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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

Issue OpenAug 20, 2018 - Aug 24, 2018
Issue TypeFixed Price Issue IPO
Issue Size2,712,000 Eq Shares of Rs 10
(aggregating up to Rs 20.07 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 74 Per Equity Share
Market Lot1600 Shares
Min Order Quantity1600 Shares
Listing AtNSE SME

Dangee Dums IPO Tentative Date / Timetable

Bid/Offer Opens OnAug 20, 2018
Bid/Offer Closes OnAug 24, 2018
Finalisation of Basis of AllotmentAug 29, 2018
Initiation of RefundsAug 30, 2018
Credit of Shares to Demat Acct:Aug 31, 2018
IPO Shares Listing Date:Sep 3, 2018

Dangee Dums IPO Subscription Status (Bidding Detail)

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

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
  •   ›  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

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   »  Report
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

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

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Dangee Dums IPO Review / Comments

avatar
181. Small Investor  Sep 17, 2018 16:59 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
tomorrow this stock out of T+T Segment

now intra day will applicable
avatar
180. VIE  Sep 6, 2018 14:44 I Like It. 1 | Report Abuse
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.

avatar
180.2. VIE  Sep 10, 2018 22:03 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
@ small investor
just enjoy the ride.
jab niche aane lage to bech dena.

LOL
avatar
180.3. Small Investor  Sep 11, 2018 11:39 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
@ VIE
Kiska lot bechu dangee dum mere pass nhi h
i have PFTL,Sumit
avatar
179. JCG  Sep 6, 2018 11:00 I Like It. | Report Abuse
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.
avatar
179.1. VIE  Sep 6, 2018 12:10 I Like It. 1 | Report Abuse
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.
avatar
179.2. Small Investor  Sep 6, 2018 13:06 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ 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
avatar
178. sahil broker  Aug 30, 2018 23:01 I Like It. | Report Abuse
2/9
avatar
178.2. RAJAKUMAR  Sep 5, 2018 11:21 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ 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.
avatar
178.3. RAJAKUMAR  Sep 5, 2018 11:25 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ 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.
avatar
177. RAJAKUMAR  Sep 3, 2018 10:36 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 500+ Likes)
Dear IPOANALYSIS,
I sold at 94.35
avatar
177.6. SMELOVER  Sep 4, 2018 17:18 I Like It. 1 | Report Abuse
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.

avatar
177.7. Addy A  Sep 5, 2018 07:54 I Like It. | Report Abuse
@ Rajkumar....
Sold allotted 1 lot and exit yesterday.
avatar
176. GrowYourMoney  Sep 4, 2018 23:59 I Like It. 1 | Report Abuse
Dangee Dums
Shown
Dangee ka Dum

It seem most of the IPO allotment sold back...
Interesting to see further move
avatar
175. SMELOVER  Sep 4, 2018 14:58 I Like It. | Report Abuse
sell now. will go down tomorrow
avatar
174. sahil broker  Sep 4, 2018 07:36 I Like It. | Report Abuse
dear ipo analysis I sold 2 lots 89.90
avatar
173. Carn Mohan  Sep 3, 2018 10:41 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Sir anybody can give us 4,5 good brokers name who are trading in SME shares.
avatar
173.1. Small Investor  Sep 3, 2018 13:24 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Mavrick Share Broker Pvt Ltd,jaipur
is the best in my knowledge
avatar
173.2. AnkurGoel  Sep 3, 2018 22:56 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 800+ Likes)
Zerodha. It allows in all smes IPOs which listed recently.
avatar
172. VIE  Sep 3, 2018 22:45 I Like It. 2 | Report Abuse
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
avatar
171. Carn Mohan  Sep 3, 2018 18:56 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Karvy stock broking Ltd ,SME shares trading very poor his mobile app not showing Dangee dum .
avatar
170. Carn Mohan  Sep 3, 2018 17:22 I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
It will cross ₹ 150/ shortly.
avatar
169. VIE  Sep 2, 2018 23:08 I Like It. 5 | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
@ sme ankit
I think it will list anywhere between 85-87.
avatar
169.5. SME Ankit IPO  Sep 3, 2018 09:31 I Like It. | Report Abuse
kab sale kre isko....???
avatar
169.6. VIE  Sep 3, 2018 10:25 I Like It. 1 | Report Abuse
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.
avatar
168. RAJAKUMAR  Sep 3, 2018 09:46 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 500+ Likes)
Discover Price 89.90
avatar
167. P M  Sep 3, 2018 09:04 I Like It. 1 | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
avatar
167.2. Sanskarjain  Sep 3, 2018 09:31 I Like It. 1 | Report Abuse
Its in ST category
avatar
167.3. SJ  Sep 3, 2018 09:33 I Like It. | Report Abuse
IPO Mentor IPO Mentor (700+ Posts, 1600+ Likes)
@ Sanskar Jain

Thanks a Lot for your quick reply.
Now it shows.
avatar
166. RAJAKUMAR  Sep 2, 2018 01:06 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 500+ Likes)
Dangee and Sumit both the LM is not good. LM is only concern for good listing gain. Lets wait and see.
avatar
166.1. TSG  Sep 2, 2018 13:52 I Like It. | Report Abuse
@rajakumar sir u have applied sumit?
avatar
166.2. RAJAKUMAR  Sep 3, 2018 00:02 I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 500+ Likes)
No sir.
I miss the train. Those who applied will get list gain 3 to 5%.
avatar
165. Dhiraj Tewani  Sep 2, 2018 23:05 I Like It. | Report Abuse
Preopen listing can be Rs 90
avatar
164. SME Ankit IPO  Sep 2, 2018 11:46 I Like It. | Report Abuse
kitna gain expected h minimum and max?!?
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163. SMELOVER  Aug 31, 2018 23:31 I Like It. 2 | Report Abuse
listing wale din bech dena . may open around 85.

jo subah bech denge woh sahi rahenge . yaad rakhna sell on opening rates
avatar
162. VIE  Aug 31, 2018 23:12 I Like It. 2 | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
CO. WILL LIST ON 03.09.2018
BEST OF LUCK TO ALL ALLOTEE



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