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Dodla Dairy Limited IPO (Dodla Dairy IPO) Detail

Jun 16, 2021 - Jun 18, 2021

Incorporated in 1995, 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.

Competitive strengths

  • Large product portfolio.
  • Leading dairy player in the Southern region of India.
  • Strong distribution network.
  • Integrated business model with stringent quality control procedure.
  • Experienced board and managerial team.

Company Promoters:

Dodla Sunil Reddy, Dodla Sesha Reddy, and Dodla Family trust are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in millions)
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 8,637.87 8,003.08 7,519.21 6,089.64
Total Revenue 14,170.35 21,456.49 16,994.59 15,970.13
Profit After Tax 1,163.85 498.71 627.62 568.54

Objects of the Issue:

The net IPO proceeds will be used for the following purposes;

  • To repay or prepay company's borowings fully or partially.
  • To finance capital expenditure requirements.
  • To meet general corporate purposes.

Dodla Dairy IPO Details

IPO Opening Date Jun 16, 2021
IPO Closing Date Jun 18, 2021
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹421 to ₹428 per equity share
Market Lot 35 Shares
Min Order Quantity 35 Shares
Listing At BSE, NSE
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹520.18 Cr)
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹50.00 Cr)
Offer for Sale[.] Eq Shares of ₹10
(aggregating up to ₹470.18 Cr)

Dodla Dairy IPO Tentative Timetable

The Dodla Dairy IPO open date is Jun 16, 2021, and the close date is Jun 18, 2021. The issue may list on Jun 28, 2021.

IPO Open Date Jun 16, 2021
IPO Close Date Jun 18, 2021
Basis of Allotment Date Jun 23, 2021
Initiation of Refunds Jun 24, 2021
Credit of Shares to Demat Account Jun 25, 2021
IPO Listing Date Jun 28, 2021

Dodla Dairy IPO Lot Size

The Dodla Dairy IPO market lot size is 35 shares. A retail-individual investor can apply for up to 13 lots (455 shares or ₹194,740).

Application Lots Shares Amount (Cut-off)
Minimum 1 35 ₹14,980
Maximum 13 455 ₹194,740

Dodla Dairy IPO Promoter Holding

Pre Issue Share Holding 68.52%
Post Issue Share Holding 64.17%

Dodla Dairy IPO Subscription Status (Bidding Detail)

The Dodla Dairy IPO is subscribed 45.62 times on Jun 18, 2021 17:00. The public issue subscribed 11.34 in the retail category, 84.88 in the QIB category, and 73.26 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB

84.88

NII

73.26

RII

11.34

Total

45.62

Dodla Dairy IPO Prospectus

Dodla Dairy IPO Rating

967
4.0
Rating:Rated 4.0 stars
Vote Here ...

Dodla Dairy IPO Listing Date

Listing Date Monday, June 28, 2021
BSE Script Code 543306
NSE Symbol DODLA
Listing In B Group of Securities
ISIN INE021O01019
IPO Price ₹428 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹428.00
₹528.00
₹528.00
₹633.60
₹609.10
NSE
₹428.00
₹550.00
₹550.00
₹652.00
₹609.90

Company Contact Information

Dodla Dairy Limited
8-2-293/82/A/270-Q, Road No. 10-C,
Jubilee Hills, Hyderabad, 500 033

Phone: +91 40 4546 7777
Email: mail@dodladairy.com
Website: http://www.dodladairy.com/

Dodla Dairy IPO Registrar

KFintech Private Limited

Phone: 04067162222, 04079611000
Email: dodladairy.ipo@kfintech.com
Website: https://karisma.kfintech.com/

Dodla Dairy IPO FAQs

Dodla Dairy IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹520.18 Crores. The issue is priced at ₹421 to ₹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.

Zerodha customers can apply online in Dodla Dairy IPO using UPI as a payment gateway. Zerodha customers can apply in Dodla Dairy IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Dodla Dairy IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Dodla Dairy IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Dodla Dairy IPO opens on Jun 16, 2021 and closes on Jun 18, 2021.

Dodla Dairy IPO lot size is 35 Shares and the minimum order quantity is 35 Shares.

You can apply in Dodla Dairy IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Dodla Dairy IPO will be done on Jun 23, 2021, and the allotted shares will be credited to your demat account by Jun 25, 2021. Check the Dodla Dairy IPO allotment status.

The Dodla Dairy IPO listing date is on Monday, June 28, 2021.

Dodla Dairy IPO Message Board

Ranked Members  Ranked Members

Loading...
195. baat suddh hindi me |Jun 30, 2021 18:44
I have been alloted 1 lot of dodala dairy ipo. I have not sold it still. Should I hold or sell ?

Please help
194. 🔥 IPO CALLING 🔥 |Jun 30, 2021 14:54
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
It is next to mtar

Remember ipo Calling

Mal uthavooo
193. SHANI |Jun 30, 2021 14:03
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
AMUL MILK increase milk price 2Rs. per litter , with effect from tomorrow
193.1. CBhai |Jul 1, 2021 18:45
Am new here. Pls explain what you mean by the Clean Science figures? Thanks
192. SHANI |Jun 30, 2021 13:55
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
AMUL DAIRY has increase milk price 2Rs. PER LITTER
191. 🔥 IPO CALLING 🔥 |Jun 29, 2021 20:42
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Sbi mf acquired 4% stake

Ab maja ayega

Tomorrow 💣💣💣💣💣💣
190. Be positive |Jun 29, 2021 17:19
I have allotted 1/1 lot and i have sold my 22 quantity @ 640 yesterday. Remaining 13 for long. Pls advice is it good for long-term
189. 🔥 IPO CALLING 🔥 |Jun 27, 2021 10:53
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
100 109
188. Chalak lomdi |Jun 27, 2021 23:34
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
1 suggestion he kheladio ke liye...

Pre open me me jo bhav aaye usko 10 baje bad 10 rs. Nicha stop loss bana dena...

Example 100 pe pre open / 10 baje bad 110 120 ho tab 90 rs. Ko stop loss bana dena.

Hope for good batting. All the best.. Jay mataji let''s rock...

555 💥💥💥
187. Arjun Rajkot |Jun 27, 2021 19:08
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
Dodla::

As said will 10-13% Listing Gain Candidate.
May witness 10-15% Gain After Lisitng.
Simple.

Nothing Fancy..
186. 🔥 IPO CALLING 🔥 |Jun 28, 2021 00:25
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Rang 515 to 565
186.1. jstm |Jun 29, 2021 16:08
IPO Guru IPO Guru (1100+ Posts, 2600+ Likes)
@ JAI

2nd is Clean Science & Technology
185. CPH |Jun 27, 2021 12:21
Anyone has credited shares in Motilal oswal demat. Please check and confirm.
184. Rahul Shankhla |Jun 27, 2021 20:22
Would u like to buy?
183. 🔥 IPO CALLING 🔥 |Jun 27, 2021 20:09
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Yes I post mail also but some how chitoadgath team not flash messages
183.1. Vinodsrs |Jun 29, 2021 14:59
well said
182. My IPO application |Jun 27, 2021 18:31
GMP 100-110
181. Eagleye |Jun 17, 2021 16:51
IPO Guru IPO Guru (6000+ Posts, 20200+ Likes)


Dodla: 90 +/- 1
181.2. MAPatel |Jun 18, 2021 11:20
Top Contributor Top Contributor (200+ Posts)
Will you please guess for HNI subscription ?
181.3. Rahul Shankhla |Jun 27, 2021 17:40
Mam current premium?
180. sree vas |Jun 27, 2021 17:32
Top Contributor Top Contributor (200+ Posts)
paced order at 536,602 &658
179. Chalak lomdi |Jun 26, 2021 20:27
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Dodla premium 73
178. Rahulkumarkp |Jun 24, 2021 13:16
*********IPOs never disappoint me**********
Avenue Supermarts -      1/1
RITES Limited IPO      1/1
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Laxmi Organic Industries Limited IPO      2/1
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Shyam Metalics and Energy Limited IPO      2/0
Dodla Dairy Limited IPO      2/2
178.2. DARK HORSE |Jun 25, 2021 17:00
Yes Indian Bank also provides this service through internet banking.
178.3. Gandla durgaprasad |Jun 25, 2021 17:31
1) Yes, Maximum 5 applications from one account (Internet banking)
2) Yes, No need to type details every time when you are apply

SBI, Axis bank, these two banks will match your requirements
177. Hari S |Jun 24, 2021 20:16
0/6 in Nazara, 0/8 in Shyam and the trend continues with Dodla too. 0/8! All the best to everyone who got allotment
176. Maheshji |Jun 26, 2021 15:46
First time I got allotment in any IPO
What would be better ? Long term or listing gain?
Expert please help.