Milky Mist Company's Exciting IPO Journey from Tamil Nadu!
Milky Mist Company's IPO from Tamil Nadu... Things Investors Need to Know! As the Indian IPO market is buoyant, various new companies are actively taking steps to issue IPOs. In this situation, Milky Mist Company from Erode district of Tamil Nadu has filed documents with SEBI to issue IPO. Let's take a detailed look at this IPO. Milky Mist Company, which was started in Erode, is trading in value-added dairy products. The dairy market in India is fiercely competitive. From milk cooperatives to private companies, many companies across India are competing in the dairy market. Most of the companies are also directly involved in milk trading. However, Milky Mist Company has approached this dairy market competition a little differently. That is, it does not trade in milk at all. Instead, it is trading in a variety of value-added dairy products such as paneer, curd, ghee, butter, cheese, ice cream, yoghurt and milk-based drinks. It procures milk from about 67,000 farmers and manufact...