Dodla Dairy is an incorporated dairy organization situated in south India. The organization professes to be the third most elevated as far as milk acquisition among private dairy players in the southern area. The organization’s normal acquisition is of 1.02 million liters of crude milk each day starting on 31 December 2020.
Its tasks in India are fundamentally spread across Andhra Pradesh, Telangana, Karnataka, Tamil Nadu and Maharashtra while abroad activities are situated in Uganda and Kenya. It sells milk and worth-added items (VAP) like curd, Ultra-High Temperature prepared (UHT) milk, ghee, spread, enhanced milk and frozen yogurt under Dodla Dairy, Dodla and KC+ brands. Income from offer of milk and dairy based VAPs established 72.8% and 27.2% separately, of its absolute incomes in FY2020.
The organization’s handling activities consist of preparing the gathered crude milk into bundled milk and assembling other dairy based VAPs by 13 handling plants with a total introduced limit of 1.70 MLPD. Milk is secured from roughly 114,920 ranchers through 6,624 Village Level Collection Centers (VLCCs), 254 dairy ranches (ranchers raising numerous steers for providing crude milk in mass amounts) and outsider providers starting at 31 December 2020.
Subscription Dates | 16 – 18 June 2021 |
Price Band | INR421 – 428 per share |
Fresh issue | INR50 crore |
Offer For Sale | 10,985,444 shares (INR462.49 – 470.18 crore) |
Total IPO size | INR512.49 – 520.18 crore |
Minimum bid (lot size) | 35 shares |
Face Value | INR10 per share |
Retail Allocation | 35% |
Listing On | NSE, BSE |
FY2018 | FY2019 | FY2020 | 9M FY2021 | |
Revenue | 1,597.0 | 1,699.4 | 2,145.6 | 1,417.0 |
Expenses | 1,516.6 | 1,606.2 | 2,063.8 | 1,254.9 |
Comprehensive income | 58.1 | 65.0 | 54.8 | 115.9 |
Margin (%) | 3.6 | 3.8 | 2.6 | 8.2 |
Earnings Per Share (EPS): INR8.96
Price/Earnings (PE ratio): 46.99 – 47.77
Return on Net Worth (RONW): 11.5%
Net Asset Value (NAV): INR77.87 per share
Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
25 June 2021 | 80 | – | – |
24 June 2021 | 70 | – | – |
23 June 2021 | 75 | – | – |
22 June 2021 | 85 | 250 | 2,000 |
21 June 2021 | 80 | 250 | 2,000 |
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
Dodla Dairy Limited | Jun 28, 2021 | 428 | 609.1 | 42.31 |
NSE : DODLA
BSE : 543306
ISIN CODE : INE021O01019
Angel Broking – Subscribe
BP Wealth – Subscribe
Choice Broking – Subscribe
Samco Securities – Subscribe for listing gains
Ventura Securities – Subscribe
IPO Opening Date: 16 June 2021
IPO Closing Date: 18 June 2021
Finalisation of Basis of Allotment: 23 June 2021
Initiation of refunds: 24 June 2021
Transfer of shares to demat accounts: 25 June 2021
Listing Date: 28 June 2021
Opening Price on NSE: INR550 per share (up 28.5% from IPO price)
Closing Price on NSE: INR609 per share (up 42.29% from IPO price)
Dodla Dairy Limited
8-2-293/82/A/270-Q
Road No. 10-C, Jubilee Hills
Hyderabad – 500 033, Telangana
Phone: +91 40 4546 7777
Email: mail@dodladairy.com
Website: www.dodladairy.com
KFin Technologies Private Limited
Selenium Tower B, Plot 31-32, Gachibowli,
Nanakramguda, Hyderabad – 500 032,
Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
Day 1 | Day 2 | Day 3 | ||
QIB | 24,30,734 | 0.02 | 0.28 | 84.88 |
NII | 18,23,051 | 0.15 | 0.60 | 73.26 |
Retail | 42,53,784 | 2.73 | 6.17 | 11.34 |
Total | 85,07,569 | 1.41 | 3.30 | 45.62 |
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 initial public offering (IPO) begins on Jun 16, 2021,and ends on Jun 18, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
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.
DODLA DAIRY IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
The 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.
© 2021 All rights reserved
Ask Your Query