Dodla Dairy IPO Subscription Status Updates Today
Day 1 : Dodla Dairy's initial public offering was subscribed 1.40 times on the first day of subscription on Wednesday.
The initial public offering (IPO) received bids for 1,19,38,955 shares against 85,07,569 shares on offer, according to NSE data. The qualified institutional buyers (QIBs) category received two per cent subscription, non-institutional investors 14 per cent and retail individual investors (RIIs) 2.73 times. The IPO comprises a fresh issue of Rs 50 crore and an offer-for-sale of 1,09,85,444 equity shares. Its price range is at Rs 421-428 per share.
