Business

Dodla Dairy shares list at over 28 pc premium on D-Street

Shares of Dodla Dairy on Monday jumped over 28 percent in its debut trade against the issue price of Rs 428.

migrator

Mumbai

The stock listed at Rs 528, reflecting a premium of 23.36 percent against the issue price on BSE. As trade progressed, it jumped 48 percent to Rs 633.60. 

On NSE, it debuted at Rs 550, rallying 28.50 percent from the issue price. 

The Rs 520.17-crore initial public offer of Dodla Dairy was subscribed 45.61 times earlier this month. 

The offer of Dodla Dairy, a leading dairy company in southern India, was in a price range of Rs 421-428 per share. 

The company's operations in India are primarily across four states -- Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu. Its international operations are based in Uganda and Kenya.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Also Read

'Jana Nayagan': SC to hear on Jan 15 plea filed by film's producer challenging Madras HC order

Governor RN Ravi extends warm Pongal greetings, hails farmers and Bharatiya heritage

Chennai Ula Vintage bus service flagged off ahead of Pongal

Madhavaram and Manali lake boating facilities among Rs 39.78 crore civic works launched in North Chennai

Fully booked flights leave travelers high and dry for Pongal