Structure of the capital raise combines a fresh share issue of 1,428 crore rupees with an offer for sale worth 125 crore rupees from existing shareholders. The current transaction scale reflects a trimmed issue size compared to initial draft filings, following a successful 357 crore rupee pre-IPO placement that brought Temasek affiliate Jongsong Investments onto the cap table with a 5.16 percent equity stake. Promoters maintain a 93 percent controlling stake heading into the public listing across the National Stock Exchange and Bombay Stock Exchange.

Proceeds from the fresh capital issue will directly fund balance sheet strengthening and processing infrastructure buildouts across Southern India. Management allocated 496.8 crore rupees toward debt repayment to reduce total borrowings that stood at 1,390.7 crore rupees as of May 2026. Furthermore, 469.2 crore rupees will expand and modernize the primary manufacturing complex at Perundurai in Tamil Nadu, while 155.3 crore rupees will fund cold-chain hardware deployments including visi coolers and ice cream freezers.

Operational performance demonstrated strong top-line momentum, with total revenue rising 34 percent year-on-year to 3,145 crore rupees in fiscal 2026. Net profit surged 176 percent to reach 127 crore rupees over the same period, benefiting from an exclusive commercial focus on high-margin value-added dairy commodities rather than price-sensitive liquid milk. The product portfolio spans paneer, cheese, curd, ghee, probiotic yogurts, and UHT items, supported by direct procurement in milk-dense catchment areas.