Milky Mist Dairy Food Ltd. is preparing for its large initial public offering. The company aims to launch the share sale as early as July or August. This offering is expected to be India's largest dairy sector IPO. Proceeds will fund manufacturing expansion and debt repayment. The company has completed investor roadshows for the upcoming launch.

The proposed offering comprises a fresh issue of shares worth as much as ₹1,785 crore and an offer for sale of up to ₹250 crore by founders, according to the draft prospectus.

Milky Mist Dairy Food Ltd. is preparing for its large initial public offering. The company aims to launch the share sale as early as July or August. This offering is expected to…