Milky Mist eyes ₹1,553 crore IPO launch by mid-August after ₹482 crore pre-IPO raise
Dairy brand Milky Mist Dairy Food is expected to launch a ₹1,553 crore IPO in early to mid-August 2026, following a ₹482 crore pre-IPO placement. Its total proposed fundraise stands at ₹2,035 crore.
Milky Mist Dairy Food is expected to launch its ₹1,553 crore IPO by mid-August after raising ₹482 crore pre-IPO. Separately, Akums subsidiary Pure and Cure approved acquisition of Oriflame India’s manufacturing business for ₹56 crore.
Why this matters
Milky Mist’s planned launch follows recent signals on an early-August IPO after a Temasek-led raise, a $213 million listing plan, and a ₹2,035 crore fundraising target by July-end.
Retail-company signals are accelerating, up +1068300% QoQ.
Also reported by
- The Hindu BusinessLine — Same time