Started making paneer for South Indian hotels in the early 1990s, Sathish Kumar turned a failing family milk business into Milky Mist, one of India's most recognised dairy brands. With the company's IPO now fully subscribed and backed by Temasek, the Class VIII dropout from Erode has built what is on track to become a Rs 10,000 crore dairy empire.

Milky Mist Dairy Food plans a significant initial public offering to fund capital expenditure and reduce debt. The company seeks to raise ₹1,428 crore through a fresh issue and…

Started making paneer for South Indian hotels in the early 1990s, Sathish Kumar turned a failing family milk business into Milky Mist, one of India's most recognised dairy brands.…