Dangee Dums Limited IPO Message Board (Page 9)

21. Abhishek Shahi | Link | Bookmark | August 20, 2018 11:44:14 AM

Subscribed ... haha

20. Abhishek Shahi | Link | Bookmark | August 20, 2018 10:52:17 AM

Issue almost subscribed .... dum dum dum

19. Carn Mohan | Link | Bookmark | August 20, 2018 8:53:02 AM

IPO Mentor (1100+ Posts, 400+ Likes)

I think fair value Rs 33/

18. ~~IPOANALYSIS~~ | Link | Bookmark | August 19, 2018 2:02:00 PM

25 rs is the fair value of stock. Shame on monarch to come with such issue price despite its recent monarch Issue salebhai cancelled . Hope this one follows the same

17. andro | Link | Bookmark | August 18, 2018 7:02:01 PM

zero governance.
issued shares to promoters last year and used that money to give ICDs to group companies!!just to show positive networth!

also objects show spending approx. 5 crs on buying one of the outlets owned by promoter!

16. VIE | Link | Bookmark | August 17, 2018 10:39:50 PM (500+ Posts, 500+ Likes)

VALUATION OF THE DANGEE DUMS IS AS BELOW:-
PARTICULARS=========POST ISSUE=====PRE ISSUE
EPS========================1.51=====2.05
NAV=======================30.81=====15.30
RONW======================4.89=====13.39
DE=========================1.02=====2.78
EBIDTA MARGIN==============28.87====28.87
PAT MARGIN=================4.23=====4.23
PE========================49.01=====36.10
P/BV =======================2.40=====4.84
MC/SALES==================2.08=====1.53
EV/EBITA===================0.45x=====8.54x

16.1. VIE | Link | Bookmark | August 17, 2018 10:41:39 PM (500+ Posts, 500+ Likes)

READ EV EBITA AS BELOW
EV/EBITA==========10.45x======8.54x

15. Ficpl | Link | Bookmark | August 17, 2018 1:53:41 PM

Top Contributor (200+ Posts, 500+ Likes)

28 to 30 Rs is the valuation as per my view. Top line growth is good but very low margin business due to so many expenses in income statement.

14. DownriteVJ | Link | Bookmark | August 17, 2018 11:38:06 AM

IPO Guru (1400+ Posts, 1200+ Likes)

Company is good but the price they are asking for is too high. This needs to be avoided.

13. andro | Link | Bookmark | August 17, 2018 11:03:36 AM

not sure how good this company is:
A. it has recently started showing profits
B. lot of related party transactions.
C. very expensive at 50x earnings

any views?

12. SJ | Link | Bookmark | August 14, 2018 4:30:04 PM

IPO Guru (1300+ Posts, 3200+ 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)

12.1. ~~IPOANALYSIS~~ | Link | Bookmark | August 14, 2018 5:39:01 PM

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

12.2. SJ | Link | Bookmark | August 15, 2018 2:59:46 PM

IPO Guru (1300+ Posts, 3200+ 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.

12.3. VIE | Link | Bookmark | August 15, 2018 8:45:23 PM (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.

12.4. SJ | Link | Bookmark | August 15, 2018 11:40:35 PM

IPO Guru (1300+ Posts, 3200+ 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

12.5. VIE | Link | Bookmark | August 16, 2018 1:40:35 PM (500+ Posts, 500+ Likes)

@sj
Ok thanks for ur reply

12.6. Small Investor | Link | Bookmark | September 6, 2018 1:11:18 PM

IPO Guru (2000+ Posts, 1000+ Likes)

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

12.7. Adityasingh | Link | Bookmark | September 12, 2018 2:06:37 PM

Do you have to say anything now ?

11. uday patel | Link | Bookmark | August 16, 2018 11:23:04 AM

They have many successful branches in Ahmedabad, they are good at Cakes.
They are planning for new branches in New Cities.

10. ~~IPOANALYSIS~~ | Link | Bookmark | August 15, 2018 12:18:26 AM

most of reviews in site is not good. They being such small company asking for the rate of bluechip company.
better buy jubiliant foodworks which has pan india presence and a known name all over india ,

Today i went to this outlet of Dangee Dums to buy cup cakes. The cup cakes were extremely expensive. They were highly priced with no noticeable value. I inquired about the flavors and the type of chocolate used but the person in-charge didn't have much idea about the product. I still bought them to try for once. The cupcakes were not fresh and also they didn't taste so great. We were highly disappointed with the quality and taste after paying a fairly good amount of money.

The cakes are average. If you order cake of the week, you will feel that the base is not fresh. The cakes are not up to the mark. I don't buy cakes from here after I visited once.

9. Abhishek Shahi | Link | Bookmark | August 14, 2018 6:03:07 PM

Over priced...No from my side

8. ~~IPOANALYSIS~~ | Link | Bookmark | August 14, 2018 1:46:38 PM

Waise bhi all recent issues which are.listed are downut does not make sense to apply in any new sme. This one is issues at at 50 pe. Many issues in secondary market like cmm infra etc are available at single digit pe. Looks like lead manager have gone mad and still coming with high price. Fair value is 30 rs.

8.1. master strock | Link | Bookmark | August 14, 2018 1:49:53 PM

Yes, Your valuation of RS.30/- is realistic. I appreciate your analysis.

7. master strock | Link | Bookmark | August 14, 2018 1:26:37 PM

The company has issued a small portion of equity @ Rs.74/- .Majority of shares are issued @Rs.10/- Weighted average price of issued capital is RS.26.52 and now they are asking price of RS.74.00 per share, which is exorbitant. There is no harm in avoiding this issue.

6. Logical Investor | Link | Bookmark | August 14, 2018 11:02:58 AM

Some how calculations are not adding up. Company making some profit in last 2 years out of 5 previous years and asking for way more debt that its returning capacity. Not so sure if I should invest in this company. Will wait for better option.

5. Carn Mohan | Link | Bookmark | August 14, 2018 9:50:05 AM

IPO Mentor (1100+ Posts, 400+ Likes)

Company is good but sme market very poor now.

4. Zero | Link | Bookmark | August 13, 2018 10:45:19 PM

Good Brand name it's own business
Good future planning
Good sme ipo
Fully subscribe

4.1. Addy A | Link | Bookmark | August 14, 2018 7:58:36 AM

Zero bhai....aaisa na ho jaye baad me share price zero pe aa jaye....
Can you plz tell what kind of future planning u observed good....
Anyways...this is your first comment on group,....so forum members understand meaning of first comment in favour of any sme ipo without justification means.....

3. Shammy | Link | Bookmark | August 13, 2018 9:09:40 PM

Checked the Zomato reviews... not a good rating 2 stars only. We should avoid this.

2. ~~IPOANALYSIS~~ | Link | Bookmark | August 13, 2018 8:56:14 PM

Such greedy pricing. 50 P/e. Clear avoid. Despite pathetic response on all new sme lead manager have not learned
Recently monarch issue salebhai has been cancelled due to non subscription . I an sorry to say that no use to apply in any new sme IPO. Once everyone will not apply lm will learn and have to bring price lower. Wait for panthomath good issues which is only reliable lead manager but apply only good ones. Others just don't apply any of them to teach such greedy lead manager a lesson