Dodla Dairy share value debuts at Rs 550, a 28.50% premium to give cost

Dodla Dairy share value debuts at Rs 550, a 28.50% premium to give cost




Dodla Dairy, which has a critical presence in the southern area of India, effectively raised Rs 520.17 crore from financial backers during June 16-18. 

South India-based coordinated dairy organization Dodla Dairy share cost got going the primary day exchange with a 28.50 percent premium to give cost, on June 28. 

The stock opened at Rs 550 on the NSE against issue cost of Rs 428, while it's anything but a 23.36 percent premium at Rs 528 on the Bombay Stock Trade. 


Dodla Dairy was citing at Rs 574.85, up Rs 146.85, or 34.31 percent on the BSE. 

Consolidated in 1995, Dodla Dairy, which has a cr

itical presence in the southern district of India, with activities principally across the five Indian territories of Andhra Pradesh, Telangana, Karnataka, Tamil Nadu and Maharashtra, effectively raised Rs 520.17 crore from financial backers during June 16-18, 2021. 

The organization basically infers the entirety of its income from the offer of milk (around 75% of 9MFY21 income) and dairy based VAPs (esteem added items) in the marked customer market, having 13 preparing plants with a total introduced limit of 1.70 million liters of crude milk each day (MLPD). 



The organization will use net continues from new issue for reimbursement of specific borrowings and working capital necessities.

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