Milky Mist Dairy IPO
Milky Mist Dairy Limited
Milky Mist Dairy IPO Details
The IPO comprises a Fresh Issue of equity shares aggregating up to Rs 17,850 million and an Offer for Sale (OFS) by promoters aggregating up to Rs 2,500 million, totaling up to Rs 20,350 million.
The proceeds from the Fresh Issue will be used primarily for repayment/prepayment of borrowings, capital expenditure at the Perundurai plant, deployment of coolers and freezers, and general corporate purposes.
The Offer for Sale proceeds will go to the selling shareholders, namely Sathishkumar T and Anitha S, and not to the company.
A Pre-IPO Placement of up to Rs 3,570 million may be considered, which would reduce the Fresh Issue size accordingly.
Milky Mist Dairy IPO Strengths
- Milky Mist has built a recognized and trusted dairy brand, especially in Tamil Nadu and neighbouring states, aiding consumer loyalty and shelf visibility.
- The company offers a wide range of value-added dairy products including paneer, curd, cheese, ghee, butter, yogurt, and beverages—reducing dependence on any one category.
- Their Perundurai facility is highly automated, reducing human intervention and ensuring consistent quality and cost efficiencies.
- The company owns and operates over 3,700 refrigerated vehicles and a network of visi coolers and freezers, ensuring freshness and product reach across regions.
Milky Mist Dairy IPO Weaknesses
- A significant portion of revenue comes from South India, particularly Tamil Nadu, making the company vulnerable to regional economic or climatic disruptions.
- Being in a perishable goods business, the company requires large investments in inventory, distribution, and refrigeration, straining liquidity.
- Any disruption in raw milk supply, price volatility, or quality issues could impact production and margins.
- Operating a large dairy facility comes with strict environmental norms and food safety regulations, which can pose operational and legal risks if not adhered to.
- The company is currently focused on the domestic market, limiting its global exposure and missing out on export-led growth potential in dairy products.
Milky Mist Dairy Revenue & Profit
0.014 | +0.0006 |
0.018 | +0.0004 |
0.023 | +0.0008 |
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Milky Mist Dairy IPO Dates
| Open Date | To be announced |
| Close Date | To be announced |
| Allotment Date | To be announced |
| Initiation of Refunds | To be announced |
| Credit of Shares to Demat Account | To be announced |
| Listing Date | To be announced |
Milky Mist Dairy IPO Lot Size
| Minimum Lot Size | To be announced |
| Maximum Lot Size | To be announced |
Seize the Opportunity! Apply for Milky Mist Dairy IPO
Free Demat Account Opening
Zero AMC Charges for First Year
Low DP Charges (Rs. 10 only)
Free IPO Report & Research
Milky Mist Dairy IPO Subscription Breakup
| QIBs | To be announced |
| Non Institutional Investors | To be announced |
| Retail Investors | To be announced |
How to Apply for Milky Mist Dairy IPO?
Step 1
First, you need to visit the IPO section on our website.
Step 2
Then, click on the 'IPO Listing' option to view the IPO.
Step 3
Open the Milky Mist Dairy Limited IPO by tapping on it.
Step 4
You will see an option to subscribe that you need to click on.
Step 5
Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.
Step 6
Next, verify your details and select the 'Subscribe' option to complete the bidding.
You have completed your bidding for the Milky Mist Dairy Limited IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.