Dodla Dairy, a leading dairy company in South India, filed draft papers with capital markets regulator Securities and Exchange Board of India (SEBI) to float an initial public offering (IPO).
The IPO comprises fresh issuance of shares worth up to Rs150cr, besides an offer for sale of up to 95,43,770 equity shares by TPG Dodla Dairy Holdings Pte Ltd and Dodla Deepa Reddy, according to the draft papers filed with SEBI.
Edelweiss Financial Services and ICICI Securities will manage the company’s initial share sale.
The equity shares will be listed on NSE and BSE.
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