Milky Mist Dairy and Lalitha Jewellery announce upcoming IPOs

Two Indian companies, Milky Mist Dairy Food Limited and Lalitha Jewellery Mart Limited, have announced upcoming initial public offerings (IPOs) scheduled for August 2026.

Milky Mist Dairy Food Limited will open its subscription period from August 11 to August 13, 2026. The price band for its shares is set between ₹133 and ₹140. The offering includes a fresh issue of shares valued at approximately ₹14,280 million and an offer for sale (OFS) worth ₹1,250 million, which includes stakes being sold by Satishkumar T and Anita S. The company previously raised ₹3,570 million through a pre-IPO placement.

Lalitha Jewellery Mart Limited, a jewelry retailer operating across South India, will conduct its IPO from August 17 to August 19, 2026. The price band is set between ₹190 and ₹201 per share. The IPO consists of a fresh issue of up to ₹1,200 crore and an offer for sale of up to ₹500 crore by promoter M. Kiran Kumar Jain. The company operates 61 stores across several states, including Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, and Puducherry.