
Consumer Staples · NSE / BSE
Incorporated in 1995, Dodla Dairy Limited is an integrated dairy company in South India engaged in the procurement, processing, distribution, and marketing of milk and dairy products. The company processes and sells various types of milk—standardized, toned, and double-toned—and produces value-added products such as curd, butter, ghee, ice cream, and flavoured milk. Domestically, its products are marketed under the brands “Dodla,” “Dodla Dairy,” and “KC+,” while in overseas markets like Uganda and Kenya, it operates under “Dodla Dairy,” “Dairy Top,” and “Dodla+.” Dodla Dairy has 13 processing plants and a robust distribution network comprising 40 sales offices, 3,336 distribution agents, 863 milk distributors, and 449 product distributors across 11 Indian states, with key markets including Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, and Maharashtra.
Price Band
₹61
Issue Size
₹520 Cr
Lot Size
35 shares
GMP
+131.2%
Est. Listing
₹141
at current GMP
Subscribed
—
Open
16 Jun 2021
Close
22 Jun 2021
Allotment
23 Jun 2021
Refund
24 Jun 2021
Demat Credit
25 Jun 2021
Listing
28 Jun 2021
Designated Registrar: Kfin Technologies Limited
Allotment Date
23 Jun 2021
Basis finalization
Refunds Initiate
24 Jun 2021
Mandate release
Demat Credit
25 Jun 2021
Shares in demat
Listing Debut
28 Jun 2021
Trading begins
Dodla Dairy Limited is bringing an initial public offering (IPO) in the Consumer Staples sector with an aggregate issue size of ₹520 Crores. The shares are offered at a price band of ₹61 to ₹61 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 35 shares (approx. ₹2,135 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-06-25, while un-allotted funds or UPI block mandates will be released on 2021-06-24.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.