Dodla Dairy IPO
The south-India based dairy firm’s Dodla Dairy IPO for Rs 520.18 crore will open on June 16, 2021. The issue will contain Rs 50 crores in fresh equities and an offer for sale from promoters. The subscription window will close on June 18, 2021.
Dodla Dairy IPO
Dodla Dairy Limited
IPO Date : 16th June 2021 - 18th June 2021
₹20/- For Intraday, F&O, Currencies & Commodities
Dodla Dairy Information
Dodla Dairy firm is a leading private dairy firm with a prominent presence in south India. The firm is present in five Indian states of Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, and Maharastra. Dodla Dairy is the third-largest procurer of raw milk, with an average daily procurement of 1.02 million litres.
The company sells retail milk and dairy-based value-added products. Per a CRISIL report, Dodla Dairy has the second-largest market presence across India among private dairy firms in December 2020.
Competitive strength
- The company has a strong market presence across the south-Indian states and an overseas presence in Kenya and Uganda
- Third largest procurer of raw milk with average daily consumption of 1.02 million litres
- The diversified product portfolio of retail milk (full-cream, standardise, toned, and double-toned) and dairy-based value-added products like curd, ultra-high temperature processed milk, ice-cream, butter, ghee, and flavoured milk
- An integrated business model with well-defined procurement, processing, and distribution channels
Dodla Dairy IPO Important Dates
| IPO Open Date | June 16, 2021 |
| IPO Close Date | June 18, 2021 |
| Basis Of Allotment Date | June 23, 2021 |
| Initiation Of Refunds | June 24, 2021 |
| Credit Of Shares To Demat Account | June 25, 2021 |
| IPO Listing Date | June 28, 2021 |
| UPI Mandate Expiry Date | N/A |
Dodla Dairy Limited IPO Latest News & Subscription Status Today [Live]
At 05:00 p.m
- This IPO has been subscribed 45.62x by 5:00 p.m. on Day 3
- It is a public issue of 8,507,569 equity shares.
Status of Subscription
- (QIB) Qualified institutional buyers: 84.88x
- (NII) Non-institutional buyers: 73.26x
- (RII) Retail Individual buyers: 11.33x
At 03:55 p.m
- This IPO has been subscribed 45.53x by 3:55 p.m. on Day 3
- It is a public issue of 8,507,569 equity shares.
Status of Subscription
- (QIB) Qualified institutional buyers: 84.88x
- (NII) Non-institutional buyers: 73.23x
- (RII) Retail Individual buyers: 11.17x
At 02:55 p.m
- This IPO has been subscribed 27.46x by 2:55 p.m. on Day 3
- It is a public issue of 8,507,569 equity shares.
Status of Subscription
- (QIB) Qualified institutional buyers: 40.01x
- (NII) Non-institutional buyers: 50.53x
- (RII) Retail Individual buyers: 10.40x
At 01:55 p.m
- This IPO has been subscribed 18.36x by 1:55 p.m. on Day 3
- It is a public issue of 8,507,569 equity shares.
Status of Subscription
- (QIB) Qualified institutional buyers: 13.02x
- (NII) Non-institutional buyers: 47.21x
- (RII) Retail Individual buyers: 9.06x
At 12:59 p.m
- This IPO has been subscribed 6.35x by 12:59 p.m. on Day 3
- It is a public issue of 8,507,569 equity shares.
Status of Subscription
- (QIB) Qualified institutional buyers: 5.75x
- (NII) Non-institutional buyers: 2.45x
- (RII) Retail Individual buyers: 8.37x
At 10:09 a.m
- This IPO has been subscribed 3.38x by 10:09 a.m. on Day 3
- It is a public issue of 8,507,569 equity shares.
Status of Subscription
- (QIB) Qualified institutional buyers: 0.28x
- (NII) Non-institutional buyers: 0.63x
- (RII) Retail Individual buyers: 6.33x
At 05:00 p.m.
- This IPO has been subscribed 3.30x by 5:00 p.m. on Day 2
- It is a public issue of 8,507,569 equity shares.
Status of Subscription
- (QIB) Qualified institutional buyers: 0.28x
- (NII) Non-institutional buyers: 0.60x
- (RII) Retail Individual buyers: 6.18x
At 03:55 p.m.
- This IPO has been subscribed 2.98x by 3:55 p.m. on Day 2
- It is a public issue of 8,507,569 equity shares.
Status of Subscription
- (QIB) Qualified institutional buyers: 0.24x
- (NII) Non-institutional buyers: 0.53x
- (RII) Retail Individual buyers: 5.59x
At 02:55 p.m.
- This IPO has been subscribed 2.55x by 2:55 p.m. on Day 2
- It is a public issue of 8,507,569 equity shares.
Status of Subscription
- (QIB) Qualified institutional buyers: 0.24x
- (NII) Non-institutional buyers: 0.46x
- (RII) Retail Individual buyers: 4.77x
At 01:10 p.m.
- This IPO has been subscribed 2.30x by 1:10 p.m. on Day 2
- It is a public issue of 8,507,569 equity shares.
Status of Subscription
- (QIB) Qualified institutional buyers: 0.24x
- (NII) Non-institutional buyers: 0.40x
- (RII) Retail Individual buyers: 4.28x
At 10:40 a.m.
- This IPO has been subscribed 1.70x by 10:40 a.m. on Day 2
- It is a public issue of 8,507,569 equity shares.
Status of Subscription
- (QIB) Qualified institutional buyers: 0.02x
- (NII) Non-institutional buyers: 0.16x
- (RII) Retail Individual buyers: 3.32x
At 05:00 p.m
- This IPO has been subscribed 1.40x by 5:00 p.m. on Day 1
- It is a public issue of 8,507,569 equity shares.
Status of Subscription
- (QIB) Qualified institutional buyers: 0.02x
- (NII) Non-institutional buyers: 0.14x
- (RII) Retail Individual buyers: 2.73x
How to apply for Dodla Dairy IPO :
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In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
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