Dodla Dairy Limited – Completes Allocation to Anchor Investors

Dodla Dairy Limited which is tapping the capital markets with its fresh issue for Rs 50 crs and an offer for sale of 1,09,85,444 shares in a price band of Rs 421-428 completed allocation to anchor investors. The issue opens on Wednesday the 16th of June and closes on Friday the 18th of June. The issue would raise Rs 520 cr at the top end of the band.

The company allotted 36,46,099 equity shares to 10 anchor investors comprising of 18 entities. The highest allocation has been made equally to 4 anchor investors of 16.66%. These four entities comprising of DSP Small Cap Fund, Aditya Birla Sun Life, SBI Mutual Fund and Ashoka India. These four entities have been allotted 6,07,460 shares each. The total allotment to these four entities is 24,29,840 shares constituting 66.64%.

The full details of the anchor allotment is given below: –

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