Milky Mist Dairy Food Limited began as a partnership firm, “M.M.D. Dairy,” in Erode, Tamil Nadu (registered in 1999), later renamed “Milky Mist Dairy Food” in 2006. It was incorporated as a private limited company in July 2014 and subsequently converted into a public limited company, adopting the name “Milky Mist Dairy Food Limited” with a fresh certificate of incorporation issued on May 26, 2025.
The company was among the first private players in India to launch branded packaged paneer and has expanded into multiple dairy categories over time. Its portfolio includes paneer, curd, ghee, butter, cheese, yogurt (including Greek yogurt and Skyr high-protein yogurt), ice cream, UHT long shelf-life products, chocolates, sweetened condensed milk, and whey powder, alongside newer launches such as dairy whitener, cream cheese, probiotic curd, and frozen foods.
Milky Mist operates two manufacturing facilities: a dairy products plant in Perundurai, Erode District, Tamil Nadu (including the “Milky Mist Mega Plant” established in 2018) and a Bengaluru, Karnataka facility producing frozen foods, including ready-to-eat (RTE) and ready-to-cook (RTC) products. In 2025, it expanded curd capacity, increasing set curd from 120 to 240 metric tons per day and pouch curd from 240 to 480 metric tons per day.
The company plans to raise Rs 2,035 crore through an equity issuance (face value Rs 2 per share), comprising a fresh issue of Rs 1,785 crore and an offer for sale of Rs 250 crore.
