Milky Mist raises Rs 482 crore from Temasek arm in pre-IPO round
Published on: May 4, 2026, 3:25 p.m. | Source: Daily Excelsior
NEW DELHI, May 4: A Dairy products maker Milky Mist Dairy Food Ltd has raised about Rs 482 crore from Jongsong Investments Pte Ltd, an indirect wholly-owned subsidiary of Temasek Holdings, in a pre-initial public offering (IPO) funding round, according to a public announcement. The fundraise includes a primary capital infusion of around Rs 357 crore and a secondary share sale worth about Rs 125 crore ahead of the company’s proposed IPO. As part of the primary issuance, the company allotted […]
