Dodla Dairy IPO
Mainboard₹14,980 / 35 Shares
Dodla Dairy IPO Details
The Dodla Dairy IPO price band is set between ₹421-428 per equity share, with a face value of ₹10 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 16 Jun, 2021 and closes on 18 Jun, 2021. Investors can check the allotment status on 23 Jun, 2021, while the listing date is tentatively scheduled for 28 Jun, 2021.
The total issue size 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 , aggregating up to . Stay tuned for the latest Dodla Dairy IPO review and GMP updates.
Dodla Dairy IPO Review, Rating & Analysis
Dodla Dairy IPO Review
NO REVIEWDodla Dairy IPO Rating
Dodla Dairy IPO Highlights
IPO Date
Jun 16, 2021 - Jun 18, 2021
Listing Date
28 Jun, 2021
Face Value
₹10 Per Equity Share
Price Band
₹421-428 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Dodla Dairy IPO Lot Size
The minimum market lot for Dodla Dairy IPO is 35 shares with an application amount of ₹14,980. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹14,980 |
| Retail (Max) | 13 | 455 | ₹1,94,740 |
| S-HNI (Min) | 14 | 490 | ₹2,09,720 |
| S-HNI (Max) | 66 | 2310 | ₹9,88,680 |
| B-HNI (Min) | 67 | 2345 | ₹10,03,660 |
Dodla Dairy IPO Timeline
Issue Price
₹421-428 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
Axis Capital Limited, ICICI Securities LimitedIssue Size
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 ₹10Dodla Dairy IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Sep 20 | 818.32 | 918.22 | 74.77 | - | - | - |
| 31 Mar 20 | 800.30 | 2145.64 | 49.87 | - | - | - |
| 31 Mar 19 | 751.92 | 1699.45 | 62.76 | - | - | - |
| 31 Mar 18 | 608.96 | 1597.01 | 56.85 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Dodla Sunil Reddy
- Dodla Sesha Reddy
- Dodla Family Trust
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 68.51% | 64.17% |
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.
Dodla Dairy IPO Subscription Details
| As on | QIB | NII bNII sNII | 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 |
9.68 times
Frequently Asked Questions about Dodla Dairy IPO IPO
When will Dodla Dairy IPO open for subscription?
The Dodla Dairy IPO opens on 16 Jun, 2021 and closes on 18 Jun, 2021.
What is the investors portion for Dodla Dairy IPO?
The investors' portion for QIB is 84.88 x, NII is 73.26, and Retail is 11.34 x.
How to apply for Dodla Dairy IPO?
You can apply for Dodla Dairy IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Dodla Dairy IPO?
The issue size of Dodla Dairy IPO is approx ₹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 crores.
What is the price band of Dodla Dairy IPO?
The price band for Dodla Dairy IPO is ₹421 to ₹428 per equity share.
What is the lot size of Dodla Dairy IPO?
The minimum bid (lot size) for Dodla Dairy IPO is N/A shares with an investment of approx ₹14,980 .
What is the allotment date of Dodla Dairy IPO?
The allotment date for Dodla Dairy IPO is 23 Jun, 2021.
What is the listing date of Dodla Dairy IPO?
The listing date for Dodla Dairy IPO is expected to be 28 Jun, 2021.
What is the GMP of Dodla Dairy IPO?
The latest Grey Market Premium (GMP) for Dodla Dairy IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.