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Temasek arm backs Milky Mist ahead of IPO as part of Rs 482 crore pre-listing round
Milky Mist Dairy Food has raised Rs 482 crore in a Temasek-backed pre-IPO round, led by Jongsong Investments. The funding strengthens its balance sheet ahead of its planned market debut, signalling strong institutional interest in the value-added dairy brand …
Milky Mist raises ₹482 crore in pre-IPO round led by Temasek arm
The entire primary investment was led by Jongsong Investments, while promoters Sathishkumar T. and Anitha S. sold 89,43,903 equity shares at ₹139.76 a share, aggregating roughly ₹125 crore, as part of a secondary transaction.