Hello friends, today I am going to introduce you to Dodla Dairy LTD. I will tell you about IPO. We keep seeing and hearing about new IPOs every day. In which companies invest a lot of money. Today I am going to tell you about the IPO. That IPO has been issued in the premium list with an increase of 28 points, 50%. Its name is Dodla Dehri Ltd.Company.
Those people who had invested money in it have earned a lot. The listing of the shares of this company was to be held on BSE and NSE on Monday. But the people who bought the shares of this company. He has earned a good amount from the shares of this company. Because of the share of the company today i.e. on June 28, 2021, the price of this share has become ₹ 528 per share.
The IPO of this company was open for subscription only from June 16 to June 18. In which the company had raised ₹ 520 crores. This company sold its shares through an offer for sale. Its fresh IPO was 50 crores. By the way, the business of this company is spread all over the South.
Of which the main states are Karnataka, Tamil Nadu, Western Maharashtra, Andhra Pradesh, Telangana, etc. Its business is going well. Dodla Dehri Ltd. is considered to be the largest and first milk company in South India. The company also had a debt of ₹ 870000000 till 31 December 2020. But it is paying off its debt slowly. Dodla Dairy Limited, established in 1995, is an incorporated dairy organization in South India, buying, handling, circulating and advertising milk and other dairy items. Dodla Dairy Ltd is a coordinated dairy organization situated in South India that mostly determines all of its pay from the handling and offer of retail milk (entire, normalized, tonic and double tonic) and makes milk-based worth added items (“VAP, for example, curds, extremely high temperature (“UHT”) milk, ghee, spread, enhanced milk and frozen yogurt, among others. An Integrated Dairy Company purchases, processes, appropriates, markets and markets milk and worth added dairy items. The organization offers a wide scope of dairy items including new milk, margarine, ghee, paneer, curds, enhanced milk, Doodh Peda, frozen yogurt and skimmed milk powder, and other dairy items.
During 2016-17, the financial backer of the Company, in particular Black River Capital Partners Food Fund Holdings (Singapore) Pte Ltd, moved all of its 23.66% of offers to TPG Dodla Dairy Holdings Pte. Dodla Sunil Reddy, Dodla Sesha Reddy and Dodla Family Trust are the authors of the organization, holding an aggregate of 2,49,70,631 offers (42.81% of settled up capital prior to offering). As of March 31, 2020, the organization has 1 homegrown and 3 abroad auxiliaries, to be specific Orgafeed Pvt Ltd, India, Dodla Holding Pte Ltd, Singapore, Dodla Dairy Kenya Limited, Kenya and Lakeside Dairy Ltd, Uganda. The organization is recorded on the National Stock Exchange of India Limited (NSE) and on BSE Limited (BSE) w.e.f. June 28, 2021
India’s biggest day by day milk supply organization has an enormous arrangement of items (counting esteem added dairy items). As of the twentieth monetary year, 72.8% of the organization’s income came from milk. 27.2% of income came from esteem added dairy items. While as of 9MFY21, the portion of milk expanded to 75.3%, while the portion of income from esteem added dairy items tumbled to 24.7%.
The organization positions third as far as milk supply with a normal acquisition of 1.03 million liters of crude milk each day among private dairy administrators with a huge presence in South India. Telangana, Andhra Pradesh, Karnataka, Tamil Nadu and Maharashtra are the principle sections of the Indian market served by the organization, while in the abroad market, it principally serves nations like Uganda and Kenya. It additionally creates and sells domesticated animals feed to ranchers through its store network.
A significant piece of the organization’s income comes from milk and dairy items, which have restricted edges. As far as homegrown business, the organization’s key market portions are Karnataka, Andhra Pradesh, Tamil Nadu, Telangana and Maharashtra, where it showcases its items under the Dodla Dairy, Dodla and KC + brands. As far as market situating, it is India’s third biggest dairy organization by providing Daily Milk Procurement. It purchases 2,651 dpi for lattes, contrasted and 1,375 dpi and 1,178 dpi for Heritage and Dodla, separately.
As far as milk creation (tons each day), Hatsun is in front of Heritage and Dodla. Legacy and Dodla Foods have deals of 300,000 and 180,000 individually. Hatsun has workplaces in 5 states, Heritage Foods and Dodla Dairy have agent workplaces in 15 states and 11 states separately. Dodla Dairy Ltd contends with Tirumala Milk Products, Creamline Dairy Products, Parag Milk Foods, Heritage Foods and Hatsun Agro Products, the last three of which are recorded.
Established in 1995, Dodla Dairy Limited and settled in Hyderabad is India’s third biggest dairy organization as far as every day milk supply of 10.3 lakh liters. Dodla Dairy is an incorporated dairy organization settled in South India that basically creates income from the offer of milk and worth added dairy items (VAP). VAPs dependent on milk and prepackaged dairy items for retail are delivered in a handling office in Uganda and disseminated through 23 merchants and 11 Dodla Retail Talks. In Kenya, conveyance is done through 43 dissemination specialists and 56 merchants.
On account of significant worth added dairy items (VADP, for example, cheddar, frozen yogurt, whey, paneer, ghee, yogurt, shrihand, and so forth For customary items, for example, milk, curds, buttermilk, and so on, Cost-compelling EBITDA is lower from 4% to 6%.
To exchange on the spot market, store 20% of the underlying edge of the exchange esteem. Get your exchange data directly from the trade to your cell phone/email by the day’s end … Delivered to assist financial backers.
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Holy messenger Broking said in an explanation that it has a coordinated plan of action with clear cut obtainment, handling and circulation capacities and is centered around responsibility and long haul associations with raisers. The principal offer incorporates another issue of Rs 50 crore and a proposal to sell up to Rs 1.09 crores of offers from authors and private financial backers like TPG, as indicated by its herring plan. The proposition incorporates 92 million portions of TPG financial backer Dodla Dairy Holdings, 10.41,509 portions of Dodla Family Trust, 4,16,604 portions of Dodla Sunil Reddy and 3,27,331 portions of Dodla Deepa Reddy.
