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 […]
India’s largest paneer factory is launching a ₹2,000 crore IPO
Tucked away in a non-descript town called Perundurai within Tamil Nadu’s Erode district, Milky Mist’s differentiated dairy plant has since 2018 has churned out dairy products in droves — paneer, cheddar, gouda, butter, yoghurt and more. Its capacity of 60 tonnes of paneer churned 24X7 makes it India’s largest paneer plant at a single location. […]