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Dodla Dairy Limited

Dodla Dairy Limited

mainboardlisted
Registrar: Kfin Technologies Pvt Limited · Listing 2021-06-28
IPO Timeline
Today · 20 Oct 2026
Opens
16 Jun 2021
Closes
18 Jun 2021
Allotment
18 Jun 2021
Refund
24 Jun 2021
Demat
23 Jun 2021
Listing
28 Jun 2021
Price Band
₹421–428
GMP
₹0
0%
Lot Size
35 Shares
Min ₹14,980
Subscription
0x
Issue Size
₹520 Cr
Open
2021-06-16
Close
2021-06-18
Listing
2021-06-28

About the company

Hyderabad-based Dodla Dairy is the third largest private integrated dairy company in terms of milk procurement in India. It primarily derives its revenue from four southern states and Maharashtra and claims to be ranked second among private dairy players in terms of presence across markets in India. The company sells its products under brand names—Dodla Dairy (for milk and perishable products such as curd, flavoured milk) and Dodla (for value-added products such as ghee, butter, paneer, butter milk and ice creams). The revenue from milk and value added products (high margin) constituted 75% and 25% respectively, for the first three quarters of FY21. The revenue of the company has grown at a CAGR of 16% between FY18-20.

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 28 Jun 2021
      Listed 1940 days ago
      1. IPO Opens

        Completed
        16 Jun 2021

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        18 Jun 2021

        Last day to place your bid

      3. Basis of Allotment

        Completed
        18 Jun 2021

        Share allotment finalised

      4. Refund Initiation

        Completed
        24 Jun 2021

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        23 Jun 2021

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        28 Jun 2021

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      35 shares
      Price / Share (upper)
      ₹428
      Min Investment (1 lot)
      ₹14,980
      Price Band
      ₹421–428
      Retail
      ≤ ₹2,00,000
      Min lots
      1
      Min shares
      35
      Min amount
      ₹14,980
      Max amount
      ₹194,740
      sHNI (Small HNI)
      ₹2L – ₹10L
      Min lots
      14
      Min shares
      490
      Min amount
      ₹209,720
      Max amount
      ₹988,680
      bHNI (Big HNI)
      > ₹10L
      Min lots
      67
      Min shares
      2345
      Min amount
      ₹1,003,660
      Max amount
      ₹1,078,560

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹260 Cr
      Shares offered
      6,124,853
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹78 Cr
      Shares offered
      1,837,456
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹182 Cr
      Shares offered
      4,287,397
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).