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 Size	2,712,000 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 63.98x times on Aug 24, 2018 18:25. The public issue subscribed 23.85x in the retail category, in the QIB category, and 104.01x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
NII	104.01x
RII	23.85x
Total	63.98x

Dangee Dums IPO Prospectus

› Dangee Dums IPO DRHP
› Dangee Dums IPO RHP

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
IPO Price	₹74 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

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

Dangee Dums IPO Reviews / Ratings

Dilip Davda - Apply at your own risk

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
   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

Dangee Dums IPO Lead Manager(s)

Monarch Networth Capital Ltd

Lead Manager Reports

Dangee Dums IPO FAQs

What is Dangee Dums IPO?

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.
When Dangee Dums IPO will open?

The Dangee Dums IPO opens on Aug 20, 2018 and closes on Aug 24, 2018.
What is the lot size of Dangee Dums IPO?

Dangee Dums IPO lot size is 1600 Shares and the minimum order quantity is 1600 Shares.
How to apply for Dangee Dums IPO?

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.
When Dangee Dums IPO allotment?

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.
When is Dangee Dums IPO listing date?

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

Dangee Dums IPO Message Board

Ranked Members

181. Small Investor |Sep 17, 2018 16:59

IPO Guru (1400+ Posts, 700+ Likes)

tomorrow this stock out of T+T Segment

now intra day will applicable

180. VIE |Sep 6, 2018 14:44

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)

180.2. VIE |Sep 10, 2018 22:03

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 11:39

IPO Guru (1400+ Posts, 700+ Likes)

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

179. 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.

179.1. VIE |Sep 6, 2018 12:10

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 13:06

IPO Guru (1400+ Posts, 700+ 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 30, 2018 23:01

2/9

Load more comments (1 replies)

178.2. RAJAKUMAR |Sep 5, 2018 11:21

IPO Guru (1400+ Posts, 1000+ 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 11:25

IPO Guru (1400+ Posts, 1000+ 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 10:36

IPO Guru (1400+ Posts, 1000+ Likes)

Dear IPOANALYSIS,
I sold at 94.35

Load more comments (5 replies)

177.6. SMELOVER |Sep 4, 2018 17:18

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 07:54

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

176. GrowYourMoney |Sep 4, 2018 23:59

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 14:58

sell now. will go down tomorrow

174. sahil broker |Sep 4, 2018 07:36

dear ipo analysis I sold 2 lots 89.90

173. Carn Mohan |Sep 3, 2018 10:41

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 13:24

IPO Guru (1400+ Posts, 700+ Likes)

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

173.2. AnkurGoel |Sep 3, 2018 22:56

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

172. VIE |Sep 3, 2018 22:45

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 18:56

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 17:22

IPO Mentor (700+ Posts, 200+ Likes)

It will cross Rs 150/ shortly.

169. VIE |Sep 2, 2018 23:08

IPO Mentor (500+ Posts, 500+ Likes)

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

Load more comments (4 replies)

169.5. SME Ankit IPO |Sep 3, 2018 09:31

kab sale kre isko....???

169.6. VIE |Sep 3, 2018 10:25

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 09:46

IPO Guru (1400+ Posts, 1000+ Likes)

Discover Price 89.90

167. P M |Sep 3, 2018 09:04

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

Load more comments (1 replies)

167.2. Sanskarjain |Sep 3, 2018 09:31

Its in ST category

167.3. SJ |Sep 3, 2018 09:33

IPO Guru (1000+ Posts, 2300+ Likes)

@ Sanskar Jain

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

166. RAJAKUMAR |Sep 2, 2018 01:06

IPO Guru (1400+ Posts, 1000+ 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 13:52

@rajakumar sir u have applied sumit?

166.2. RAJAKUMAR |Sep 3, 2018 00:02

IPO Guru (1400+ Posts, 1000+ Likes)

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

165. Dhiraj Tewani |Sep 2, 2018 23:05

Preopen listing can be Rs 90

164. SME Ankit IPO |Sep 2, 2018 11:46

kitna gain expected h minimum and max?!?

163. SMELOVER |Aug 31, 2018 23:31

listing wale din bech dena . may open around 85.

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

162. VIE |Aug 31, 2018 23:12

IPO Mentor (500+ Posts, 500+ Likes)

CO. WILL LIST ON 03.09.2018
BEST OF LUCK TO ALL ALLOTEE

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