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Dangee Dums Limited IPO (Dangee Dums IPO) Detail

Aug 20, 2018 - Aug 24, 2018

Incorporated in 2010, Ahmedabad based Dangee Dums Limited is a company engaged in the business of cakes, chocolates, and desserts.

The company manufactures the following products:
1. Cakes and Pastries
2. Designer Cake
3. Chocolates
4. Cupcakes and Ice creams
5. Other Bakery Products

Dangee Dums has recently introduced ice cream which is receiving a very good response from the customers. The
other products are Artisan Breads, Candies, Cookies, Khari Toast, Thick shakes, Softies, Savouries, and beverages.

The company has a 25000 square feet manufacturing facility in Ahmedabad. It has 87 outlets across Gujarat with 46 outlets in Ahmedabad, 23 in Surat, 12 in Vadadora, 3 each in Gandhinagar and Surat.

Dangee Dums was awarded as the "best dessert place in Ahmedabad" in Times Food Award on February 12, 2012.

The company has 254 permanent employees on its payroll.

Strengths of the Company-

1. Widespread footprint across Gujarat with 81 stores
2. Sales growth of 60% CAGR on a YoY basis
3. Established brand in Gujarat

Company Promoters:

The promoters of the company are Mr. Nikul Jagdishchandra Patel, Mrs. Foram Nikul Patel, and Mr. Ravi Hemantkumar Patel. They together hold 70,35,500 Equity Shares constituting 93.18 % of the issued and paid-up Equity Share capital of the Company.

Company Financials:

Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 4,367.23 2,716.77 1,552.91 845.43 309.28
Total Revenue 3,657.86 1,996.12 1,153.12 598.39 295.34
Profit After Tax 154.77 90.52 (513.16) (288.03) (127.59)
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17
Total Assets 2,716.49
Total Revenue 1996.12
Profit After Tax 90.50

Objects of the Issue:

The objects of the issue are-
1. Repayment of Existing Secured Loans
2. Purchase of Fixed Assets
3. General Corporate Expense
4. Issue Expenses

Dangee Dums IPO Details

IPO Opening Date Aug 20, 2018
IPO Closing Date Aug 24, 2018
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹74 per equity share
Market Lot 1600 Shares
Min Order Quantity 1600 Shares
Listing At NSE SME
Issue Size2,712,000 Eq Shares of ₹10
(aggregating up to ₹20.07 Cr)

Dangee Dums IPO Tentative Timetable

The Dangee Dums IPO open date is Aug 20, 2018, and the close date is Aug 24, 2018. The issue may list on Sep 3, 2018.

IPO Open Date Aug 20, 2018
IPO Close Date Aug 24, 2018
Basis of Allotment Date Aug 29, 2018
Initiation of Refunds Aug 30, 2018
Credit of Shares to Demat Account Aug 31, 2018
IPO Listing Date Sep 3, 2018

Dangee Dums IPO Lot Size

The Dangee Dums IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹118,400).

Application Lots Shares Amount (Cut-off)
Minimum 1 1600 ₹118,400
Maximum 1 1600 ₹118,400

Dangee Dums IPO Subscription Status (Bidding Detail)

The Dangee Dums IPO is subscribed 63.98 times on 8/24/2018 6:25:01 PM. The public issue subscribed 23.85 in the retail category, in the QIB category, and 104.01 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII104.01
Retail23.85
Total63.98

Dangee Dums IPO Prospectus

Dangee Dums IPO Rating

134
3.7
Rating:Rated 3.7 stars
Vote Here ...

Dangee Dums IPO Listing Date

Listing Date Monday, September 3, 2018
BSE Script Code
NSE Symbol DANGEE
Listing In
ISIN INE688Y01014
IPO Price ₹74 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹74.00
Open: ₹89.90
Low: ₹89.50
High: ₹94.35
Last Trade: ₹94.35

Company Contact Information

Dangee Dums Limited
4/A, Ketan Society,
Nr. Sardar Patel Colony, Naranpura,
Ahmedabad - 380 014, Gujarat, India
Phone: 079-27681878
Email: cs@dangeedums.com
Website: http://www.dangeedums.com/

Dangee Dums IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Dangee Dums IPO Reviews / Ratings

Dangee Dums IPO FAQs

Dangee Dums IPO is a SME IPO of 2,712,000 equity shares of the face value of ₹10 aggregating up to ₹20.07 Crores. The issue is priced at ₹74 per equity share. The minimum order quantity is 1600 Shares.

The IPO opens on Aug 20, 2018, and closes on Aug 24, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Dangee Dums IPO opens on Aug 20, 2018 and closes on Aug 24, 2018.

Dangee Dums IPO lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

You can apply in Dangee Dums IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Dangee Dums IPO will be done on Aug 29, 2018, and the allotted shares will be credited to your demat account by Aug 31, 2018. Check the Dangee Dums IPO allotment status.

The Dangee Dums IPO listing date is on Monday, September 3, 2018.

Dangee Dums IPO Message Board

Ranked Members  Ranked Members

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330 Comments

181. Small Investor |Sep 17, 2018 5:59:02 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
tomorrow this stock out of T+T Segment

now intra day will applicable
180. VIE |Sep 6, 2018 3:44:43 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
DANGEE DUMS AND SUPREME LISTING MAKE MANY PEOPLE WRONG.
ABHI TO MONDAY TO MARSHAL KI BARI HAI.USME DEKHTE HE KYA HOTA HE.

MANY BULLISH ON LANGNAM WERE TURN MILDLY BEARISH AFTER SEEING THE SUBSCRIPTION DATA.

180.2. VIE |Sep 10, 2018 11:03:45 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
@ small investor
just enjoy the ride.
jab niche aane lage to bech dena.

LOL
180.3. Small Investor |Sep 11, 2018 12:39:38 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
@ VIE
Kiska lot bechu dangee dum mere pass nhi h
i have PFTL,Sumit
179. JCG |Sep 6, 2018 12:00:00 PM
dangee dum ipo mein first day 27.50% ka circuit kaise laga.i am just taking about circuit limit.baki sme ipo mein 5% ki circuit par kyu band hue like innovator.
179.1. VIE |Sep 6, 2018 1:10:55 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
After price discovery in pre open session indicative equilibrium price is decided. there is no circuit limit in pre open session. IEP is 89.90 on listing and 5% circuit limit was breached on that day at 94.35. For 10 working days of listing sme stock was in trade to trade basis with 5 percent circuit limit. Then it will come out of it with 20 percent circuit limit.
179.2. Small Investor |Sep 6, 2018 2:06:36 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
pre open m issue hone k bad 5% lower / Uper circit m jata h stock but issue price se low / up listing % fix nhi rhta h
178. sahil broker |Aug 31, 2018 12:01:37 AM
2/9
178.2. RAJAKUMAR |Sep 5, 2018 12:21:34 PM
IPO Guru IPO Guru (1400+ Posts, 1100+ Likes)
Dear Sahil
I told you to hold one lot for two or three days. Today 103 if you hold means you can sell now or tomorrow.
178.3. RAJAKUMAR |Sep 5, 2018 12:25:18 PM
IPO Guru IPO Guru (1400+ Posts, 1100+ Likes)
Because it subscribed heavily in hni quota in recent times. I got only one lot so i booked profit at 94.35. If i got two lot means i certainly hold one lot for two or three days.
177. RAJAKUMAR |Sep 3, 2018 11:36:33 AM
IPO Guru IPO Guru (1400+ Posts, 1100+ Likes)
Dear IPOANALYSIS,
I sold at 94.35
177.6. SMELOVER |Sep 4, 2018 6:18:31 PM
Rajkumar,

aapko nahi lagta ki many sme are migrated later to main exchange which infact cause more liquidity

sahi wale pehchano . if you get to right ones many can give much higher return

aditya vision, suyog tele, meera industries,universal auto ,bella casa and aur bhi bahut saare hai . jin logon ne pehle din bech diya they are crying

toh depend karta hai.

177.7. Addy A |Sep 5, 2018 8:54:48 AM
@ Rajkumar....
Sold allotted 1 lot and exit yesterday.
176. GrowYourMoney |Sep 5, 2018 12:59:58 AM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Dangee Dums
Shown
Dangee ka Dum

It seem most of the IPO allotment sold back...
Interesting to see further move
175. SMELOVER |Sep 4, 2018 3:58:09 PM
sell now. will go down tomorrow
174. sahil broker |Sep 4, 2018 8:36:20 AM
dear ipo analysis I sold 2 lots 89.90
173. Carn Mohan |Sep 3, 2018 11:41:41 AM
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Sir anybody can give us 4,5 good brokers name who are trading in SME shares.
173.1. Small Investor |Sep 3, 2018 2:24:01 PM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Mavrick Share Broker Pvt Ltd,jaipur
is the best in my knowledge
173.2. AnkurGoel |Sep 3, 2018 11:56:02 PM
Zerodha. It allows in all smes IPOs which listed recently.
172. VIE |Sep 3, 2018 11:45:59 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
BULK DEAL TODAY
Dangee Dums Limited       AVNISH JAYENDRABHAI SHAH       BUY       56,000       89.90       -
Dangee Dums Limited       PATEL CHHABILDAS UDAYKUMAR       BUY       59,200       93.07       -
Dangee Dums Limited       SHAAN LEISURE LIMITED        BUY       60,800       93.17       -
Dangee Dums Limited       SUKETU SAUMILLAL SHAH        BUY       99,200       93.75       -
Dangee Dums Limited       SWAPNIL MEHTA        BUY       80,000       94.34       -

PROMOTER
Mr. Nikul Jagdishchandra Patel, Mrs. Foram Nikul Patel and
Mr. Ravi Hemantkumar Patel Father Name: Mr. Hemantkumar Chhabildas Patel
171. Carn Mohan |Sep 3, 2018 7:56:15 PM
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Karvy stock broking Ltd ,SME shares trading very poor his mobile app not showing Dangee dum .
170. Carn Mohan |Sep 3, 2018 6:22:08 PM
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
It will cross Rs 150/ shortly.
169. VIE |Sep 3, 2018 12:08:17 AM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
@ sme ankit
I think it will list anywhere between 85-87.
169.5. SME Ankit IPO |Sep 3, 2018 10:31:30 AM
kab sale kre isko....???
169.6. VIE |Sep 3, 2018 11:25:45 AM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
@ not less than 105.thats my view. Final call is yours as it depends on individuals risk reward factor.
168. RAJAKUMAR |Sep 3, 2018 10:46:34 AM
IPO Guru IPO Guru (1400+ Posts, 1100+ Likes)
Discover Price 89.90
167. P M |Sep 3, 2018 10:04:26 AM
IPO Guru IPO Guru (1100+ Posts, 1100+ Likes)
LIVE PRE-OPEN PRICE

https://www.nseindia.com/live_market/dynaContent/live_analysis/sml/smlOrderBook.jsp?param=DANGEESTG&symbol=DANGEE
167.2. Sanskarjain |Sep 3, 2018 10:31:32 AM
Its in ST category
167.3. SJ |Sep 3, 2018 10:33:57 AM
IPO Guru IPO Guru (1200+ Posts, 2900+ Likes)
@ Sanskar Jain

Thanks a Lot for your quick reply.
Now it shows.
166. RAJAKUMAR |Sep 2, 2018 2:06:06 AM
IPO Guru IPO Guru (1400+ Posts, 1100+ Likes)
Dangee and Sumit both the LM is not good. LM is only concern for good listing gain. Lets wait and see.
166.1. TSG |Sep 2, 2018 2:52:06 PM
@rajakumar sir u have applied sumit?
166.2. RAJAKUMAR |Sep 3, 2018 1:02:07 AM
IPO Guru IPO Guru (1400+ Posts, 1100+ Likes)
No sir.
I miss the train. Those who applied will get list gain 3 to 5%.
165. Dhiraj Tewani |Sep 3, 2018 12:05:34 AM
Preopen listing can be Rs 90
164. SME Ankit IPO |Sep 2, 2018 12:46:01 PM
kitna gain expected h minimum and max?!?
163. SMELOVER |Sep 1, 2018 12:31:02 AM
listing wale din bech dena . may open around 85.

jo subah bech denge woh sahi rahenge . yaad rakhna sell on opening rates
162. VIE |Sep 1, 2018 12:12:33 AM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
CO. WILL LIST ON 03.09.2018
BEST OF LUCK TO ALL ALLOTEE