# Milky Mist fixes Rs 1,553 crore IPO price band at Rs 133-140

2026-08-06T14:37:14+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Milky Mist Dairy Food will open its Rs 1,553 crore initial public offering on August 11, with the issue closing on August 13. The price band is Rs 133 to Rs 140 a share. The offer includes a fresh issue of Rs 1,428 crore and an offer for sale of Rs 125 crore. The Hindu reports that the company plans to use part of the proceeds to repay debt and fund investments. Investors must bid for at least 107 shares, requiring Rs 14,980 at the upper price. Shares are proposed to list on BSE and NSE. The Erode-based company makes paneer, curd, cheese, butter, chocolates and ice cream. Mint reports that South India contributed 69.23% of FY26 revenue and paneer accounted for 29.42%. The company plans to expand its Perundurai facility and cold-chain network.

## Coverage

- thehindu.com <https://www.thehindu.com/business/milky-mist-ipo-to-open-on-august-11/article71312919.ece>
- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/milky-mist-ipo-price-band-fixed-at-133-140-issue-opens-on-august-11/article71314129.ece>
- livemint.com <https://www.livemint.com/companies/milky-mist-ipo-dairy-milk-paneer-amul-mother-dairy-cooperatives-11786009153068.html>

Tags: dairy industry, IPO, Milky Mist, stock market, Temasek
Canonical: https://indianopinion.org/milky-mist-sets-rs-1553-crore-ipo-price-band/
License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources.
Cite: https://indianopinion.org/milky-mist-sets-rs-1553-crore-ipo-price-band/#story-in-brief

Review state: restored archive article, accurate at time of publication, not offered to search indexes.