Dodla Dairy’s ₹ 520 crore IPO to open on June 16
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Company offering on sale up to 10,985,444 equity shares
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Company offering on sale up to 10,985,444 equity shares
Integrated dairy company Dodla Dairy has fixed a price band of ₹421-₹428 per equity share for its Initial Public Offer (IPO), to raise ₹520 crore, which opens on June 16.
The IPO comprises a fresh issue aggregating up to ₹50 crore and and offer for sale of up to 10,985,444 equity shares. The offer for sale consists of up to 92 lakh equity shares by TPG Dodla Dairy Holdings Pte Ltd and up to 4,16,604 equity shares by Dodla Sunil Reddy and up to 1,041,509 equity shares by Dodla Family Trust and up to 3,27,331 equity shares by Dodla Deepa Reddy.
Dodla Dairy, a leading dairy company in south India, on Friday said it has fixed a price band of Rs 421-428 a share for its Rs 520-crore initial share-sale, which will open for public subscription on June 16.
Read more about Dodla Dairy s IPO to open on Jun 16; price band set at Rs 421-428/share on Business Standard. Dodla Dairy is a leading dairy company in south India
Arohan Financial Services, Dodla Dairy Get Sebi s Nod for IPO
The two companies filed their preliminary papers with Sebi on February 15 and obtained its observations on April 23
Arohan Financial Services, Dodla Dairy Get Sebi s Nod for IPO
PTI - 26 April 2021
Non-banking financial company Arohan Financial Services and Dodla Dairy, a leading dairy company in South India, have received capital markets regulator Sebi s go-ahead to float initial share-sales.
The two companies filed their preliminary papers with Sebi on February 15 and obtained its observations on April 23, an update with Sebi showed on Monday.
Sebi s observation is very necessary for any company to launch public issues like Initial Public Offer (IPO), follow-on public offer (FPO), and rights issue.