Dangee Dums Limited IPO

Dangee Dums Limited

Issue Open

Aug 20, 2018

Price Band

₹ 74

Issue Size

₹ 20.07 Cr

Credit of Shares to Demat


Issue Close

Aug 24, 2018

Bid Lot


Listing Exchange


Cut off time for UPI Mandate Confirmation


Issue Type

Fixed Price Issue IPO

Minimum Order Quantity


Allotment Details


Face Value

Rs 10 Per Equity Share

Listing On

Sep 03, 2018



About the company:

Dangee Dums is currently active in the segments of Cakes, Desserts, Cookies and Ice Creams among others. It has 25000 square foot centrally air-conditioned manufacturing facility in Ahmedabad to serve its customers. As in 2017-2018 it as expanded up to 87 outlets across Gujarat.

Date of Incorporation: Dangee Dums was initially incorporated as ‘Aromen Hospitality Private Limited’ under the provisions of Companies Act 1956 with the Registrar of Companies. Subsequently, the company was into the public limited company and received a fresh certificate of incorporation on 24th August 2017 issued by Registrar of Companies, Ahmedabad, Gujarat.

Promoters of Dangee Dums Limited: Mr Nikul Jagdishchandra Patel, Mrs Forum Nikul Patel and Mr Ravi Hemantkumar Patel are the promoters of Dangee Dums Limited.

Products and Services Offering: Dangee Dums Limited has a varied products offering across Confectionery items, Bakery products and Ice Creams that includes:

  • - Cakes and Pastries

  • - Designer Cakes

  • - Chocolates

  • - Cupcakes and Ice Creams

  • - Candies

  • - Softies

  • - Savouries

  • - Artisans Breads

  • - Khari Toast

  • - Thick Shakes

  • - Cookies

Customer Segments: Dangee Dums Limited mainly serves the local customers across the cities of Ahmedabad, Surat, Vadodara, Anand and Gandhinagar in the State of Gujarat through several stores establishment.

The Objects of Dangee Dums Limited IPO: The main Objectives of Dangee Dums Limited IPO are:

  • - Repayment of Existing Secured Loans.

  • - Purchase of Fixed Assets.

  • - General Corporate Expense.

  • - Issue Expenses.

Company Financials:

Summary of financial Information (Restated Standalone)


For the year/period ended (in Rs. Lakhs)

3 -Mar-18

3 -Mar-17

3 -Mar-16

3 -Mar-15

3 -Mar-14

Total Assets

4 367.23

2 716.77

1 552.91

8 5.43

3 9.28

Total Revenue

3 657.86

1 996.12

1 153.12

5 8.39

2 5.34

Profit After Tax

1 4.77

9 .52

- 13.16

- 88.03



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