New Delhi, Feb. 20 -- Indian dairy products maker Milky Mist will push ahead with its planned initial public offering this year despite volatile markets, its CEO said, adding the company expects to maintain about 30% annual revenue growth.

The Tamil Nadu-based firm received regulator approval for an IPO worth 20.35 billion rupees ($223.72 million) in October 2025, a year in which India emerged as the second-largest IPO market, according to data from LSEG. But this year's tech‑services selloff has cooled investor sentiment, with new listings such as Fractal Analytics and Shadowfax Technologies struggling on debut.

Milky Mist expects to list before its regulatory approval expires in October, CEO K. Rathnam told Reuters in an intervi...