EXHIBIT 21

                  INGLES MARKETS, INCORPORATED AND SUBSIDIARIES

                         SUBSIDIARIES OF THE REGISTRANT

Milkco, Inc., a North Carolina corporation.

Sky King, Inc., a North Carolina corporation.

Ingles Markets Investments, Inc., a Nevada corporation.

Shopping Center Financing, LLC, a Georgia corporation.

Shopping Center Financing II, LLC, a Georgia corporation.

IMI Holdings, LLC, a Georgia limited liability company.