Business Standard

Dodla Dairy Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

520.18 cr

Price Range (₹)

428

Lot Size

35

Min Investment (₹)

14,980.00

Listing Exchange

MumbaiNSE

Open Date

16-Jun-2021

Close Date

18-Jun-2021

Listing Date

28-Jun-2021

Dodla Dairy Ltd News

    The Shares of Dodla Dairy Ltd have now been listed.

    Dodla Dairy Ltd IPO Details

    Initial Public Offering of up to 12,153,668 equity shares* of face value of Rs.10 each (equity shares) of Dodla Dairy Limited (company) for cash at a price of Rs.428 per equity share (including a share premium of Rs.418 per equity share) (the offer price) aggregating up to Rs. 520.18 Crores (offer). The offer comprises a fresh issue of 1,168,224 equity shares aggregating up to Rs.50 Crores and an offer for sale of 10,985,444 equity shares consisting of 9,200,000 equity shares by Tpg Dodla Dairy Holdings Pte Ltd. (investor selling shareholder) and 416,604 equity shares by Dodla Sunil Reddy and 1,041,509 equity shares by Dodla Family Trust (promoter selling shareholders), and 327,331 equity shares by Dodla Deepa Reddy (promoter group selling shareholder and together with the investor selling shareholder and the promoter selling shareholders, the selling shareholders), aggregating up to Rs. 470.18 Crores (offer for sale). The offer constituted 20.43% of the fully diluted post offer paid up equity share capital of the company.* subject to finalisation of basis of allotmentThe offer price is Rs.428 of the fae value of Rs.10 ach and is 42.8 times of the face value.

    Objective of issue

    Repayment and/or pre-payment, in full or part, of certain Borrowings availed by the Company. Funding incremental Capital Expenditure requirements of the Company. General Corporate Purposes.

    Dodla Dairy Ltd Contact Details

    Dodla Dairy Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - mail@dodladairy.com

    Website - www.dodladairy.com