Markets

Dodla Dairy raises Rs156 crore from anchor investors ahead of IPO


Dodla Dairy Products Ltd on Tuesday elevated 156 crore from 18 support financiers in advance of its first public deal that opens up for registration on 16 June.

Capitalists that took part in the support allowance consisted of DSP Small Cap Fund, Ashoka India Opportunities Fund, IIFL Unique Opportunities Fund and also Integrated Core Methods Asia Pte Ltd, Kuber India Fund and also Saint Resources Fund.

The IPO contains a fresh problem accumulating approximately Rs50 crore and also a sell of approximately 10,985,444 equity shares by existing financiers of the business. The sell contains share sale by the marketers of the business and also exclusive equity capitalist TPG Resources.

The business prepares to elevate 52017 crore at a greater end of the cost band.

The internet profits of a fresh problem will certainly be made use of for settling of specific loanings availed by the business.

The cost band of the IPO has actually been repaired at 421 to 428 per equity Share.

ICICI Stocks Ltd and also Axis Resources Ltd are taking care of the IPO.

Sign Up For Mint E-newsletters

* Get in a legitimate e-mail

* Thanks for registering for our e-newsletter.

Never ever miss out on a tale! Keep linked and also educated with Mint.
Download And Install
our Application Currently!!