Milky Mist sets ₹1,553 crore IPO to fund dairy capacity and cold chain
The Erode-based premium dairy company will open its IPO on August 11, with a ₹1,428 crore fresh issue funding debt reduction, Perundurai facility expansion and cold-chain equipment. Listing is proposed for August 18.
Milky Mist will open its ₹1,553 crore IPO on August 11, funding debt repayment, Perundurai dairy-facility expansion and cold-chain equipment. The Erode-based premium dairy brand expects listing on BSE and NSE on August 18.
Why this matters
The IPO follows Milky Mist's earlier ₹482 crore Temasek-backed pre-IPO raise and its revised ₹1,553 crore issue plan. It also confirms the previously reported ₹133–140 price band and Perundurai capacity expansion focus.
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