IPO Synopsis
Milky Mist Dairy Food Ltd
Initial public offering of up to [*] equity shares of face value of Rs. 2/- each ("Equity Shares") of Milky Mist Dairy Food Limited ("the Company" or "Issuer") for cash at a price of Rs. [*] per equity share (Including a premium of Rs. [*] per Equity Share) ("Offer Price") aggregating up to Rs. 1553.00 crores comprising a fresh issue of up to [*] equity shares of face value of Rs. 2/- each aggregating up to Rs. 1428.00 crores by the company (the "Fresh Issue") and an offer for sale of up to [*] equity shares ("Offered Shares") aggregating up to Rs. 125.00 crores by Sathishkumar T and Anitha S (the "Promoter Selling Shareholders", and such offer for sale by the promoter selling shareholders, the "Offer for Sale" together with the fresh issue, the "Offer"). This offer includes a reservation of up to [*] equity shares of face value of Rs. 2/- each aggregating up to Rs. 2 crores (Constituting up to [*]% of the post-offer Paidup Equity Share Capital of the Company) for subscription by eligible employees (the "Employee Reservation Portion"). The company, in consultation with the book running lead managers, may offer a discount of up to [*]% (Equivalent of Rs. [*] per equity share) to the offer price to eligible employees bidding under the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*]% and [*]%, respectively of the post-offer paid-up equity share capital of the company. The company, in consultation with the brlms, may consider a further issue of specified securities, aggregating up to Rs.357.00 crores, as may be permitted under the applicable law, at its discretion, prior to filing of the ("pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the preipo placement will be reduced from the fresh issue, subject to the offer being in compliance with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended ("scrr"). The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. prior to the allotment pursuant to the preipo placement, the company shall appropriately intimate the subscribers to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (If Undertaken). The face value of equity shares is Rs.2/- each. the offer price is [*] times the face value of the equity shares. The price band, employee discount (if any) and the minimum bid lot will be decided by the company.
Issue
Opens On Closes On
11-Aug-26 13-Aug-26
Money Payable On
Application Allotment
133.00 0.00
Minimum Application for shares in Nos : 107 Further Multiples of : 107
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Axis Capital Limited
Project Financed through Current Offer (.Cr) 1553.00  
Post Issue Equity Share Capital (.Cr) 0.00
Issue Price () 133.00
Projects
Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company
Financing the capital expenditure requirements in relation to the expansion and modernisation of the company Perundurai Manufacturing Facility
Deployment of visi coolers, ice cream freezers and chocolate coolers
General corporate purposes
Promoted By
Sathishkumar T
Anitha S
Taurus Family Private Trust
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd

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