Dodla Dairy Limited IPO (Dodla Dairy IPO)

Dodla Dairy IPO
Dodla Dairy IPO 2021 | Upcoming Dodla Dairy IPO | New Dodla Dairy IPO | Latest Dodla Dairy IPO

Established in 1995, Dodla, Fresh Fruit, Limited is an integrated dairy company in the South of India, is involved in a piece of equipment, for receiving, processing, distribution and marketing of milk and other dairy products.

It processes and sells milk, including standard, played a double-toned milk, as well as the production of milk and dairy products like cottage cheese, butter, ghee, ice-cream, silk, milk, cheese, etc

Its India operations are based on the brand names “in the Dodla”, “Dodla, Fresh Fruit,” and the ” CS+”, while in the foreign country, the service brand “in Dodla, Fresh Fruit,” “Fresh Fruit On Top,” and ” Dodla+”.

Telangana, Andhra Pradesh, Karnataka, Tamil Nadu and Maharashtra are the most important segment of the Indian market is being served by the company, but in the foreign market, is what primarily serves the countries of Uganda, Kenya and south korea.

The company has a total of 13 facilities for the processing, processing of raw materials, the packaging of the milk and the production of value-added dairy products.

The company has a strong distribution network of 40 sales offices worldwide, 3336, distributors, 863, milk distributors, 449, product distributors, and the 11th in the united states, and India.

Dodla Dairy IPO

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

ParticularsFor the year/period ended (₹ in millions)
30-Sep-2031-Mar-2031-Mar-1931-Mar-18
Total Assets8,183.238,003.087,519.216,089.64
Total Revenue9,182.2221,456.4916,994.5915,970.13
Profit After Tax747.78498.71627.62568.54

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 Object of the issue

Dodla Dairy IPO Details

IPO Opening Date16 June 2021
IPO Closing Date18 June 2021
Issue TypeBook Built Issue IPO
Issue Size520 Cr
Face Value₹10 per equity share
IPO Price[421] to [428] Per Equity Share
Market Lot35 Shares
Min Order Quantity35 Shares
Listing AtBSE, NSE
Total Share Issue1,21,53,668 Equity Shares

Dodla Dairy IPO – Schedule

IPO Open Date16 June 2021
IPO Close Date18 June 2021
Finalization of Basis of Allotment23 June 2021
Initiation of Refunds24 June 2021
Credit of Shares to Demat Account25 June 2021
IPO Listing Date28 June 2021

Dodla Dairy IPO Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum13514,980
Maximum134551,94,740

Dodla Dairy IPO: How To Apply

Promoters play a very important role in raising much-needed business revenue.

Dodla Dairy IPO How To Apply ?

Apply For Dodla Dairy IPO Through ASBA

First, you should know what ASBA is. ASBA stands for Restricted Application Support. It is an application by the bank to apply for an IPO.

You apply with ASBA through the bank because initially, the bank covers the cost of purchasing the IPO. This amount is deducted from your account only after receiving IPO share shares in your Demat account.

All the major banks in the country are expanding the ASBA center. There are about 30 banks on the list, some of which are IDBI Bank Limited, Citi Bank, Punjab National Bank, etc.

The center may be expanded once they have been authorized to do so. These banks block the corresponding amount until the IPO allocation process is finalized.

Now, most of you are probably thinking about how to use the Dodla Dairy IPO with ASBA. The process can be completed online or offline for your convenience.

Apart from this, you can also bid for an Dodla Dairy IPO through your stockbroker’s online portal (such as Zerodha, Edelweiss, Motilal Oswal, etc.)

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
Websitehttp://www.dodladairy.com/

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