GMP IPO Watch
Milky Mist IPO
Milky Mist IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Milky Mist IPO Details
Key facts at a glance| IPO Open Date | 10 August 2026 | IPO Close Date | 12 August 2026 |
|---|---|---|---|
| Basis of Allotment | 13 August 2026 | Listing Date | 17 August 2026 |
| Price Band | ₹133 - ₹140 per share | Face Value | ₹10 per share |
| Market Lot Size | 107 Shares | Min Investment (Retail) | ₹14,980 |
| Total Issue Size | ₹140 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
Milky Mist IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 10 August 2026 | Confirmed |
| IPO Close Date | 12 August 2026 | Confirmed |
| Basis of Allotment | 13 August 2026 | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 17 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Milky Mist IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 107 Shares | ₹14,980 |
| Retail (Max) | 13 Lots | 1,391 Shares | ₹1,94,740 |
| S-HNI (Min) | 14 Lots | 1,498 Shares | ₹2,09,720 |
| S-HNI (Max) | 66 Lots | 7,062 Shares | ₹9,88,680 |
| B-HNI (Min) | 67 Lots | 7,169 Shares | ₹10,03,660 |
Milky Mist IPO Live GMP & Movement History
Daily unofficial grey market trends₹22 +15.7%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 13 Aug 2026 | ₹22 | ₹162.00 | +15.71% |
| 12 Aug 2026 | ₹23 | ₹163.00 | +16.43% |
| 7 Aug 2026 | ₹26 | ₹166.00 | +18.57% |
Milky Mist IPO Subscription Status
Demand breakdown by investor categoryAbout Milky Mist
Milky Mist, founded in 1985 by T. Sathish Kumar, is a packaged food company with revenue exceeding ₹15,000 million, growing at 29.82% CAGR from FY2023 to FY2025. Based in Erode, Tamil Nadu, the company operates farm-to-retail infrastructure, sourcing milk from 67,615 farmers across South India. With 17% market share in the private packaged paneer segment and ranking third nationally in cheese, Milky Mist produces value-added dairy products under brands including ‘Milky Mist,’ ‘SmartChef,’ and ‘Capella.’ The company reaches 350,000+ retail touchpoints across 22 states through 3,062 distributors.
Milky Mist IPO Reservation & Share Quotas
The Milky Mist IPO follows the SEBI-prescribed reservation structure for a Book Built Issue. The public issue is allocated among Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors (RIIs), and Anchor Investors. The final allotment in each category will depend on investor demand and the basis of allotment finalized after the IPO closes.
The category-wise reservation details for the public issue are provided below.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| Qualified Institutional Buyers (QIB) (Excluding Anchor) | – Shares | 50% |
| Non-Institutional Investors (NII) | – Shares | 15% |
| Retail Individual Investors (RII) | – Shares | 35% |
Milky Mist IPO Anchor Investors
Milky Mist Dairy Food Limited has reserved a portion of its IPO for eligible Anchor Investors before the public issue opens for subscription. Anchor investors are Qualified Institutional Buyers (QIBs) who participate in the IPO one working day before the public issue, helping improve price discovery and enhance investor confidence in the offering.
The details below include the anchor bidding schedule, proposed allocation, issue size, and the applicable SEBI-prescribed lock-in periods. The final list of anchor investors and allocation details will be announced after the completion of the anchor placement process.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 10, 2026 |
| Anchor Investors List | To be announced |
| Shares Offered | [.] Shares |
| Anchor Issue Size | [.] Crores |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Milky Mist IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 11 Aug 2026 |
| IPO Close Date | 13 Aug 2026 |
| Basis of Allotment | 14 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 18 Aug 2026 |
Note: The timeline for Milky Mist IPO is tentative and subject to change.
Milky Mist Promoters and Shareholding Pattern
The promoters of Milky Mist Dairy Food Limited have been instrumental in establishing the company as one of India's leading value-added dairy product manufacturers. Following the IPO, the promoter group will continue to retain a significant majority stake while public shareholding will increase through the fresh issue and Offer for Sale (OFS).
The table below summarizes the promoter and public shareholding pattern before and after the IPO based on the proposed issue structure.
Promoters of Milky Mist Dairy Food Limited
- Satishkumar T
- Anitha S
| Category | Pre IPO Shares | Pre IPO Holding | Post IPO Shares | Post IPO Holding |
|---|---|---|---|---|
| Promoter and Promoter Group | 621,055,917 | 93% | 61,21,27,347 | 79.52% |
| Others* | 46,772,872 | 7% | 15,77,16,065 | 20.48% |
| Total | 667,828,789 | 100% | 76,98,43,412 | 100% |
Milky Mist Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Milky Mist About the IPO
Milky Mist Dairy Food is one of the leading dairy and frozen food products companies in India. The company is involved in the production and distribution of dairy products, including curd, ghee, butter, cheese, yogurt, ice cream, UHT long shelf life products, chocolates, and sweetened condensed milk. Incorporated in 2014, the company started with packaged paneer in India, and then decided to expand the business with other dairy products.
The firm operates its business on a farm-to-retail supply chain model. They source raw milk directly from the 67,615 farmers across 22 districts in Tamil Nadu, Andhra Pradesh, and Karnataka. One of its manufacturing facilities is situated in Bengaluru, Karnataka, and is used for storing frozen products such as ready-to-eat and ready-to-cook items.
Milky Mist Company Financial Report
To Be Updated Soon
Milky Mist Company Valuation & Key Performance Indicators
To Be Updated Soon
Milky Mist Peer Group Comparison
To Be Updated Soon
Milky Mist Lead Managers & Merchant Bankers
- JM Financial Limited
- Axis Capital Limited
- IIFL Capital Services Limited
Milky Mist IPO FAQs
Milky Mist IPO opens for subscription on 10 August 2026 and closes on 12 August 2026.
The price band for Milky Mist IPO is set at ₹133.00 to ₹140.00 per share.
The minimum market lot size is 107 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 107 Shares (₹14,980).
The latest Grey Market Premium (GMP) for Milky Mist IPO is ₹22. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Milky Mist IPO is tentatively scheduled for 13 August 2026, and shares are expected to list on the stock exchanges on 17 August 2026.
The registrar details will be confirmed in the official prospectus.