Saturday, June 05, 2021

Dodla Dairy IPO Date, Review, Price, Form & Market Lot Details


Dodla Dairy IPO to hit the market on 16 June 2021 and closes on 18 June 2021. Dodla Dairy to raise around ₹5200crore via initial public offer.

Dodla Dairy IPO launch date is 16 June 2021. Dodla Dairy coming with fresh issue of ₹50 crore and offer for sale of up to 10,085,444 equity shares ₹470 Crores. In 2018 the company filed DRHP for ₹500 crore and in February 2021 they revised the same with ₹800 crores. The company hired Axis Capital Limited and ICICI Securities investment bankers for the process. Dodla Dairy is based in Hyderabad and incorporated in 1995. They are engaged in procurement, processing, distribution, and marketing of milk and other dairy products. They process and sell the milk. They also produce milk products like curd, butter, ghee, ice cream, flavoured milk, etc. Their Indian brands are "Dodla", "Dodla Dairy", and "KC+" while they operates in overseas with "Dodla Dairy", "Dairy Top", and "Dodla+" brands. They have 13 processing plants, 40 sales offices, 3300+ distribution agents, 850+ milk distributors and around 450 product distributors in 11 Indian states. Check out for Dodla Dairy IPO details.

Important Details:
Earnings Per Share (EPS): ₹8.96 Price/Earnings
(PE ratio): Adding Soon
Return on Net Worth (RONW): 11.5%
Net Asset Value (NAV): ₹77.87 per share

Dodla Dairy



    Dodla Dairy IPO Review

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    Dodla Dairy IPO Date & Price Band

     IPO Open:  16 June 2021
     IPO Close:  18 June 2021
     IPO Size:  Approx ₹520 Crores
     Fresh Issue:  Approx ₹50 Crores
     Offer for Sale:  Approx 10,085,444 equity shares - ₹470 Crores
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹421 to ₹428 Per Share
     Listing on:  BSE & NSE
     Retail Portion:  35%
     Equity:  10,085,444 Shares

    Dodla Dairy IPO Market Lot

    The Dodla Dairy IPO minimum market lot is 35 shares with ₹14980 application amount. The retail investors can apply up-to 13 lots with 455 shares or ₹194740 amount.
     
     Minimum Lot Size:  Minimum 35 Shares
     Minimum Amount:  ₹14,980
     Maximum Lot Size:  Maximum 455 Shares
     Maximum Amount:  ₹1,94,740

    Dodla Dairy IPO Allotment & Listing

    The Dodla Dairy IPO date is 16 June and the close date is 18 June 2021. The allotment will be finalized on 23 June 2021 and the IPO may list on 28 June 2021.
     
     Basis of Allotment:  23 June 2021
     Refunds:  24 June 2021
     Credit to Demat Account:  25 June 2021
     Listing Date:  28 June 2021

    Dodla Dairy IPO Form

    How to apply the Dodla Dairy IPO? You can apply Dodla Dairy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Dodla Dairy IPO in the Invest section. The other option you can apply Dodla Dairy IPO via IPO forms download via NSE and BSE. Check out the Dodla Dairy forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.


    Dodla Dairy Company Financial Report

    As per the revenues the company looks good as the revenues increased YOY from 2018 to 2020. The revenues increased 6% in 2019 compared to 2018 while revenues jumped 26% in 2020 compared to 2019. The PAT was stood at 10% increased in 2019 compared to 2018. It was down in 2020 but in 2021 it shows significant jump with around 50% in just 6 months.

      ₹ in Crores

    Revenue Expense PAT
    2018 ₹1597 ₹1517 ₹56.85
    2019 ₹1699 ₹1606 ₹62.76
    2020 ₹2146 ₹2064 ₹49.87
    2021 6M
    ₹918 ₹813 ₹74.77

    Company Promoters

    • Dodla Sunil Reddy
    • Dodla Sesha Reddy
    • Dodla Family Trust

    About Dodla Dairy

    Dodla Dairy Limited is a public limited company having its registered and corporate office at Hyderabad City of Telangana State in India. The company was incorporated in the year 1995 and production commenced in 1997. Currently, Our procurement is centered in 5 states and our products are available for purchase in 11 states. We have 90 milk chilling centers. Some of our plants are ISO 22000:2005 Certified while two are ISO 50001:2011 (EnMS) Certified.
     
    Our distribution and marketing operations consist of distribution of our products through 40 sales offices, 3,336 distribution agents, 863 milk distributors and 449 milk product distributors across nine states in India. Additionally, as of December 31st, 2020, our products are also available through 371 “Dodla Retail Parlors” which commenced operations in 2016 and are spread across the states of Andhra Pradesh, Telangana, Tamil Nadu and Karnataka. Our product portfolio consists of Milk, Butter Milk, Ghee, Paneer, Curd, Flavoured Milk, Doodh Peda, Ice Cream and Milk Based Sweats. These products are conveniently packed to suit various needs of its consumers.

    Quick Links

    DRHP Draft Prospectus
    RHP Draft Prospectus

    INITIAL PUBLIC OFFERING OF UP TO [●] EQUITY SHARES OF FACE VALUE OF RS.10 EACH (“EQUITY SHARES”) OF DODLA DAIRY LIMITED (“COMPANY”) FOR CASH AT A PRICE OF Rs. [●] PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS [●] PER EQUITY SHARE) (THE “OFFER PRICE”) AGGREGATING UP TO RS [●] MILLION (“OFFER”). THE OFFER COMPRISES A FRESH ISSUE OF [●] EQUITY SHARES AGGREGATING UP TO RS 500 MILLION AND AN OFFER FOR SALE OF UP TO 10,085,444 EQUITY SHARES CONSISTING OF UP TO 8,300,000 EQUITY SHARES BY TPG DODLA DAIRY HOLDINGS PTE. LTD. ( “INVESTOR SELLING SHAREHOLDER ”) AND UP TO 416,604 EQUITY SHARES BY DODLA SUNIL REDDY AND UP TO 1,041,509 EQUITY SHARES BY DODLA FAMILY TRUST ( “ PROMOTER SELLING SHAREHOLDER S ”), AND UP TO 327,331 EQUITY SHARES BY DODLA DEEPA REDDY (“ PROMOTER GROUP SELLING SHAREHOLDER” AND TOGETHER WITH THE INVESTOR SELLING S HAREHOLDER AND THE PROMOTER SELLING SHAREHOLDERS , THE “SELLING SHAREHOLDERS” ), AGGREGATING UP TO ` [●] MILLION (“OFFER FOR SALE”). THE OFFER WILL CONSTITUTE [●]% OF THE FULLY DILUTED POST OFFER PAID - UP EQUITY SHARE CAPITAL OF OUR COMPANY

    Dodla Dairy IPO Registrar

    KFin Technologies Private Limited
    Selenium , Tower B , Plot No - 31 and  32,
    Financial District , Nanakramguda ,
    Serilingampally Hyderabad ,
    Rangareedi 500 032 Telangana, India
    Tel : +91 40 6716 2222 /  180034  54001
    E - mail :  dodladairy.ipo@kfintech.com
    Investor grievance E - mail :  einward.ris@kfintech.com
    Website :  www.kfintech.com
    Contact Person: M Murali Krishna
    SEBI Registration No .:  INR00000022
    Note:
     Check Dodla Dairy IPO allotment status on - website allotment URL. Click Here


    Dodla Dairy IPO Lead Managers

    • Axis Capital Limited
    • ICICI Securities Limited

    Company Address

    Dodla Dairy Limited
    8-2-293/82/A/270-Q, Road No. 10-C,
    Jubilee Hills,
    Hyderabad, 500 033
    Tel: +91 40 4546 7777
    Fax: +91 40 4546 7788
    Contact Person: Ruchita Malpani
    Company Secretary and Compliance Officer
    E-mail: mail@dodladairy.com
    Website: www.dodladairy.com

    Dodla Dairy IPO FAQs


    What is Dodla Dairy IPO?

    Dodla Dairy IPO is a main-board IPO. They are going to raise ₹520 Crores via IPO. The issue is priced at ₹421 to ₹428 per equity share. The IPO to be listed on BSE & NSE.

    When Dodla Dairy IPO will open?

    The IPO is to open on 16 June 2021 for QIB, NII, and Retail Investors.

    What is Dodla Dairy IPO Investors Portion?

    The investors' portion for QIB 50%, NII 15%, and Retail 35%.

    How to Apply the Dodla Dairy IPO?

    You can apply Dodla Dairy IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Dodla Dairy IPO through Zerodha?

    Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "Dodla Dairy". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

    What is Dodla Dairy IPO Size?

    Dodla Dairy IPO size is ₹520 crores.

    What is Dodla Dairy IPO Price Band?

    Dodla Dairy IPO Price Band is ₹421 to ₹428.

    What is Dodla Dairy IPO Minimum and Maximum Lot Size?

    The minimum bid is 35 Shares with ₹14,980 amount while maximum bid is 455 shares with ₹1,94,740.

    What is Dodla Dairy IPO Allotment Date?

    Dodla Dairy IPO allotment date is 23 June 2021.

    What is Dodla Dairy IPO Listing Date?

    Dodla Dairy IPO listing date is 28 June 2021. The IPO to list on BSE and NSE.

    Note: The Dodla Dairy IPO price band and date will be added as it will be officially announced. The IPO grey market premium (Dodla Dairy IPO Premium) will be added on the IPO grey market page as it will start)