Milky Mist refreshes books with FY26 numbers, readies UDRHP for ₹2,035-cr IPO
Erode-based dairy major Milky Mist is updating financials with FY26 numbers before filing its UDRHP, CEO Rathnam said. The ₹2,035-cr issue (₹1,785-cr fresh, ₹250-cr OFS) follows a ₹357-cr Temasek pre-IPO round. A ₹1,130-cr Baramati plant, 350,000 retail touchpoints and 14-15% quick-commerce share anchor the high-protein dairy push.
Milky Mist is updating FY26 financials to file a UDRHP for its ₹2,035 crore IPO, having raised ₹357 crore from Temasek. It's building a ₹1,130 crore Baramati plant and pushing high-protein dairy via 350,000 retail touchpoints, with quick commerce at 14-15%.