Dangee Dums IPO: GMP, Price, Dates, Issue Size 

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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 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

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 
Agarwal Float Glass IPO: GMP, Price, Size & Dates

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) 

  1. Monarch Networth Capital Ltd (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

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