Dodla Dairy IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 16 Jun 2021 - 18 Jun 2021
Issue Size ₹520.18 Cr
Issue Price ₹421-428
Market Lot 35 Shares
Shares on Offer 10,985,444
Registrar KFintech
GMP ₹85-89
Kostak ₹250
Subject to Sauda ₹2000-2200
Listing Date 28 Jun 2021
Listing Price ₹550
Listing Gain% 28.50

About Dodla Dairy Limited

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, their procurement is centered in 5 states and their products are available for purchase in 11 states. They have 94 milk chilling centers. Some of their plants are ISO 22000:2005 Certified while two are ISO 50001:2011 (EnMS) Certified.

Their distribution and marketing operations consist of distribution of their products through 40 sales offices, 3336 distribution agents, 863 milk distributors and 449 milk product distributors across nine states in India. Additionally, As of December 31st2020, their 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. Their product portfolio consists of Milk, Butter Milk, Ghee, Curd, Paneer, Flavoured Milk, Doodh Peda, Ice Cream and Milk Based Sweats. These products are conveniently packed to suit various needs of its consumers.

Company Financials

Particulars 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets (In ₹ Millions) 8,003.08 7,519.21 6,089.64
Total Revenue (In ₹ Millions) 21,456.49 16,994.59 15,970.13
Profit After Tax (PAT) (In ₹ Millions) 498.71 627.62 568.54

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda

Strengths & Weaknesses

Strength
Weakness

Dodla Dairy Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 16 Jun 2021 0.02 0.14 2.73 1.40
Day 2 - 17 Jun 2021 0.28 0.60 6.18 3.30
Day 3 - 18 Jun 2021 84.88 73.26 11.34 45.62

Allotment Status

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IPO Allotment Status

Dodla Dairy Limited IPO FAQs

  1. When will Dodla Dairy Limited IPO open?

    Dodla Dairy Limited IPO will open on 16 Jun 2021 and close on 18 Jun 2021.

  2. What is the listing date of Dodla Dairy Limited IPO?

    Dodla Dairy Limited IPO will list on 28 Jun 2021.

  3. What is the offer price of Dodla Dairy Limited IPO?

    The offer price of Dodla Dairy Limited IPO is ₹421-428.

  4. What is the lot size of Dodla Dairy Limited IPO?

    The lot size of Dodla Dairy Limited IPO is 35.

  5. What is the Grey Market Premium (GMP) price of Dodla Dairy Limited IPO?

    The Grey Market Premium (GMP) price of Dodla Dairy Limited IPO is ₹85-89.

  6. What is the Kostak price of Dodla Dairy Limited IPO?

    The Kostak price of Dodla Dairy Limited IPO is ₹250.

  7. What is the Subject to Sauda price for Dodla Dairy Limited IPO?

    The Subject to Sauda price for Dodla Dairy Limited IPO is ₹2000-2200.

Dodla Dairy Limited IPO Review/Comments

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