Dangee Dums Limited IPO

Add to Calendar 2018-08-20 12:00 AM 2018-08-24 12:00 AM Asia/Kolkata Dangee Dums Limited IPO Dangee Dums Limited India

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)

Particulars

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

-127.59


Issue Detail

  • Issue Open: Aug 20, 2018
  • Issue Close: Aug 24, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 74 Per Equity Share
  • Bid Lot:1600 Shares
  • Minimum Order Quantity:1600 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 20.07 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved - 1,288,000 1,288,000 - - 2,576,000
Day 1 - Aug 20, 2018IST - 3.34x 0.64x - - 1.99x
Day 2 - Aug 21, 2018IST - 4.87x 1.77x - - 3.32x
Day 3 - Aug 23, 2018IST - 5.33x 5.05x - - 5.19x
Day 4 - Aug 24, 2018IST - 104.01x 23.48x - - 63.80x

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 74.00
Open - Rs 89.90
Low - Rs 89.50
High - Rs 94.35
Last Trade - Rs 94.35
Volume - 16,11,200

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Frequently Asked Questions

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