Dangee Dums Limited IPO Details

Dangee Dums Limited was established in 2010, Ahmedabad based Dangee Dums Limited is a company engaged in the business of cakes, chocolates, and desserts.

The Dangee Dums started with the business by launching cakes for a minimum price tag of Rs. 1200 for one kg cake when other cake retailers were selling at Rs. 500 to Rs. 600 per kg and they restricted themselves to sell minimum one kg cake and not the smaller variants. This led to operating losses which continued for 6-8 months. However, with an aim to promote cakes, they introduced the concept of ―designer cake in 2011, which was the first of its kind in Ahmadabad. This was a successful attempt which pushed company sales. To improve sales further the company took permission from the local government authorities to open the outlet till late at night up to 1 AM which has resulted in improved sales as people often like desserts after dinner.

Dangee Dums Limited IPO Details
Issue Open	20-08-2018
Issue Close	24-08-2018
Allotment Date	30-08-2018
Unblocked Amount	31-08-2018
Listing Date	03-09-2018
Issue Share	27,12,000 Total Equity Share 1,38,000 Reserved by Market Maker 25,74,000 Equity Share
Issue Size	₹ 20.07 Cr
IPO Price Band	₹ 74
Minimum Share Bid	1600
Minimum Investment Amount [Rs]	₹ 1,18,400
Face Value	₹ 10
Retail Allocation	50%
Listing On	NSE SME

Dangee Dums Limited IPO Gray Market Value
Latest Update	23-08-2018 : 07:00 PM
Kostak Price [As Per Market View]	-
Premium [Per Share] [As Per Market View]	-
Expected Listing Gain [Subject to Sauda]	8000 to 10000

Dangee Dums Limited IPO Financial details [in Rs, Cr]
Financial Year	Total Revenue	Total Expenses	Profit After Tax
FY-2014	2.95	4.2	-1.2
FY-2015	5.98	8.9	-2.8
FY-2016	11.53	16.87	-5.1
FY-2017	19.96	19.61	0.90
FY-2018	36.57	35.55	1.5
-	-	-	-

Dangee Dums Limited IPO Valuation Details
Earnings Per Share [EPS]	₹ 77.51
Price/Earnings [P/E] Ratio	83.98
Return on Net Worth [RoNW]	13.39 %
Net Asset Value [NAV]	₹ 15.3 Per Share

Dangee Dums Limited IPO Subscription Details
As on Date	QIB/NII	RII	Total
Shared Offred	12,87,000	12,87,000	25,74,000
Day-1 [20-08-2018]	42,96,000 [3.33]	8,30,400 [0.64]	51,26,400 [1.99]
Day-2 [21-08-2018]	62,70,400 [4.87]	22,84,800 [1.77]	85,55,200 [3.32]
Day-3 [23-08-2018]	68,65,600 [5.33]	65,16,800 [5.06]	1,33,82,400 [5.20]
Day-4 [24-08-2018]	13,40,96,000 [105]	3,04,57,600 [23.65]	16,19,72,800 [63.88]

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Dangee Dums Limited IPO Recommendations
Live IPO Team Recommendation:- Neutral

Dangee Dums Limited IPO Contact Details
Dangee Dums Limited 4/A, Ketan Society, Nr. Sardar Patel Colony, Naranpura, Ahmedabad - 380 014, Gujarat, India. Tel No: 079-27681878 , E-mail: cs@dangeedums.com Website: www.dangeedums.com

Registrar of Dangee Dums Limited IPO
BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis Makwana Road, Marol, Andheri (East), Mumbai – 400 059 Tel No.: +91 22 6263 8200 Fax No.: +91 22 6263 8299 Email: ipo@bigshareonline.com Website: www.bigshareonline.com Investor Grievance Email: investor@bigshareonline.com Contact Person: Mr. Shrinivas Dornala SEBI Registration No.: INR000001385

Lead Managers of Dangee Dums Limited IPO
MONARCH NETWORTH CAPITAL LIMITED, Address - Monarch House, Opp. Ishwar Bhuvan, Commerce Six Road, Navrangpura, Ahmedabad - 380009. Tel. No. – 079 – 6600 0754/ 2666 6754 Email: shivam.patel@mnclgroup.com Website: https://www.mnclgroup.com/  Investor Grievance Email: mbd@mnclgroup.com Contact Person: Mr. Shivam Patel SEBI Regn. No. MB/ INM000011013