Dodla Dairy IPO
The south-India based dairy firm, Dodla Dairy, files DRHP with SEBI to issue maiden shares worth Rs 800 crores. The issue will contain Rs 50 crores in fresh equities and 1,00,85,444 equity shares on offer for sale from promoters.
Dodla Dairy IPO
Dodla Dairy IPOIPO Date : To be updated
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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 was the second largest in terms of market presence across India among private dairy firms in December 2020.
- 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
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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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