Dodla Dairy Limited is an integrated dairy company in South India that’s engaged within the procurement, processing, distribution, and marketing of milk and other dairy products. It processes and sells milk including standardized, toned, and double toned milk, and produces dairy products like curd, butter, ghee, ice cream, flavoured milk, etc
Its Indian operations are mainly undertaken under the name of “Dodla”, “Dodla Dairy”, and “KC+” whereas it serves overseas market under the name of “Dodla Dairy”, “Dairy Top”, and “Dodla+”. Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, and Maharashtra are the key Indian market segments served by the corporate while within the overseas market, it mainly serves countries like Uganda and Kenya.
It has a complete of 13 processing plants to process staple into packaged milk and manufacture dairy-based value-added products. The firm features a strong distribution network of 40 sales offices, 3336 distribution agents, 863 milk distributors, and 449 product distributors across 11 states in India.
IPO Opening Date
June 16, 2021
IPO Closing Date
June 18, 2021
Book Built Issue IPO
₹10 per equity share
₹421 to ₹428 per equity share
Min Order Quantity
- Large product portfolio.
- Leading dairy player in the Southern region of India.
- Strong distribution network.
- Integrated business model with stringent quality control procedure.
Dodla Sunil Reddy, Dodla Sesha Reddy, and Dodla Family trust are the company promoters.
IPO Lot Size
The Dodla Dairy IPO market lot size is 35 shares. A retail-individual investor can apply for up to 13 lots (455 shares or ₹194,740).