Milky Mist Dairy Food IPO GMP: Amazing 176% Profit Growth Signals Strong Debut
Milky Mist Dairy Food IPO GMP is drawing attention from investors as the dairy giant’s issue remains open for subscription, backed by standout financial growth that’s rare among recent mainboard listings. Here’s a complete breakdown of the GMP trend, IPO details, and financials.
Milky Mist Dairy Food IPO GMP Today
As of the latest reading, the Milky Mist Dairy Food IPO GMP stands at around Rs. 23 per share. Based on the upper price band of Rs. 140, this points to an estimated listing price of roughly Rs. 163, translating into a potential listing gain of approximately 16.4%.
As always, GMP remains an unofficial, unregulated indicator and can shift quickly right up until the actual listing day.
GMP Trend Over the Past Few Days
Tracking the Milky Mist Dairy Food IPO GMP shows notable day-to-day volatility rather than a steady climb:
- August 7: Rs. 26
- August 8: Rs. 25
- August 10: Rs. 26
- August 11: Rs. 21
- August 12: Rs. 23
This kind of back-and-forth movement in the Milky Mist Dairy Food IPO GMP is a reminder that grey market sentiment can shift quickly based on broader market mood, not just company-specific news.
About Milky Mist Dairy Food
Milky Mist Dairy Food is one of India’s leading dairy and frozen food companies, with a product portfolio spanning curd, ghee, butter, cheese, yogurt, ice cream, UHT long shelf-life products, chocolates, and sweetened condensed milk. Its broad category presence across both everyday dairy staples and higher-margin processed products gives it a fairly diversified revenue base within the sector.
Milky Mist Dairy Food IPO: Key Details
- Price Band: Rs. 133 to Rs. 140 per share
- Lot Size: 107 shares (minimum investment of approximately Rs. 14,980 at the upper band)
- Issue Size: Approximately Rs. 1,553 crore
- Fresh Issue: Rs. 1,428 crore
- Offer for Sale: Rs. 125 crore (89,28,570 shares)
- Subscription Opens: August 11, 2026
- Subscription Closes: August 13, 2026
- Allotment Date: August 14, 2026 (tentative)
- Listing Date: August 18, 2026 (tentative)
- Listing Exchanges: NSE and BSE
- Lead Managers: JM Financial Limited, Axis Capital Limited, and IIFL Capital Services Limited
- Registrar: Kfin Technologies Limited
Subscription Status
As of midday on the opening day, the Milky Mist Dairy Food IPO was subscribed 0.26 times (26%), with bids for 21.62 million shares against 81.80 million shares on offer, a relatively modest start that investors will be watching to see build over the remaining subscription days.
Financial Snapshot
Milky Mist Dairy Food’s numbers stand out among recent IPOs. Total income rose 33.55% to Rs. 3,145.01 crore in FY26, up from Rs. 2,354.79 crore in FY25. More strikingly, profit after tax (PAT) surged 176% year-on-year over the same period, alongside 34% revenue growth.
This combination of strong top-line growth and dramatically expanding profitability is relatively uncommon among mainboard IPOs, many of which list with widening losses rather than accelerating profits.
Should You Subscribe?
The Milky Mist Dairy Food IPO GMP suggests healthy but not runaway listing-day sentiment, and unlike several recent new-age listings, this company enters the market with genuinely strong, profitable fundamentals rather than growth funded by ongoing losses. That said, the relatively modest 26% Day 1 subscription is worth watching, since final demand could still shift meaningfully as the window progresses.
Disclaimer: Grey Market Premium (GMP) figures are based on unofficial market trends and are not regulated by SEBI or any stock exchange. This article is for informational purposes only and should not be considered investment advice. Please consult a certified financial advisor before making any investment decisions.
For more IPO and market updates, check out our Business section. You can also read about the Behari Lal Engineering GMP and the Molbio Diagnostics GMP for more recent IPO coverage.
Frequently Asked Questions
What is the Milky Mist Dairy Food IPO GMP today?
The Milky Mist Dairy Food IPO GMP stands at around Rs. 23 per share, suggesting an estimated listing price of roughly Rs. 163 against the Rs. 140 upper price band.
When does the Milky Mist Dairy Food IPO close?
The IPO opened on August 11, 2026, and closes on August 13, 2026.
What is the price band for the Milky Mist Dairy Food IPO?
The price band is set at Rs. 133 to Rs. 140 per share.
Is Milky Mist Dairy Food profitable?
Yes, and notably so. Profit after tax grew 176% year-on-year in FY26, alongside 34% revenue growth.
When will Milky Mist Dairy Food shares list?
Shares are expected to list on NSE and BSE on August 18, 2026, following a tentative allotment date of August 14, 2026.