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.