Dodla Dairy Limited Incorporated in 1995, 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, flavored 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.
- Integrated business model with stringent quality control procedure.
- Experienced board and managerial team.
Dodla Dairy Limited IPO IPO Tentative Timetable
| Particular | Date |
| IPO Open Date | 16 Jun 2021 |
| IPO Close Date | 18 Jun 2021 |
| Allotment Date | 23 Jun 2021 |
| IPO Listing Date | 28 Jun 2021 |
Dodla Dairy Limited IPO IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 421 to Rs. 428 Per Equity Share |
| Market Lot | 35 Share |
| NSE Symbol | |
| BSE Symbol | |
| ISIN Code | |
| Listing At | NSE, & BSE |
| Issue Size | Approx Rs. 520 Crore. |
Dodla Dairy Limited IPO IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 35 | 14980 |
| Maximum | 13 | 455 | 194740 |
Dodla Dairy Limited IPO IPO Allotment Status
Click Here To Check IPO Allotment Status Dodla Dairy Limited IPO.
Company Financials:
| Particular | 31 Dec 2020 | 31 March 2020 | 31 March 2019 | 31 March 2018 |
| Total Assets | 8183.23 | 8003.08 | 7519.21 | 6089.64 |
| Total Revenue | 9182.22 | 21456.49 | 16994.59 | 15970.13 |
| Profit After Tax | 747.78 | 498.71 | 627.62 | 568.54 |
Company Promoters:
Dodla Sunil Reddy, Dodla Sesha Reddy, and Dodla Family trust are the company promoters.
Objects of this Issue:
The net IPO proceeds will be used for the following purposes;
- Repay the company’s borrowings fully or partially.
- Finance capital expenditure requirements.
- To meet general corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Dodla Dairy Limited 8-2-293/82/A/270-Q, Road No. 10-C, Jubilee Hills, Hyderabad, 500 033 Phone: +91 40 4546 7777 Email: mail@dodladairy.com Website: http://www.dodladairy.com/ | KFintech Private Limited KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India – 500 032. Phone: 04067162222, 04079611000 Email: sonacomstar.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
Latest GMP is 200 Per Share