Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
IPO News

| More

Dodla Dairy Limited raises Rs. 156.05 crore from 18 anchor investors

Posted On: 2021-06-16 15:04:01 (Time Zone: UTC)


Dodla Dairy Limited, the second largest private dairy company in terms of market presence in India and also the third largest private dairy players in terms of procurement of milk per day with an average procurement of 1.03 million litres of raw milk per day, allotted 36,46,099 equity shares to 18 anchor investors and raised Rs. 156.05 crore ahead of the company's proposed IPO at the upper price band of Rs. 428 per share.

The anchor allocation as follows:

DSP SMALL CAP FUND - 16.66%
ASHOKA INDIA OPPORTUNITIES FUND - 13.46%
IIFL SPECIAL OPPORTUNITIES FUND - SERIES 7 - 12.17%
SBI MAGNUM MIDCAP FUND - 8.33%
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE SMALL CAP FUND - 8.33%
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE MULTI-CAP FUND - 8.33%
INTERNATIONAL FINANCE CORPORATION - 6.41%
SBI MAGNUM CHILDREN'S BENEFIT FUND - INVESTMENT PLAN - 4.81%
INTEGRATED CORE STRATEGIES ASIA PTE LTD - 3.21%
KUBER INDIA FUND - 3.21%
SAINT CAPITAL FUND - 3.21%
ASHOKA INDIA EQUITY INVESTMENT TRUST PLC - 3.20%
SBI LONG TERM ADVANTAGE FUND-SERIES IV - 2.56%
EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC- EDELWEISS MAIDEN OPPORTUNITIES FUND - SERIES 1 - 1.96%
EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC-EDELWEISS BALANCED ADVANTAGE FUND - 1.96%
SBI MAGNUM CHILDREN'S BENEFIT FUND - 0.96%
EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC- EDELWEISS EDELWEISS EQUITY SAVINGS FUND - 0.85%
EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC- EDELWEISS AGGRESIVE HYBRID FUND - 0.39%

The IPO consists of a fresh issue aggregating up to Rs 500 million and an Offer for Sale of up to 10,985,444 Equity Shares. The Offer for Sale consists of up to 9,200,000 Equity Shares by TPG Dodla Dairy Holdings Pte. Ltd. ("Investor Selling Shareholder"), and up to 416,604 Equity Shares by Dodla Sunil Reddy and up to 1,041,509 Equity Shares by Dodla Family Trust ("Promoter Selling Shareholders"), and up to 327,331 Equity Shares by Dodla Deepa Reddy ("Promoter Group Selling Shareholder").

Around 16.66% of the Anchor Investor Portion was allocated to SBI Mutual Fund, DSP Mutual Fund, Aditya Birla Mutual Fund and White Oak Capital Partners each. The International Finance Corporation, which is already an investor in the Company, also participated in the Anchor Book. Other notable anchor investors were IIFL Special Opportunities Fund and Edelweiss Mutual Fund.

Bids can be made for a minimum of 35 Equity Shares and in multiples of 35 Equity Shares thereafter.

ICICI Securities Limited and Axis Capital Limited are the Book Running Lead Managers ("BRLMs") to the Offer.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com


Other Headlines:

Paras Defence and Space Technologies Limited's IPO to open on September 21, 2021

Kolkata based Metal and Mining Co., Tega Industries files for its IPO

Prudent Corporate Advisory Services Limited files DRHP with SEBI

Private Market Intelligence SaaS Platform, Tracxn files for an IPO

Inspira Enterprise India Limited files DRHP with SEBI

Aptus Value Housing Finance India Limited, Issue subscribed 0.37 times, Retail portion booked 0.54 times on day 2

Nuvoco's IPO final day: Issue subscribed 1.71 times on final day, Best interest from QIB subscribed 4.23 times

Keventer Agro Limited files DRHP with SEBI

Aptus Value Housing Finance India Limited raises Rs. 834 crs from 21 Anchor Investors

Retail Segment laps up 80 % of CarTrade's IPO on Day 1

Nuvoco sees Steady Retail Category Interest 31% Subscribed on Day 1

Hyderabad based Edible Oil Co., Gemini Edibles & Fats files for Rs. 2500 cr IPO

Nuvoco Vistas raises Rs. 1,500 crores from Anchor Investors, 30% of the IPO size of Rs. 5,000 crores

Exxaro Tiles Limited IPO final day: Issue subscribed 22.57 times, Best interest from Retail investors subscribed 39.88 times

Devyani International Limited IPO Final Day: Issue subscribed 116.71 times, Retail portion booked 39.51

Devyani International Limited Issue subscribed 6.61 times, Retail portion booked 22.94 on day 2

Exxaro Tiles Limited IPO subscribed 10. 30 times, Retail portion booked 21.11 times on day 2

Chemplast Sanmar Limited Initial Public Offer to open on Tuesday, August 10, 2021

Aptus Value Housing Finance India Limited's IPO to open on August 10, 2021

Devyani International Limited Issue subscribed 2.69 times, Retail portion booked 11.36 times on day 1

Exxaro Tiles Limited Issue subscribed 4.67 times, Retail portion booked 9.29 times on day 1

Nuvoco Vistas's Rs. 5,000 crores IPO to open on August 09, 2021

FSN E-Commerce Ventures Private Limited (Nykaa) Files DRHP with SEBI for IPO

Profitable Multi-Channel Auto Platform CarTrade Tech Limited's IPO to open on August 09, 2021

Krsnaa Diagnostics Limited IPO to open on August 4, 2021

Fino Payments Bank becomes the first profitable fintech to file for an IPO

Devyani International Limited's IPO to open on August 04, 2021

Vitrified Tiles Major, Exxaro Tiles Limited's IPO to open on August 04, 2021

Windlas Biotech Limited Initial Public Offer to open on Wednesday, August 04, 2021

ESAF Small Finance Bank files for Rs 998 cr IPO

CarTrade Tech Limited gets SEBI approval to float Rs. 2000 crore IPO

Retail focused HFC, Aptus Value Housing gets SEBI approval for IPO

Glenmark Life Sciences IPO - Top Things to Know

Anand Rathi Wealth Ltd files for Rs 1000 cr IPO

Glenmark Life Sciences Limited IPO to open on July 27, 2021

QSR Player Devyani International gets SEBI approval for IPO

Nuvoco Vistas Corporation Limited gets SEBI approval to float Rs. 5000 crore IPO

Northern Arc Capital Limited plans for IPO files DRHP with SEBI

IPO-Bound Veeda Clinical Research acquires majority stake in Bioneeds preclinical

India's Leading Digital Ecosystem, Paytm files for Rs. 16,600 Crore IPO

Chemspec Chemicals Limited plans for IPO files DRHP with SEBI

Tatva Chintan Pharma Chem Initial Public Offer to open on July 16, 2021

G R Infraprojects Limited IPO oversubscribed by over 100 times

G R Infraprojects Limited Issue subscribed 5.90 times, Retail portion booked 7.49 times on day 2

Zomato Limited IPO to open on July 14, 2021

G R Infraprojects Limited raises Rs. 283.33 crores from 22 Anchor Investors

Clean Science & Technology Ltd. - IPO - Healthy Growth Prospects with Reasonable Valuations - Reliance Securities

Top 10 Things To Know - Clean Science and Technology Limited

IPO Review - GR Infraprojects Ltd - ICICI Direct

Clean Science and Technology Limited Initial Public Offer to open on 07th July 2021


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020