Dangee Dums IPO is all set to make its debut on 20th Aug 18 with 20.07 Cr is a company engaged in the business of cakes, chocolates, and desserts.
Dangee Dums IPO – overview
| IPO Dates | 20-24 Aug 18 |
| IPO Price | INR 74 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 2,712,000 shares (INR 20.07 crore) |
| Minimum bid (lot size) | 1600 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Dangee Dums IPO – Tentative Dates
| IPO Offer Opening Date | 20 Aug 2018 |
| IPO Closing Date | 24 Aug 2018 |
| Finalization of Basis of Allotment | 29 Aug 2018 |
| Initiation of refunds | 30 Aug 2018 |
| Transfer of shares to demat accounts | 31 Aug 2018 |
| IPO Listing Date | 3 Sept 2018 |
Company Overview
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, Savories, 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 Vadodara, 3 each in Gandhinagar and Surat.
Dangee Dums was awarded as the “best dessert place in Ahmedabad” in the Times Food Award on February 12, 2012.
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
Objects of the Issue
- Repayment of Existing Secured Loans.
- Purchase of Fixed Assets.
- General Corporate Expense.
- Issue Expenses.
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 4,367.23 | 2,716.77 | 1,552.91 |
| Total Revenue | 3,657.86 | 1,996.12 | 1,153.12 |
| Profit After Tax | 154.77 | 90.52 | 513.16 |
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
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Dangee Dums IPO Lead Manager(s)
- Monarch Networth Capital Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
