Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Dodla Dairy IPO is a book built issue of Rs 520.18 crores. The issue is a combination of fresh issue of Rs 50.00 crores and offer for sale of Rs 470.18 crores.
Dodla Dairy IPO bidding started from June 16, 2021 and ended on June 18, 2021. The allotment for Dodla Dairy IPO was finalized on Wednesday, June 23, 2021. The shares got listed on BSE, NSE on June 28, 2021.
Dodla Dairy IPO price band is set at ₹421 to ₹428 per share. The minimum lot size for an application is 35 Shares. The minimum amount of investment required by retail investors is ₹14,980.
Axis Capital Limited and ICICI Securities Limited are the book running lead managers of the Dodla Dairy IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to Dodla Dairy IPO RHP for detailed information.
| IPO Date | June 16, 2021 to June 18, 2021 |
| Listing Date | June 28, 2021 |
| Face Value | ₹10 per share |
| Price Band | ₹421 to ₹428 per share |
| Lot Size | 35 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹520.18 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹50.00 Cr) |
| Offer for Sale | [.] shares of ₹10 (aggregating up to ₹470.18 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 58,324,511 |
| Share holding post issue | 59,492,735 |
Dodla Dairy IPO offers 8,507,569 shares. 2,430,734 (28.57%) to QIB, 1,823,051 (21.43%) to NII, 4,253,784 (50.00%) to RII. 121,536 RIIs will receive minimum 35 shares and (sNII) and (bNII) will receive minimum 490 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 2,430,734 (28.57%) | NA |
| NII (HNI) Shares Offered | 1,823,051 (21.43%) | |
| Retail Shares Offered | 4,253,784 (50.00%) | 121,536 |
| Total Shares Offered | 8,507,569 (100%) |
Dodla Dairy IPO opens on June 16, 2021, and closes on June 18, 2021.
| IPO Open Date | Wednesday, June 16, 2021 |
| IPO Close Date | Friday, June 18, 2021 |
| Basis of Allotment | Wednesday, June 23, 2021 |
| Initiation of Refunds | Thursday, June 24, 2021 |
| Credit of Shares to Demat | Friday, June 25, 2021 |
| Listing Date | Monday, June 28, 2021 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 18, 2021 |
Investors can bid for a minimum of 35 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹14,980 |
| Retail (Max) | 13 | 455 | ₹194,740 |
| Lot Size Calculator | |||
Dodla Sunil Reddy, Dodla Sesha Reddy, and Dodla Family trust are the company promoters.
| Share Holding Pre Issue | 68.52% |
| Share Holding Post Issue | 64.17% |
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
| 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 | |
The net IPO proceeds will be used for the following purposes;
[Dilip Davda] The market has witnessed mixed trends for the dairy industry listed scrip. Super earnings in the pandemic period of FY21 surprises one and all. Based on the FY20 earnings issue is priced at around 51 P/E making it a fully priced offer. The company’s plans to add milk products going forward makes it a long term bet. Investors may consider an investment with a long term perspective. Read detail review...
The Dodla Dairy IPO is subscribed 45.62 times on June 18, 2021 5:00:00 PM. The public issue subscribed 11.34 times in the retail category, 84.88 times in the QIB category, and 73.26 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 84.88 |
| NII | 73.26 |
| Retail | 11.34 |
| Total | 45.62 |
| Listing Date | June 28, 2021 |
| BSE Script Code | 543306 |
| NSE Symbol | DODLA |
| ISIN | INE021O01019 |
| Final Issue Price | ₹428 per share |
| Price Details |
|---|
| Final Issue 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 |
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/
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: dodladairy.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
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 share. The minimum order quantity is 35 Shares.
The IPO opens on June 16, 2021, and closes on June 18, 2021.
Kfin Technologies 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
Visit Zerodha IPO Application Process Review for more detail.
The Dodla Dairy IPO opens on June 16, 2021 and closes on June 18, 2021.
Dodla Dairy IPO lot size is 35 Shares, and the minimum amount required is ₹14,980.
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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Dodla Dairy IPO will be done on Wednesday, June 23, 2021, and the allotted shares will be credited to your demat account by Friday, June 25, 2021. Check the Dodla Dairy IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
IPO Mentor (900+ Posts, 700+ Likes)
IPO Guru (1400+ Posts, 1200+ Likes)
Top Contributor (600+ Posts, 200+ Likes)
IPO mai apply kiya tha but allotment nahi hua aur refund bhi nahi mila
Abhi abhi amount hold par hai
Kya karu ab ?