/EListing closeListing gain
Orkla India Ltd.Mainboard₹73039.11₹713.65-2.24%
Elfin Agro India Ltd.SME₹4713.05₹47.60+1.28%
Shyam Dhani Industries Ltd.SME₹7013.19₹139.65+99.50%
Pajson Agro India Ltd.SME₹11810.11₹130.20+10.34%
Mother Nutri Foods Ltd.SME₹11717.78₹124.30+6.24%
Rukmani Devi Garg Agro Impex Ltd.SME₹998.5₹77.13-22.09%
Gujarat Peanut & Agri Products Ltd.SME₹808.97₹67.20-16.00%
Shivashrit Foods Ltd.SME₹14216.44₹141.45-0.39%

Past listing performance of comparable issues. This is not a forecast: listing gains vary widely and can turn negative.

Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 6 Aug 2026. Always verify against the RHP before applying.