Dodla Dairy IPO

Mainboard

Consumer Food

Listed On: Jun 28, 2021 at ₹ 550(NSE)

₹ 14980 /35 Shares

Check Allotment

Price Summary

Last Closing

1,220.00 (185.05%)

52 Week High

1,346.10

52 Week Low

774.30

Last Update

25-Nov-2024 3:30 PM

IPO Details

16 Jun, 2021

Open Date

18 Jun, 2021

Close Date

23 Jun, 2021

Allotment Date

28 Jun, 2021

Listing Date

Issue Price

₹421-428 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

KFintech Private Limited

List Price

550(NSE)

Listing Date

2021-06-28

Market Lot

35 Shares (₹14,980/-)

Lead Manager

Axis Capital Limited, ICICI Securities Limited

Issue 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 ₹10 at price of ₹421 to ₹428 with aggregating up to ₹470.18 Cr

Retail Portion

35%

Subscription

45.62 times

IPO Docs

DRHP RHP

IPO Subscription 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

Total No. of Applications: 1176080 (Approx)

Retail Subscription on the basis of Applications: 9.68 times

Valuations

Earnings Per Share (EPS)

₹9.22/-

P/E Ratio

46.43

RoNW

11.50%

Net Asset Value (NAV) - As on 31.12.20

₹98.74

Company Financials All values are in ₹ Cr.

	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 The 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)

Pre Issue Share Holding: 68.51%

Post Issue Share Holding: 64.17%

Company Promoter(s)

Dodla Sunil Reddy
Dodla Sesha Reddy
Dodla Family Trust

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. 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 IPO price band is set between ₹421-428 per equity share.

Ans. To apply for Dodla Dairy IPO 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 allotment status for Dodla Dairy IPO here.