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Milky Mist Dairy Food IPO IPO

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Issue Size
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets2,150.591,606.261,289.42
Total Income2,354.791,826.861,398.95
Profit After Tax46.0719.4427.23
EBITDA310.35222.33201.39
NET Worth242.77197.05177.37
Total Borrowing1,376.381,036.72798.06
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Orkla India Ltd.Mainboard₹1,667.33 Cr₹73039.11₹713.65-2.24%₹556.75 (-0.21%)
Elfin Agro India Ltd.SME₹25.03 Cr₹4713.05₹47.60+1.28%₹79.50 (+0.00%)
Shyam Dhani Industries Ltd.SME₹38.49 Cr₹7013.19₹139.65+99.50%₹58.25 (+0.17%)
Pajson Agro India Ltd.SME₹74.45 Cr₹11810.11₹130.20+10.34%₹180.00 (-0.28%)
Mother Nutri Foods Ltd.SME₹39.59 Cr₹11717.78₹124.30+6.24%₹161.50 (+0.00%)
Rukmani Devi Garg Agro Impex Ltd.SME₹23.52 Cr₹998.5₹77.13-22.09%₹106.45 (+0.00%)
Gujarat Peanut & Agri Products Ltd.SME₹23.81 Cr₹808.97₹67.20-16.00%₹75.00 (+2.74%)
Shivashrit Foods Ltd.SME₹70.03 Cr₹14216.44₹141.45-0.39%₹123.00 (+8.13%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by Company750.00
2Financing the capital expenditure requirements in relation to the expansion and modernisation of Perundurai Manufacturing Facility414.72
3Deployment of visi coolers, ice cream freezers and chocolate coolers129.43
4General corporate purposes
Total1,294.14

About Milky Mist Dairy Food IPO

Incorporated in 2014, Milky Mist Dairy Food Limited is an Indian dairy company engaged in the production and distribution of a wide range of dairy and frozen food products. The company initially introduced branded packaged paneer in India and subsequently expanded its portfolio to include curd, ghee, butter, cheese, yogurt, ice cream, UHT long shelf life products, chocolates, and sweetened condensed milk. Operations & InfrastructureMilky Mist Dairy Food Limited operates an integrated farm-to-retail supply chain model. Raw milk is sourced directly from 67,615 farmers across 22 districts in Tamil Nadu, Andhra Pradesh, and Karnataka, all located within a 400-kilometre radius of its primary manufacturing facility in Perundurai, Erode District, Tamil Nadu. This facility focuses on value-added dairy production. A second facility in Bengaluru, Karnataka, is dedicated to the production of frozen foods, including ready-to-eat (RTE) and ready-to-cook (RTC) products. As of March 31, 2025, the company’s logistics infrastructure included 44 milk vans for sourcing, 252 reefer trucks for temperature-controlled transportation of perishable goods, and 34 ambient trucks for non-perishable items. Sal

Contact Details

Milky Mist Dairy Food Ltd. AddressSF No. 43/1-4,Pattakaranpalayam,PerunduraiErode, Tamil Nadu, 63805791 424 2533248investor@milkymist.comVisit Website