Milky Mist preps IPO after ₹480 cr capacity build-out

Erode-based dairy major Milky Mist, led by Chairman Satish Kumar, is gearing up for an IPO after deploying ₹480 crore into capacity and cold-chain infrastructure. The paneer-led brand has grown from milk trading roots to a ₹200 crore-plus topline, with debt held to ₹20 crore.

— Filed Fri, 26 Jun, 2026, 09:01 IST · Source The Hindu BusinessLine · Updated

Milky Mist Chairman Satish Kumar shared the Erode-based dairy company's journey from milk trading to paneer branding, detailing a ₹480 crore capacity investment and cold-chain ownership as it prepares for an upcoming IPO.