Dodla Dairy IPO will be open from 16 June 2021 to 18 June 2021. Dodla Dairy IPO GMP Kostak rate and Subject to Sauda updated as of Today. Dodla Dairy IPO Grey Market Premium has been Started with Low Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.
Dodla Dairy, an integrated dairy company based in south India primarily deriving all of our revenue for Fiscal 2020 and for the six months period ended September 30, 2020, from the sale of milk and dairy-based VAPs in the branded consumer market. Amongst private dairy players with a significant presence in the southern region of India, we are the third highest in terms of milk procurement per day (Source: CRISIL Report) with an average procurement of 1.02 million liters of raw milk per day (“MLPD”) as of December 31, 2020, and second highest in terms of market presence across all of India amongst private dairy players with a significant presence in the southern region of India.
Dodla Dairy IPO Issue size of ₹800 Crores, in which Fresh Issue of ₹50 Crores and Offer For Sale of ₹750 Crores and issue price band has been fixed at ₹421 -₹428 Per Share. The Dodla Dairy IPO to be listed Soon on NSE and BSE.
What is Dodla Dairy IPO GMP Today?
■ The Dodla Dairy IPO GMP Today Or Grey Market Premium is ₹90-₹95.
What is Dodla Dairy IPO Kostak Rates Today?
■ The Dodla Dairy IPO Kostak rate is ₹250.
What is Dodla Dairy IPO Subject to Sauda Price Today?
■ The Dodla Dairy IPO Subject to Sauda rates is ₹2000.
Dodla Dairy IPO Approximately Returns?
■ The Dodla Dairy IPO’s approximate return is 20%-22%. And it can also change according to the Market Sentiment.
Dodla Dairy IPO GMP, Kostak,& Subject to Sauda :
| Date | GMP | Kostak | Subject |
| 28 June 2021 | List – ₹550 | ₹ | ₹ |
| 27 June 2021 | ₹90-₹95 | ₹0 | ₹0 |
| 26 June 2021 | ₹85-₹95 | ₹0 | ₹0 |
| 25 June 2021 | ₹80-₹90 | ₹0 | ₹0 |
| 24 June 2021 | ₹80-₹90 | ₹250 | ₹2000 |
| 23 June 2021 | ₹75-₹80 | ₹250 | ₹2000 |
| 22 June 2021 | ₹85-₹90 | ₹250 | ₹2000 |
| 21 June 2021 | ₹80-₹85 | ₹250 | ₹2000 |
| 20 June 2021 | ₹80-₹85 | ₹250 | ₹2000 |
| 19 June 2021 | ₹90-₹95 | ₹250 | ₹2000 |
| 18 June 2021 | ₹80-₹90 | ₹250 | ₹2000 |
| 17 June 2021 | ₹80-₹90 | ₹250 | ₹2000 |
| 16 June 2021 | ₹150-₹160 | ₹400 | ₹4000 |
| 15 June 2021 | ₹150-₹160 | ₹400 | ₹4000 |
| 14 June 2021 | ₹200-₹205 | ₹400 | ₹4000 |
| 13 June 2021 | ₹170-₹180 | ₹400 | ₹0 |
| 12 June 2021 | ₹95-₹110 | ₹400 | ₹0 |
| 11 June 2021 | ₹50-₹70 | ₹450 | ₹0 |
| 10 June 2021 | ₹0 | ₹0 | ₹0 |
Dodla Dairy IPO Shares Offer :
A total of 12,153,668 shares are to be bid for the public issue by Dodla Dairy IPO with 11,68,224 Shares for the Fresh issue and 1,00,85,444 Shares for an offer for sale.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 11,68,224 | ₹50 Cr |
| Offer For Sale : | 1,00,85,444 | ₹470.18 Cr |
| Total : | 12,153,668 | ₹520.18 |
Dodla Dairy IPO Reservation :
Dodla Dairy IPO Total Reservation of 12,153,668 shares are to be bid for the public issue by Dodla Dairy IPO with 6076834 Shares for QIB and 1823050 Shares for NII 4253783 For RII & – Shares EMP.
| Category | Reservation | Shares Offers | Amount |
|---|---|---|---|
| QIB : | 50% | 6076834 | ₹260.09 Cr |
| NII : | 15% | 1823050 | ₹78.03 Cr |
| RII : | 35% | 4253783 | ₹182.06 Cr |
| EMP : | – | – | – |
| Total : | 100% | 12,153,668 | ₹520.18 |
Dodla Dairy IPO Date & Price Band & Details :
| IPO Open : | 16 June 2021 |
| IPO Close : | 18 June 2021 |
| IPO Size : | ₹520.18 Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹421 – ₹428 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹520.18 Cr |
| Fresh Issue : | ₹50 Cr |
| Offer For Sale : | ₹470.18 Cr |
Dodla Dairy IPO Market Lot :
Dodla Dairy IPO Minimum Market lot is 1 Lot with 35 shares with ₹14,980 Application amount. The retail investors can apply up to 13 lots with 455 Shares or ₹1,94,740 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Shares : | 35 |
| Minimum Amount : | ₹14980 |
| Maximum Lot Size : | 13 Lot |
| Maximum Shares : | 455 Share |
| Maximum Amount : | ₹194,740 |
Dodla Dairy IPO Dates :
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.
| Open Date : | 16 June 2021 |
| Close Date : | 18 June 2021 |
| Allotment Date : | 23 June 2021 |
| Refund Date : | 24 June 2021 |
| Share Credit Date : | 25 June 2021 |
| Listing Date : | 28 June 2021 |
Dodla Dairy Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 2020 | ₹10,437.65 | ₹8,888.00 | ₹3,603.43 |
| 2019 | ₹7,025.01 | ₹5,479.55 | ₹1,731.80 |
| 2018 | ₹6,259.23 | ₹4,948.09 | ₹775.72 |
About Dodla Dairy Company :
We are an integrated dairy company based in south India primarily deriving all of our revenue for Fiscal 2020 and for the six months period ended September 30, 2020, from the sale of milk and dairy-based VAPs in the branded consumer market. Amongst private dairy players with a significant presence in the southern region of India, we are the third highest in terms of milk procurement per day (Source: CRISIL Report) with an average procurement of 1.02 million liters of raw milk per day (“MLPD”) as of December 31, 2020, and second highest in terms of market presence across all of India amongst private dairy players with a significant presence in the southern region of India.
| Read also: All Upcoming IPO Grey Market Premium 2021 |
Our operations in India are primarily across the five Indian states of Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, and Maharashtra. Our overseas operations are based in Uganda and Kenya. Our Indian operations are undertaken under our brands “Dodla Dairy”, “Dodla” and “KC+”. Our overseas operations are undertaken under our brands “Dodla Dairy”, “Dairy Top” and “Dodla+”. We process and sell retail milk (full cream, standardized, toned, and double toned) and produce dairy based value-added products (“VAPs”) such as curd, Ultra-High Temperature processed (“UHT”) milk, ghee, butter, flavored milk, and ice cream amongst others.
We also manufacture and sell cattle feed to farmers through our procurement network. Our revenue from the sale of milk and dairy-based VAPs constituted 72.81% and 27.18% respectively, of our revenue in Fiscal 2020 and 74.45% and 25.55% respectively, for the six months period ended September 30, 2020.
Our integrated business model in India consists of procurement, processing, distribution, and marketing operations. Our procurement operations are spread across the states of Andhra Pradesh, Telangana, Tamil Nadu, Karnataka, and Maharashtra. These consist of an average procurement of 1.02 MLPD as of December 31, 2020, from approximately 114,920 farmers through 6,624 Village Level Collection Centres (“VLCCs”), 254 dairy farms (farmers rearing multiple cattle for supplying raw milk in bulk quantities), and third party suppliers as of December 31, 2020. The raw milk collected is then transported to our chilling centers and thereafter to our processing plants.
Dodla Dairy IPO GMP FAQs :
How much is Dodla Dairy IPO GMP Today?
Dodla Dairy IPO GMP Today is ₹90-₹95.
How much is Dodla Dairy IPO Grey Market Premium?
Dodla Dairy IPO is Grey Market Premium ₹90-₹95.
What is Dodla Dairy IPO Kostak Rate?
Dodla Dairy IPO Kostak Rate is ₹0.
What is Dodla Dairy IPO Subject to Sauda?
Dodla Dairy IPO Subject to Deals is ₹0.
What are Dodla Dairy IPO Approx Returns?
Dodla Dairy IPO approx Returns is 20%-22%. And it can also change according to the Market Sentiment.
| Dodla Dairy IPO Details: Click Here Dodla Dairy IPO Subscription: Click Here Dodla Dairy IPO Allotment: Click Here Dodla Dairy IPO Listing: Click Here |
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