Dodla Dairy IPO
MainboardConsumer Food
Listed On: Jun 28, 2021 at ₹ 550(NSE)
₹ 14980 /35 Shares
Check Allotment16 Jun, 2021
Open Date18 Jun, 2021
Close Date23 Jun, 2021
Allotment Date28 Jun, 2021
Listing DatePrice Summary
Last Closing
1,215.00 (183.88%)52 Week High
1,525.0052 Week Low
965.50Last Update
17-Dec-2025 3:30 PMIPO Issue Details
- Issue Price ₹421-428 per equity share
- Face Value ₹10 Per Equity Share
-
Issue Price
Total Equity Shares 1,21,53,738 of ₹10 at price of ₹421 to ₹428 with aggregating up to ₹520.18 Cr
# Fresh Issue of 11,68,224 Equity Shares of ₹10 at price of ₹421 to ₹428 with aggregating up to ₹50.00 Cr
# Offer for Sale of 1,09,85,444 Equity Shares of ₹10 at price of ₹421 to ₹428 with aggregating up to ₹470.18 Cr - Listing at BSE, NSE
- List Price 550(NSE)
- Listing Date 2021-06-28
- Lead Manager Axis Capital Limited, ICICI Securities Limited
- Registrar KFintech Private Limited
IPO Details
- Retail Portion 35%
IPO Details
The IPO of is priced at ₹421-428 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Jun 16, 2021 and ends on Jun 18, 2021. The allotment for IPO will be finalized on Jun 23, 2021. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jun 28, 2021. The company shall list its equity shares on the BSE, NSE. KFintech Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are Axis Capital Limited, ICICI Securities Limited.
The IPO sets its price band at 421-428 for each share. A single application for Dodla Dairy IPO must contain at least 35 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 24,30,734 | 18,23,051 | 42,53,784 | 85,07,569 |
|
Day 1
16-06-20 05:00 PM
|
0.02 x | 0.15 | 2.73 x | 1.41 x |
|
Day 2
17-06-20 05:00 PM
|
0.28 x | 0.60 | 6.17 x | 3.30 x |
|
Day 3
18-06-20 05:00 PM
|
84.88 x | 73.26 | 11.34 x | 45.62 x |
Valuations
Company Financials
| 31-Sep-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 818.32 | 800.30 | 751.92 | 608.96 |
| Revenue | 918.22 | 2,145.64 | 1,699.45 | 1,597.01 |
| Profit After Tax | 74.77 | 49.87 | 62.76 | 56.85 |
About Company
Dodla Dairy Limited is an integrated dairy company in South India that is engaged in the procurement, processing, distribution, and marketing of milk and other dairy products. It processes and sells milk including standardized, toned, and double toned milk, and produces dairy products like curd, butter, ghee, ice cream, flavoured milk, etc.
Its Indian operations are mainly undertaken under the brand name of "Dodla", "Dodla Dairy", and "KC+" whereas it serves overseas market under the brand name of "Dodla Dairy", "Dairy Top", and "Dodla+". Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, and Maharashtra are the key Indian market segments served by the company while in the overseas market, it mainly serves countries like Uganda and Kenya.
It has a total of 13 processing plants to process raw material into packaged milk and manufacture dairy-based value-added products. The firm has a strong distribution network of 40 sales offices, 3336 distribution agents, 863 milk distributors, and 449 product distributors across 11 states in India.
- Promoter(s)
Dodla Sunil Reddy
Dodla Sesha Reddy
Dodla Family Trust
Pre Issue Share Holding : 68.51%
Post Issue Share Holding : 64.17%
IPO - Issue Objectives
To repay or prepay company's borowings fully or partially.
To finance capital expenditure requirements.
To meet general corporate purposes.
IPO - Anchor Investors
Dodla Dairy mobilises Rs 156 crore from anchor investors ahead of IPO
Those participated in the anchor bidding included SBI Mutual Fund (MF), Aditya Birla Sun Life MF, Edelweiss MF, Kuber India Fund, Saint Capital Fund and Integrated Core Strategies Asia Pte Ltd.
They also included International Finance Corporation, Ashoka India Opportunities Fund, and IIFL Special Opportunities Fund.
IPO - FAQs
Ans. Dodla Dairy IPO is a Mainboard IPO. The issue is priced at ₹421-428 per equity share. The minimum order quantity is 35 Shares. The IPO opens on Jun 16, 2021, and closes on Jun 18, 2021. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Dodla Dairy IPO opens on Jun 16, 2021 and closes on Jun 18, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Dodla Dairy IPO is Total Equity Shares 1,21,53,738 of ₹10 at price of ₹421 to ₹428 with aggregating up to ₹520.18 Cr # Fresh Issue of 11,68,224 Equity Shares of ₹10 at price of ₹421 to ₹428 with aggregating up to ₹50.00 Cr # Offer for Sale of 1,09,85,444 Equity Shares of ₹10 at price of ₹421 to ₹428 with aggregating up to ₹470.18 Cr.
Ans. The Dodla Dairy IPO price band is set between ₹421-428 per equity share.
Ans. To apply for Dodla Dairy IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Dodla Dairy IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Dodla Dairy IPO is Jun 23, 2021.
Ans. The Dodla Dairy IPO will be listed on Jun 28, 2021.
Ans. Follow the steps to check the Dodla Dairy IPO allotment status online.
