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Is it good to buy Dodla IPO?
Brokerages have recommended subscribing to the Dodla Dairy IPO on the back of the company’s strong financial performance, robust business growth, growth potential, reasonable valuations and long term prospects of the domestic dairy industry.
Should I invest Dodla dairy?
“Dodla Dairy is one of the leading dairy firm in Southern India and is the third-largest player in terms of milk procurement per day. Given its strong network and reach Saurabh Joshi Research Analyst at Marwadi Shares and Finance suggested investors can remain invested in the company.
Can we buy Dodla dairy IPO?
Dodla Dairy is launching its IPO. The public offering comprises fresh issuance of equity shares aggregating up to Rs. 50 crores and an offer for sale of 1 crore equity shares….Dodla Dairy IPO Closed.
| IPO date | 16 Jun 2021 – 18 Jun 2021 |
|---|---|
| Price range | 421 – 428 |
| Minimum order quantity | 35 |
| (D)RHP | View |
What is GMP of Dodla dairy IPO?
1] Dodla Dairy IPO GMP: According to market observers, Dodla Dairy IPO grey market premium (GMP) today is ₹80 that means the market observers are expecting Dodla Dairy IPO listing at ₹80 above the offered issue price by the company promoters.
What is GMP of Dodla dairy?
Dodla Dairy IPO was open for subscription from June 16 and closed on June 18. The company had fixed the issue price band at Rs 421-428 per share. So, the GMP of this IPO is around Rs 60.
How is IPO of Dodla dairy?
Dodla Dairy made a strong debut on the stock exchanges on Monday, in an otherwise volatile market. Shares of the debutant company began trading at Rs 550 per share on NSE, up Rs 122 or 28.50\% from the issue price of Rs 428 apiece. The Rs 520-crore initial public offering (IPO) of Dodla Dairy was subscribed 45.61 times.