Milky Mist Dairy Food IPO Opens Tomorrow: Check Price Band, Lot Size and Key Dates

Mumbai, August 10: Milky Mist Dairy Food IPO is set to open for subscription on August 11, giving investors a three-day window to bid for shares of the packaged dairy products company. The ₹1,553 crore bookbuilding issue will remain open until August 13, 2026.

The IPO has fixed a price band of ₹133 to ₹140 per share. With a lot size of 107 shares, a retail investor will need ₹14,980 at the upper end of the price band to apply for one lot.

The issue combines a fresh issue of 10.20 crore shares, aggregating up to ₹1,428 crore, with an offer for sale of 89.28 lakh shares worth up to ₹125 crore.

Milky Mist Dairy Food IPO Opens Tomorrow

The Milky Mist Dairy Food IPO will open on August 11, 2026 and close on August 13, 2026. The issue has a total size of ₹1,553 crore.

At the upper price band of ₹140, the minimum retail application works out to ₹14,980 for 107 shares. Investors can bid in multiples of the lot size thereafter.

Milky Mist Dairy Food IPO Issue Structure

The fresh issue accounts for the larger portion of the offering. The company plans to raise up to ₹1,428 crore through the fresh issue, while shareholders will offer 89.28 lakh shares through the OFS component, aggregating up to ₹125 crore.

The net offer is divided among QIBs, NIIs and retail investors. QIBs can be allocated up to 50% of the net offer, while at least 15% is reserved for NIIs and at least 35% for retail investors.

The issue also carries an employee reservation. Eligible employees are entitled to a ₹13 discount to the issue price.

Milky Mist Dairy Food IPO Lot Size and Investment

For retail investors, one lot consists of 107 shares. At ₹140, the upper end of the price band, this means an application amount of ₹14,980.

Investors looking to bid for more shares can apply in multiples of 107 shares. The application limits differ across retail, sNII and bNII categories.

Milky Mist Dairy Food IPO Timeline

The IPO opens on August 11 and closes on August 13. The tentative basis of allotment date is August 14, followed by refunds and credit of shares on August 17. The shares are scheduled to list on the NSE on August 18, 2026.

Brief Overview Of Milky Mist Dairy Food IPO

Milky Mist Dairy Food is a packaged food company incorporated in July 2014. Its product portfolio spans cheese, paneer, butter, curd, ghee, yoghurt, ice cream, UHT products, frozen foods, ready-to-eat and ready-to-cook products, as well as chocolates.

The company operates an integrated farm-to-consumer model, sourcing milk directly from farmers and processing it through automated manufacturing facilities. Its distribution network combines cold-chain logistics with multiple sales channels.

The company has stated that its workforce comprises 1,317 permanent employees across manufacturing, sales and marketing, quality control and milk collection operations.

JM Financial Ltd. is the book running lead manager for the issue, while Kfin Technologies Ltd. is the registrar. The shares are scheduled to list on the NSE on August 18, 2026.

Source:

• https://www.chittorgarh.net/reports/ipo_notes/milky-mist-dairy-food-limited-rhp.pdf