Read Dodla Dairy IPO Date Share Price Size Listing Date, Review, GMP & Details and company data and Grey market price in Comments, Article Published in Initial public offering section on e akhabaar
Dodla Dairy is fully prepared and ready to be list on stock exchanges. Finally, the dairy product company going to launch its IPO on June 16 while the IPO will be close on June 18. So be alert about every date and every action related to this Initial public offer. The company has announced the price band which will between Rs 421- Rs 428 per share. Let unveil all the related details of this Initial Public offer and when it will list on the Indian stock exchange as well.
It is a Dairy product company based in Hyderabad, India. This company serving its best-ever products for many years and now to expand itself among other competitors, the firm is ready to raise funds via its IPO.
Dodla Dairy IPO Date
As per the details, Dodla Dairy IPO will come this week after the other two IPOs Shyam Metalics and Sona Comstar. The date has been finalised and it is June 16 when the IPO will be available to buy for all the investors.
| IPO Opening Date | Jun 16, 2023 |
| IPO Closing Date | Jun 18, 2023 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹421 to ₹428 per equity share |
| Market Lot | 35 Shares |
| Min Order Quantity | 35 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹10 (aggregating up to ₹520.18 Cr) |
| Fresh Issue | [.] Eq Shares of ₹10 (aggregating up to ₹50.00 Cr) |
| Offer for Sale | 10,985,444 Eq Shares of ₹10 (aggregating up to ₹470.18 Cr) |
The public offer comprises a fresh issue of up to Rs 50 crore and an offer for sale of up to 1,09,85,444 equity shares by promoters and investors. While on the other side, The offer for sale consists of 92 lakh equity shares by investor TPG Dodla Dairy Holdings, and 4,16,604 equity shares by Dodla Sunil Reddy, 10,41,509 equity shares by Dodla Family Trust, and 3,27,331 equity shares by Dodla Deepa Reddy.
Dodla Dairy IPO Review
The IPO Price is set as between Rs 421 to Rs 428 per equity. If we talk about face value, so it is available as Rs 10 per equity share.
| IPO Open Date | Jun 16, 2023 |
| IPO Close Date | Jun 18, 2023 |
| Basis of Allotment Date | Jun 23, 2023 |
| Initiation of Refunds | Jun 24, 2023 |
| Credit of Shares to Demat Account | Jun 25, 2023 |
| IPO Listing Date | Jun 28, 2023 |
Now moving towards the market lot we want to inform you that in this upcoming IPO you have to minimum 35 shares. Which will cost you around Rs 14,948. The company is profitable and will grow definitely. But still, we give you a disclaimer that you can invest this amount at your own risk.
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