
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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 42,622,951 | — | 0.00x |
| Non-Institutional (NII / HNI) | 12,786,885 | — | 0.00x |
| Retail Individual (RII) | 29,836,066 | — | 0.00x |
| Total | 85,245,902 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 852,459 | 852,459 | 1.00x |
| HNIs (10L +) | 5,453 | 5,453 | 1.00x |
| HNIs (2-10L) | 26,096 | 26,096 | 1.00x |
| Total Applications | 884,008 | 884,008 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Dodla Dairy Limited IPO is ₹80 per equity share. Based on the upper price band of ₹61 to ₹61 per equity share, the estimated listing price is ₹141 (+131.2% expected listing gain).
With a lot size of 35 shares and current GMP of ₹80, the expected profit per application lot is approx ₹2,800 (+131.2% gain). Minimum application cost is approx ₹2,135.
The Dodla Dairy Limited IPO aggregate issue size is ₹520 Crores with an equity price band set at ₹61 to ₹61 per equity share. The retail lot size is 35 shares requiring a minimum capital outlay of approx. ₹2,135.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2021-06-23. Investors can verify status using PAN card or application number.
Dodla Dairy Limited shares are scheduled to list on NSE and BSE on 2021-06-28.