NSE:MILKYMIST management interview: Wippi CEO & Co-Founder On South Central: Raises $1.2 Million Funding | Business News | ET Now
ET Now, 2026-08-18. Video: https://www.youtube.com/watch?v=dHzKbxj1-so
- Stock listing debut: Milky Mist listed at ₹165 per share, representing an 18% premium over its ₹140 issue price, before touching ₹181.5 in early trade for a nearly 30% gain.
- Revenue growth outlook: The company expects to maintain a growth rate of 30% to 33% going forward, mirroring its trajectory from the past three years.
- Margin expansion: Profit margins are projected to expand as the company emphasizes high-margin, value-added offerings such as ice cream and yogurt products.
- Proceeds utilization: Capital raised from the IPO will be deployed to repay existing debt and upgrade the company's production facility.