Milky Mist Dairy Food Ltd. is gearing up to launch its 20.35 billion rupees ($213 million) initial public offering as early as July, according to people familiar with the matter, paving the way for what is expected to be India’s largest dairy-sector IPO.
The Tamil Nadu-based company has completed investor roadshows and is aiming to open the share sale at the end of the month or in early August, the people said, asking not to be identified because the information is private.
