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
Issue Open	Aug 20, 2018 - Aug 24, 2018
Issue Type	Fixed Price Issue IPO
Issue Size	2,712,000 Eq Shares of Rs 10 (aggregating up to Rs 20.07 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 74 Per Equity Share
Market Lot	1600 Shares
Min Order Quantity	1600 Shares
Listing At	NSE SME

Dangee Dums IPO Tentative Date / Timetable
Bid/Offer Opens On	Aug 20, 2018
Bid/Offer Closes On	Aug 24, 2018
Finalisation of Basis of Allotment	Aug 29, 2018
Initiation of Refunds	Aug 30, 2018
Credit of Shares to Demat Acct:	Aug 31, 2018
IPO Shares Listing Date:	Sep 3, 2018

Dangee Dums IPO Subscription Status (Live)

Dangee Dums IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	NII	RII	Total
Shares Offered	1,288,000	1,288,000	2,576,000
Aug 24, 2018 18:25	104.01x	23.85x	63.98x

Dangee Dums IPO Prospectus

› Draft Prospectus
› Red Herring Prospectus

Dangee Dums IPO Rating

134

3.7

Rating:

Vote Here ...

Dangee Dums IPO Listing Date

› Listing Date: Monday, September 3, 2018
› BSE Script Code:
› NSE Symbol: DANGEE
› Listing In:
› ISIN: INE688Y01014
› Issue Price: Rs 74 Per Equity Share
› Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:

	NSE SME
Issue Price:	Rs 74.00
Open:	Rs 89.90
Low:	Rs 89.50
High:	Rs 94.35
Last Trade:	Rs 94.35
Volume:	1,611,200

Dangee Dums IPO Reviews / Ratings

Dilip Davda - Other

Company Contact Information

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

Dangee Dums IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Dangee Dums IPO Lead Manager(s)

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Dangee Dums IPO Review / Comments

181. Small Investor Sep 17, 2018 16:59

Top Contributor (400+ Posts, 100+ Likes)

tomorrow this stock out of T+T Segment

now intra day will applicable

180. SJ Aug 14, 2018 16:30

IPO Mentor (700+ Posts, 1600+ Likes)

It's a LALA type company.Stay away from this IPO.Dangee dum mei nahi hai DUM.Loss making company.
Earlier Amreli-Gujarat based similar type company came with sme ipo - SHEETAL Cool products.DD wants to take advantage of its listing.

Load more comments (5 replies)

180.1. IPOANALYSIS Aug 14, 2018 17:39

This one will fail. Also monarch suffered loss last due to salebhai issue. It want to recover with public Ka free Ka paisa.

180.2. SJ Aug 15, 2018 14:59

1 |

IPO Mentor (700+ Posts, 1600+ Likes)

I too visited panjrapole branch at the time of furnishing and inaugurating when I was working as a sales executive of finance.At that time they even dont know the ABCD of stock market.They were never punctual of time.The promotor was the icecream maker/dealer/trader/supplier for the local brand ( dairy dens another DD and vimal icecream another patel ) and changed many business.

Usually I dont visit SME page but this time I want to share my experience with DD.

180.3. VIE Aug 15, 2018 20:45

IPO Mentor (500+ Posts, 500+ Likes)

@SJ
Ur comments are worthy as u work with this company earlier.
I want one clarification whether it is using erp software for its inventory mgt is true or false.

180.4. SJ Aug 15, 2018 23:40

2 |

IPO Mentor (700+ Posts, 1600+ Likes)

@ VIE

I was working in share khan.I used to visit DD for investment purpose - Mutual Fund , Insurance , Demat and trading account opening , FDs.I was given call from tellecaller staff and I was given the task to finish the call i.e to explain them all financial products and ask them to invest.My ultimate responsibility was to meet the target as it was target driven job.DD executives never met me on time and I was wasting my hard earned money in petrol.

Even share khan was also fraud.There is one multi-baggar stock ahmedabad based 'Rushil Decor'.I personally met the promotor 'Mr. Vipul Vora' and convinced him for investment.He handed over a cheque of 50 lakh to my boss in front of me but still I didn't received any incentive and finally left the job.That was my very bitter experience and the reason behind that was share khan was supposed to be taken over by angel broking or geogit.Finally geogit succeed in deal.So management doesn't want to spent money behind staff and was engaged in cost-cutting.

Regarding erp I know only one thing.erp means enterprise resourse planning.

The promotor used to supply sacarin ( artificial sweetner ) and gulkand flavour to vimal icecream.At the same time he took the contract of fountain machine from dairy dens for icecream cone.
Thanks

180.5. VIE Aug 16, 2018 13:40

1 |

IPO Mentor (500+ Posts, 500+ Likes)

@sj
Ok thanks for ur reply

180.6. Small Investor Sep 6, 2018 13:11

3 |

Top Contributor (400+ Posts, 100+ Likes)

@SJ
Dangee dum now 108 aapki wrong thought thi dangee dum k bare m ab aapko is forum se sanyas le lena chahiy

180.7. Adityasingh Sep 12, 2018 14:06

1 |

Do you have to say anything now ?

179. VIE Sep 6, 2018 14:44

1 |

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.

Load more comments (1 replies)

179.2. VIE Sep 10, 2018 22:03

1 |

IPO Mentor (500+ Posts, 500+ Likes)

@ small investor
just enjoy the ride.
jab niche aane lage to bech dena.

LOL

179.3. Small Investor Sep 11, 2018 11:39

Top Contributor (400+ Posts, 100+ Likes)

@ VIE
Kiska lot bechu dangee dum mere pass nhi h
i have PFTL,Sumit

178. JCG Sep 6, 2018 11:00

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.

178.1. VIE Sep 6, 2018 12:10

1 |

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.

178.2. Small Investor Sep 6, 2018 13:06

1 |

Top Contributor (400+ Posts, 100+ 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

177. sahil broker Aug 30, 2018 23:01

2/9

Load more comments (1 replies)

177.2. RAJAKUMAR Sep 5, 2018 11:21

IPO Mentor (800+ Posts, 500+ 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.

177.3. RAJAKUMAR Sep 5, 2018 11:25

IPO Mentor (800+ Posts, 500+ 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.

176. RAJAKUMAR Sep 3, 2018 10:36

IPO Mentor (800+ Posts, 500+ Likes)

Dear IPOANALYSIS,
I sold at 94.35

Load more comments (5 replies)

176.6. SMELOVER Sep 4, 2018 17:18

1 |

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.

176.7. Addy A Sep 5, 2018 07:54

@ Rajkumar....
Sold allotted 1 lot and exit yesterday.

175. GrowYourMoney Sep 4, 2018 23:59

1 |

Dangee Dums
Shown
Dangee ka Dum

It seem most of the IPO allotment sold back...
Interesting to see further move

174. SMELOVER Sep 4, 2018 14:58

sell now. will go down tomorrow

173. sahil broker Sep 4, 2018 07:36

dear ipo analysis I sold 2 lots 89.90

172. Carn Mohan Sep 3, 2018 10:41

IPO Mentor (600+ Posts, 200+ Likes)

Sir anybody can give us 4,5 good brokers name who are trading in SME shares.

172.1. Small Investor Sep 3, 2018 13:24

Top Contributor (400+ Posts, 100+ Likes)

Mavrick Share Broker Pvt Ltd,jaipur
is the best in my knowledge

172.2. AnkurGoel Sep 3, 2018 22:56

IPO Mentor (900+ Posts, 800+ Likes)

Zerodha. It allows in all smes IPOs which listed recently.

171. VIE Sep 3, 2018 22:45

2 |

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

170. Carn Mohan Sep 3, 2018 18:56

IPO Mentor (600+ Posts, 200+ Likes)

Karvy stock broking Ltd ,SME shares trading very poor his mobile app not showing Dangee dum .

169. Carn Mohan Sep 3, 2018 17:22

IPO Mentor (600+ Posts, 200+ Likes)

It will cross ₹ 150/ shortly.

168. VIE Sep 2, 2018 23:08

5 |

IPO Mentor (500+ Posts, 500+ Likes)

@ sme ankit
I think it will list anywhere between 85-87.

Load more comments (4 replies)

168.5. SME Ankit IPO Sep 3, 2018 09:31

kab sale kre isko....???

168.6. VIE Sep 3, 2018 10:25

1 |

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.

167. RAJAKUMAR Sep 3, 2018 09:46

IPO Mentor (800+ Posts, 500+ Likes)

Discover Price 89.90

166. P M Sep 3, 2018 09:04

1 |

IPO Guru (1100+ Posts, 1000+ Likes)

LIVE PRE-OPEN PRICE

https://www.nseindia.com/live_market/dynaContent/live_analysis/sml/smlOrderBook.jsp?param=DANGEESTG&symbol=DANGEE

Load more comments (1 replies)

166.2. Sanskarjain Sep 3, 2018 09:31

1 |

Its in ST category

166.3. SJ Sep 3, 2018 09:33

IPO Mentor (700+ Posts, 1600+ Likes)

@ Sanskar Jain

Thanks a Lot for your quick reply.
Now it shows.

165. RAJAKUMAR Sep 2, 2018 01:06

IPO Mentor (800+ Posts, 500+ Likes)

Dangee and Sumit both the LM is not good. LM is only concern for good listing gain. Lets wait and see.

165.1. TSG Sep 2, 2018 13:52

@rajakumar sir u have applied sumit?

165.2. RAJAKUMAR Sep 3, 2018 00:02

IPO Mentor (800+ Posts, 500+ Likes)

No sir.
I miss the train. Those who applied will get list gain 3 to 5%.

164. Dhiraj Tewani Sep 2, 2018 23:05

Preopen listing can be Rs 90

163. SME Ankit IPO Sep 2, 2018 11:46

kitna gain expected h minimum and max?!?

162. SMELOVER Aug 31, 2018 23:31

2 |

listing wale din bech dena . may open around 85.

jo subah bech denge woh sahi rahenge . yaad rakhna sell on opening rates

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Dangee Dums Limited IPO (Dangee Dums IPO) Detail

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Company Promoters:

Company Financials:

Objects of the Issue:

Dangee Dums IPO Subscription Status (Live)

Dangee Dums IPO Prospectus

Dangee Dums IPO Rating

Dangee Dums IPO Listing Date

Listing Day Trading Information

Dangee Dums IPO Reviews / Ratings

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