Tamil Nadu-based dairy products company Milky Mist is eyeing an IPO at a ₹20,000 crore ballpark valuation, Moneycontrol reported. This comes months after Milky Mist's discussions to raise a private round of funding from WestBridge fell through. Founder T Sathish Kumar dropped out of school and started helping with his father's failing milk business to build Milky Mist.