✓
Open
16 Jun 2021
✓
Close
18 Jun 2021
3
Allotment
—
✓
Listing
Mon, Jun 28, 2021
Price Band
₹421 to ₹428
Issue Size
1,21,53,668 shares (agg. up to ₹520 Cr)
Lot Size
35 Shares
Listing Date
Mon, Jun 28, 2021
Latest GMP
₹80
Est. Gain
18.69%
✦ AI Insight
GMP Trend
26-06-2021₹80Est. ₹508+18.69%
25-06-2021₹80Est. ₹508+18.69%
24-06-2021₹72Est. ₹500+16.82%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 31.67x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 863.79 | 800.31 | 751.92 | 608.96 |
| Total Income | 1,417.04 | 2,145.65 | 1,699.46 | 1,597.01 |
| Profit After Tax | 116.39 | 49.87 | 62.76 | 56.85 |
| EBITDA | 206.51 | 140.93 | 134.15 | 112.72 |
| NET Worth | 549.69 | 433.50 | 406.37 | 339.53 |
| Reserves and Surplus | 549.69 | 433.50 | 406.37 | 339.53 |
| Total Borrowing | 95.88 | 150.06 | 157.79 | 125.81 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company from ICICI Bank Limited, the Hongkong and Shanghai Banking Corporation Limited and HDFC Bank Limited | 32.26 |
| 2 | Funding incremental capital expenditure requirements of our Company | 7.15 |
| 3 | General corporate purposes | 10.59 |
About Dodla Dairy IPO
Incorporated in 1995, Dodla Dairy Limited is an integrated dairy company in South India that is engaged in the procurement, processing, distribution, and marketing of milk and other dairy products. It processes and sells milk including standardized, toned, and double toned milk, and produces dairy products like curd, butter, ghee, ice cream, flavoured milk, etc. Its Indian operations are mainly undertaken under the brand name of "Dodla", "Dodla Dairy", and "KC+" whereas it serves overseas market under the brand name of "Dodla Dairy", "Dairy Top", and "Dodla+". Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, and Maharashtra are the key Indian market segments served by the company while in the overseas market, it mainly serves countries like Uganda and Kenya. It has a total of 13 processing plants to process raw material into packaged milk and manufacture dairy-based value-added products. The firm has a strong distribution network of 40 sales offices, 3336 distribution agents, 863 milk distributors, and 449 product distributors across 11 states in India. Competitive strengths Large product portfolio. Leading dairy player in the Southern region of India. Strong distribution network.
Contact Details
Dodla Dairy Ltd. Address8-2-293/82/A/270-Q, Road No.10-CJubilee Hills, HyderabadHyderabad, Telangana, 500033+91 40 4546 7777mail@dodladairy.comVisit Website