Guidelines

What is expected listing price of Dodla dairy?

What is expected listing price of Dodla dairy?

According to Moneycontrol, experts have said they expect Dodla Dairy to list with 15-25 per cent over the issue price of ₹428 as they cited the reasonable pricing and healthy investor response to its IPO.

Is Dodla dairy IPO oversubscribed?

The IPO received bids for 2,80,50,960 shares against 85,07,569 shares on offer, data from the National Stock Exchange (NSE) showed. …

What is GREY market price of Dodla dairy?

The grey market premium of this dairy company is around Rs 95 per share, according to IPOwatch . So, when Dodla Dairy will make its debut in the stock market it will be priced around Rs 516- Rs 523.

Can we buy Dodla IPO?

Dodla Dairy is launching its IPO. The public offering comprises fresh issuance of equity shares aggregating up to Rs. 50 crores and an offer for sale of 1 crore equity shares….Dodla Dairy IPO Closed.

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IPO date 16 Jun 2021 – 18 Jun 2021
Price range 421 – 428
Minimum order quantity 35
(D)RHP View

What is Dodla dairy IPO?

The Rs 520-crore initial public offering (IPO) of Dodla Dairy was subscribed 45.61 times. Dodla Dairy made a strong debut on the stock exchanges on Monday, in an otherwise volatile market. Shares of the debutant company began trading at Rs 550 per share on NSE, up Rs 122 or 28.50\% from the issue price of Rs 428 apiece.

Is Dodla dairy IPO allotted?

Zerodha (₹20/trade) ProStocks (₹899 Unlimited) Upstox (₹20/trade) Paytm Money (₹10/trade) 5paisa (₹20/trade) More Brokers……Dodla Dairy IPO Details.

Issue Open Jun 16, 2021
IPO Size ₹520.18 Cr
Listing At BSE, NSE
IPO Lot Size 35

How many times Subscribe Dodla dairy?

Dodla Dairy IPO subscribed 45.62 times. The public issue subscribed 11.34 times in the retail category, 84.88 times in QIB, and 73.26 times in the NII category by Jun 18, 2021.

How is IPO of Dodla dairy?

How many times Dodla dairy IPO subscribe?

Dodla Dairy IPO subscribed 45.62 times.

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What is the GMP of Dodla dairy?

According to market observers, Dodla Dairy IPO GMP had been oscillating around ₹60 to 80 for the last one week and this rise post-closure of the Dodla Dairy IPO subscription is an indication about the listing gains that market is expecting from the public issue.

Is Dodla dairy a good IPO?

Dodla Dairy made a strong debut on the stock exchanges on Monday, in otherwise volatile market momentum. The Rs 520-crore initial public offering (IPO) of Dodla Dairy was subscribed 45.61 times. Dodla Dairy made a strong debut on the stock exchanges on Monday, in an otherwise volatile market.

Should we apply for Dodla dairy IPO?

Zee Business Managing Editor Anil Singhvi said that investors should apply for Dodla Dairy IPO for listing gains and also with a view to long term investments. They can expect reasonable listing gains and not exceptional listing gains on the listing day, he cautions.

What is the date of Dodla dairy IPO listing 2021?

Basis of Allotment finalization is on Jun 23, 2021, refund initiation is on Jun 24, 2021, credit of shares is on Jun 25, 2021, and share listing date is on Jun 28, 2021. What is the Dodla Dairy IPO Listing Date?

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Is red herring prospectus filed for directdodla dairy IPO?

Dodla Dairy, founded by first generation entrepreneur Sunil Reddy in 1998, sells about 11 lakh litres of milk. ThinkStock Photos The preliminary draft red herring prospectus for the IPO is likely to be filed in a couple of months, said one of the people.

How many equity shares are being offered by TPG Dodla?

Up to 7,820,589 equity shares are being offered by TPG Dodla Dairy Holdings Pte Ltd and the rest 1,723,181 equity shares by Dodla Deepa Reddy. (undisclosed) equity shares will be reserved for market makers and the rest (undisclosed) shares will be issued to investors. The price band range has been set at ₹ (undisclosed) – ₹ (undisclosed) per share.

What is the business model of Dodla?

Company’s Indian and international operations are undertaken under their brands “Dodla Dairy” and “Dairy Top” respectively. Company process and retails milk and produce dairy based value added products (“VAPs”) such as curd, ultra-high temperature processing (“UHT”) milk, ghee, butter, flavoured milk and ice cream amongst others.