Milky Mist Dairy Food Ltd Summary
Milky Mist Dairy Food Limited was initially formed as a partnership Firm as M.M.D. Dairy at Erode, Tamil Nadu, and a Certificate of Registration dated February 1, 1999 issued by the Registrar of Firms, Periyar (Erode). The name of the Firm was changed to Milky Mist Dairy Food dated August 2, 2006.
The Firm subsequently converted and Company incorporated as a private Limited Company under the name Mily Mist Dairy Food Private Limited pursuant to a certificate of incorporation dated July 10, 2014 issued by the RoC. Subsequently, it converted into a public limited Company, and a fresh Certificate of incorporation dated May 26, 2025, was issued by the RoC.Milky Mist Dairy Food was the one of the first private companies to launch branded packaged paneer in India and subsequently established product categories through introduction of curd, ghee, butter, cheese, yogurt, ice cream, UHT long shelf life products, chocolates and sweetened condensed milk over the years. It operate two manufacturing facilities, of which one is located in Perundurai, Erode District, Tamil Nadu in producing dairy products.
The other facility is located in Bengaluru, Karnataka in producing frozen foods, including RTE and RTC products.In 2009, Company diversified the portfolio to include products such as ghee, butter, khova, and curd; diversified the portfolio to include products such as yogurt and cheese in 2011. The Company established Milky Mist Mega Plant Manufacturing Facility at Perundurai, Erode in 2018. It expanded the business with the launch of dairy whitener, cream cheese, probiotic curd, UHT range of products, and further launched frozen foods in 2020.
It launched greek yogurt and Skyr high protein yogurt in 2022; further it diversified the business by launching ice-cream, chocolate and sweetened condensed milk products in 2023.The Company increased the installed capacity of Set curd from 120 metric tons per day to 240 metric tons per day and pouch curd from 240 metric tons per day to 480 metric tons per day in 2025. The Company acquired the shares of Briyas Foods Private Limited and Asal Food Products Private Limited in FY 2025. On 13 August 2026, the Company launched the IPO of 110,943,192 Equity shares of Rs 2 each and raised funds of Rs 1553 crore.
The IPO comprise a fresh issue of 102,014,622 Equity shares amounting to Rs 1428 crore and the offer for sale of 8,928,570 equity shares amounting to Rs 125 crore.