Dodla Dairy Limited is launching an IPO on June 16, 2021 which will close on June 18, 2021. The IPO size is Rs 520.18 Crore.
Dodla Dairy Limited was incorporated in the year 1995 and it started production in 1997, the company is having its registered and corporate office in Hyderabad, India. The company has 94 milk chilling centers.
The procurement of the company is centered in 5 states and its products are available for purchase in 11 states. Dodla Dairy processes and sells milk products such as Fresh Milk, Butter, Ghee, Paneer, Curd, Flavoured Milk, Doodh Peda, Ice Cream, and Skimmed Milk Powder.
Dodla Dairy Limited sells its Indian products under the “Dodla Dairy” brand, the company distributes its products through 40 sales offices, 3336 distribution agents, 863 milk distributors and 449 milk product distributors across nine states in India. It serves the overseas market under the brand name of “Dodla Dairy”, “Dairy Top”, and “Dodla+”.
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Dodla Dairy Limited is primarily engaged in the procurement, processing, distribution, and marketing of milk and other dairy products.

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Table of Contents
Management of the Company
Dodla Sunil Reddy, Dodla Sesha Reddy, and Dodla Family trust are the company promoters.
Profitability of the Company
The latest financials are:
Particulars | 30-Sep-20 | 31-Mar-20 | 31-Mar-19 |
Total Assets | 8,183 | 8,003 | 7,519 |
Total Revenue | 9,182 | 21,456 | 16,995 |
Profit After Tax | 748 | 499 | 628 |
Dodla Dairy Limited IPO Details
The IPO size is Rs 520.18 Crore. The price band for the issue has been kept at Rs 421-428 per share. The IPO will open on June 16, 2021 and will close on June 18, 2021.
The lot size is 35 shares and the face value is Rs 10 per equity share, the shares will be listed on BSE and NSE. The Fresh issue is Rs 50 Crore and the rest Rs 470.18 Crore is for the offer for sale. The minimum lot is 1 and the cut-off amount is Rs 14,980. The Maximum lot which can be applied is 13 for 455 shares and the cut-off amount is Rs 194,740.
The allotment could be finalized on June 23, 2021 and the refund will be initiated on June 24, 2021. The IPO listing date is June 28, 2021.
The Post Issue Share Holding of the promoters will be 64.17%.
FAQs related to the Dodla Dairy Limited IPO
You can apply for the IPO through ASBA (Application Supported by Blocked Amount), almost all the banks are providing this facility.
The IPO will open on June 16, 2021 and will close on June 18, 2021.
The face value of Dodla Dairy Limited shares would be Rs 10, the price band for the issue has been kept at Rs 421-428 per share.
The lot size is 35 shares and the face value is Rs 10 per equity share. The minimum lot is 1 and the cut-off amount is Rs 14,980.
The Dodla Limited IPO will be listed on the BSE (Bombay Stock Exchange) and the NSE (National Stock Exchange).
The IPO size is Rs 520.18 Crore.
The allotment could be finalized on June 23, 2021 and the refund will be initiated on June 24, 2021.
The IPO listing date is June 28, 2021.
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