Milky Mist files draft papers for Rs 2,035 crore IPO
Tamil Nadu-based dairy products maker Milky Mist Dairy Food has filed preliminary papers with the SEBI to raise funds up to Rs 2,035 crore via initial public offering (IPO). The IPO will be a combination of fresh issuance of equity shares worth Rs 1,785 crore and an offer-for-sale of shares worth Rs 250 crore by […]
Milky Mist Readies ₹2,000 Cr IPO, Strengthens Value‑Added Focus
Tamil Nadu–based Milky Mist Dairy Food Ltd, known for its value-added dairy products such as paneer, probiotic curd, and sweetened condensed milk, is gearing up for a ₹2,000 crore (~USD 240 million) IPO with a target valuation of around ₹20,000 crore (~USD 2.3 billion) . Unlike traditional dairies focused on liquid milk, Milky Mist intentionally avoids commoditised segments to preserve margins […]
Milky Mist Plans ₹2,000 Cr IPO to Expand Nationwide
Milky Mist, a prominent dairy brand based in Erode, Tamil Nadu, is preparing for a ₹2,000 crore initial public offering (IPO) to support its expansion across India. The company has transitioned from a private limited to a public limited entity, now operating as Milky Mist Dairy Food Limited, and has appointed independent directors Radha Venkatakrishnan […]
Amul’s Rival Milky Mist Prepares For INR 2,000 Cr IPO
Milky Mist, a household name associated with dairy products, is preparing for a significant IPO of INR 2,000 crore. Heavyweights Axis Capital, IIFL Capital Services, and JM Financial have joined Milky Mist as merchant bankers. In order to list by the end of 2025, the issue filing is anticipated by the middle of the year. […]
Kisanserv in strategic partnership with Milky Mist
Kisanserv, a retail company specialising in fresh fruits and vegetables, is expanding its product line through a strategic partnership with Milky Mist, one of India’s dairy brand. This partnership allows Kisanserv to introduce over 200 Stock Keeping Units (SKUs) of premium dairy products, made from 100% cow’s milk, across all its convenience retail stores in Pune and Mumbai. This move into dairy […]
Milky Mist likely to hit stock market with IPO, seeks Rs 20,000 crore valuation
Milky Mist is planning to raise funds via initial public offering (IPO), reported MoneyControl citing sources familiar with the matter. The paneer-to-ice cream maker is looking to expand its dairy product portfolio to take on its arch rival Amul, said the report. The report said that a number of marquee Indian investment and merchant bankers […]
Inside Milky Mist’s paneer revolution
Glistening white blocks of fresh paneer (cottage cheese) come hurtling down a conveyor belt, met by robotic arms that slice the blocks precisely into half kg chunks. Another arm quickly pushes out the paneer slabs that are not the correct size and weight into a drum before the next right-sized chunk comes along — all […]
SIG supplies Indian dairy producer with advanced filling technology
The installation of three high-speed SIG filling machines for aseptic carton packs will empower the firm to expand its offering, increase its output, and provide new packaging solutions to Indian consumers. Milky Mist will utilize three SIG filling machines at its manufacturing plant near Erode, Tamil Nadu: an SIG SmileSmall 24 Aseptic, SIG Midi 12 […]
Data-Driven Decision is Important for Empowering Dairy Farmers
Remember a time when decisions were determined with respect to the references from tangible numbers within a ledger? From maintaining sheets and records manually to digitalized data, the journey has been arduous but rewarding. Data has always been an incredibly valuable resource, and its importance cannot be overstated. Data generation and collection in the modern […]
The Significance of Dairy Industry in India’s Economic Development
India’s dairy industry has played a crucial role in the country’s economic development. This sector has also demonstrated an important part in achieving food security, reducing poverty, generating employment opportunities, and providing a regular source of income for rural households. Moreover, in developing economies, like India, landless and poor farmers are actively involved in dairying […]