Dodla Dairy Limited which had tapped 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 was subscribed 45.62 times. The issue had opened on Wednesday the 16th of June and closed on Friday the 18th of June. The issue would raise Rs 520 cr at the top end of the band.

Earlier the company had 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 Fund. 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 issue saw QIB portion get subscribed 84.88 times, HNI portion was subscribed 73.26 times and Retail portion was subscribed 11.34 times. There were 11.76 lac applications and on basis of lots, Retail portion was subscribed 9.68 times.

Full list of subscription, category wise is given below: –