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Dangee Dums Limited IPO (Dangee Dums IPO) Detail

August 20, 2018 - August 24, 2018

Dangee Dums IPO is a fixed price issue of Rs 20.07 crores.

Dangee Dums IPO bidding started from August 20, 2018 and ended on August 24, 2018. The allotment for Dangee Dums IPO was finalized on Wednesday, August 29, 2018. The shares got listed on NSE SME on September 3, 2018.

Dangee Dums IPO price is ₹74 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹118,400.

Monarch Networth Capital Ltd is the book running lead manager of the Dangee Dums IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Dangee Dums IPO RHP for detailed information.

Dangee Dums IPO Details

IPO Date August 20, 2018 to August 24, 2018
Listing Date September 3, 2018
Face Value ₹10 per share
Price ₹74 per share
Lot Size 1600 Shares
Total Issue Size2,712,000 shares
(aggregating up to ₹20.07 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion136,000 shares

Dangee Dums IPO Reservation

Dangee Dums IPO offers 2,712,000 shares. 1,288,000 (47.49%) to NII, 1,288,000 (47.49%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered136,000 (5.01%)
Other Shares Offered1,288,000 (47.49%)
Retail Shares Offered1,288,000 (47.49%)
Total Shares Offered2,712,000 (100%)

Dangee Dums IPO Timeline (Tentative Schedule)

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

IPO Open Date Monday, August 20, 2018
IPO Close Date Friday, August 24, 2018
Basis of Allotment Wednesday, August 29, 2018
Initiation of Refunds Thursday, August 30, 2018
Credit of Shares to Demat Friday, August 31, 2018
Listing Date Monday, September 3, 2018
Cut-off time for UPI mandate confirmation 5 PM on August 24, 2018

Dangee Dums IPO Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 1600 ₹118,400
Retail (Max) 1 1600 ₹118,400
Lot Size Calculator

About Dangee Dums Limited

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 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)
Total Assets 2,716.49
Total Revenue 1996.12
Profit After Tax 90.50

Objects of the Issue (Dangee Dums IPO Objectives)

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 Review (May apply)

[Dilip Davda]  

Company’s top line has shown gradual increase with bottom line too marking some improvement. Thanks to hefty premiums kitty that is saving it from negative book value. Based on its spread across Gujarat and the product basket, outlook appears fairly promising.  But being fully priced issue, risk savvy investors may consider investment at their own risk.

Read detail review...

Dangee Dums IPO Subscription Status (Bidding Detail)

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

CategorySubscription (times)

Dangee Dums IPO Prospectus

Dangee Dums IPO Rating

Rating:Rated 3.7 stars
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Dangee Dums IPO Listing Details

Listing Date September 3, 2018
BSE Script Code
ISIN INE688Y01014
Final Issue Price ₹74 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Dangee Dums Limited Contact Details

Dangee Dums Limited
4/A, Ketan Society,
Nr. Sardar Patel Colony, Naranpura,
Ahmedabad - 380 014, Gujarat, India
Phone: 079-27681878

Dangee Dums IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Dangee Dums IPO - Buy or Not

Dangee Dums IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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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 share. The minimum order quantity is 1600 Shares.

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

Dangee Dums IPO lot size is 1600 Shares, and the minimum amount required is ₹118,400.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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

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

Ranked Members of Forum  Ranked Members | Most Liked Members



181. Small Investor |   Link |September 17, 2018 5:59:02 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
tomorrow this stock out of T+T Segment

now intra day will applicable
180. VIE |   Link |September 6, 2018 3:44:43 PM (500+ Posts, 500+ Likes)


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

180.3. Small Investor |   Link |September 11, 2018 12:39:38 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
Kiska lot bechu dangee dum mere pass nhi h
i have PFTL,Sumit
179. JCG |   Link |September 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 |   Link |September 6, 2018 1:10:55 PM (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 |   Link |September 6, 2018 2:06:36 PM
IPO Guru IPO Guru (1800+ Posts, 900+ 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 |   Link |August 31, 2018 12:01:37 AM
178.2. RAJAKUMAR |   Link |September 5, 2018 12:21:34 PM (1400+ Posts, 1200+ 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 |   Link |September 5, 2018 12:25:18 PM (1400+ Posts, 1200+ 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 |   Link |September 3, 2018 11:36:33 AM (1400+ Posts, 1200+ Likes)
I sold at 94.35
177.6. SMELOVER |   Link |September 4, 2018 6:18:31 PM

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 |   Link |September 5, 2018 8:54:48 AM
@ Rajkumar....
Sold allotted 1 lot and exit yesterday.
176. GrowYourMoney |   Link |September 5, 2018 12:59:58 AM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
Dangee Dums
Dangee ka Dum

It seem most of the IPO allotment sold back...
Interesting to see further move
175. SMELOVER |   Link |September 4, 2018 3:58:09 PM
sell now. will go down tomorrow
174. sahil broker |   Link |September 4, 2018 8:36:20 AM
dear ipo analysis I sold 2 lots 89.90
173. Carn Mohan |   Link |September 3, 2018 11:41:41 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Sir anybody can give us 4,5 good brokers name who are trading in SME shares.
173.1. Small Investor |   Link |September 3, 2018 2:24:01 PM
IPO Guru IPO Guru (1800+ Posts, 900+ Likes)
Mavrick Share Broker Pvt Ltd,jaipur
is the best in my knowledge
173.2. AnkurGoel |   Link |September 3, 2018 11:56:02 PM
Zerodha. It allows in all smes IPOs which listed recently.
172. VIE |   Link |September 3, 2018 11:45:59 PM (500+ Posts, 500+ Likes)
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       -

Mr. Nikul Jagdishchandra Patel, Mrs. Foram Nikul Patel and
Mr. Ravi Hemantkumar Patel Father Name: Mr. Hemantkumar Chhabildas Patel
171. Carn Mohan |   Link |September 3, 2018 7:56:15 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Karvy stock broking Ltd ,SME shares trading very poor his mobile app not showing Dangee dum .
170. Carn Mohan |   Link |September 3, 2018 6:22:08 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
It will cross Rs 150/ shortly.
169. VIE |   Link |September 3, 2018 12:08:17 AM (500+ Posts, 500+ Likes)
@ sme ankit
I think it will list anywhere between 85-87.
169.5. SME Ankit IPO |   Link |September 3, 2018 10:31:30 AM
kab sale kre isko....???
169.6. VIE |   Link |September 3, 2018 11:25:45 AM (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 |   Link |September 3, 2018 10:46:34 AM (1400+ Posts, 1200+ Likes)
Discover Price 89.90
167. P M |   Link |September 3, 2018 10:04:26 AM (1100+ Posts, 1100+ Likes)
167.2. Sanskarjain |   Link |September 3, 2018 10:31:32 AM
Its in ST category
167.3. SJ |   Link |September 3, 2018 10:33:57 AM
IPO Guru IPO Guru (1300+ Posts, 3200+ Likes)
@ Sanskar Jain

Thanks a Lot for your quick reply.
Now it shows.
166. RAJAKUMAR |   Link |September 2, 2018 2:06:06 AM (1400+ Posts, 1200+ 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 |   Link |September 2, 2018 2:52:06 PM
@rajakumar sir u have applied sumit?
166.2. RAJAKUMAR |   Link |September 3, 2018 1:02:07 AM (1400+ Posts, 1200+ Likes)
No sir.
I miss the train. Those who applied will get list gain 3 to 5%.
165. Dhiraj Tewani |   Link |September 3, 2018 12:05:34 AM
Preopen listing can be Rs 90
164. SME Ankit IPO |   Link |September 2, 2018 12:46:01 PM
kitna gain expected h minimum and max?!?
163. SMELOVER |   Link |September 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 |   Link |September 1, 2018 12:12:33 AM (500+ Posts, 500+ Likes)
CO. WILL LIST ON 03.09.2018