The Dangee Dums date has been confirmed from August 20, 2018 and ended on August 24, 2018. Read the post to learn about Dangee Dums IPO GMP.
Dangee Dums Developers IPO is a fixed price issue of Rs 20.07 crores. The price is ₹74 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹118,400.
Start your investing journey today. Find the latest information on Upcoming IPOs.
Key Details Of Dangee Dums IPO:
Bidding Dates
August 20-24
Price Range
₹74 per share
Face Value
₹10 per share
GMP
₹11.35
Dangee Dums IPO GMP
The Dangee Dums IPO GMP Today is ₹11.35.
Dangee Dums IPO Overview
Dangee Dums IPO is a fixed-price offering of Rs 20.07 crore. Dangee Dums’ IPO bidding began on August 20, 2018 and finished on August 24, 2018. The allotment for the Dangee Dums IPO was finalised on Wednesday, August 29, 2018. The shares were listed on the NSE SME on September 3, 2018. Dangee Dums’ IPO price is ₹74 per share. The minimum lot size for an application is 1600 shares. The minimum investment for retail investors is ₹118,400.
Strengths of the Company
- Widespread footprint across Gujarat with 81 stores
- Sales growth of 60% CAGR on a YoY basis
- Established brand in Gujarat
Dangee Dums IPO Details
| IPO Date | August 20, 2018 to August 24, 2018 |
| Listing Date | September 3, 2018 |
| Face Value | ₹10 per share |
| Price | ₹74 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 2,712,000 shares (aggregating up to ₹20.07 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 136,000 shares |
Dangee Dums Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
| Total Assets | 4,367.23 | 2,716.77 | 1,552.91 | 845.43 | 309.28 | |
| Total Revenue | 3,657.86 | 1,996.12 | 1,153.12 | 598.39 | 295.34 | |
| Profit After Tax | 154.77 | 90.52 | (513.16) | (288.03) | (127.59) | |
Dangee Dums IPO Timeline
| IPO Open Date | Monday, August 20, 2018 |
| IPO Close Date | Friday, August 24, 2018 |
| Basis of Allotment | Wednesday, August 29, 2018 |
| Initiation of Refunds | Thursday, August 30, 2018 |
| Credit of Shares to Demat | Friday, August 31, 2018 |
| Listing Date | Monday, September 3, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 24, 2018 |
Company Profile
Dangee Dums Limited, located in Ahmedabad, was established in 2010. The firm specializes in cakes, chocolates, and sweets. Dangee Dums has introduced ice cream, which has garnered a lot of great feedback from customers. Other offerings include artisan breads, sweets, pastries, khari toast, thick shakes, soft drinks, savory nibbles, and beverages. The company’s production facility in Ahmedabad measures 25000 square feet. It operates 87 locations in Gujarat, including 46 in Ahmedabad, 23 in Surat, 12 in Vadadora, and 3 in Gandhinagar and Surat. On February twelve,
The Times Food Awards recognized Dangee Dums as the “best dessert place in Ahmedabad” in 2012. The company’s payroll contains 254 permanent employees. The firm makes the following products:
- Cakes and Pastries
- Designer Cake
- Chocolates
- Cupcakes and Ice creams
- Other Bakery Products
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Dangee Dums Limited |
| Phone number | 079-27681878 |
| Email ID | [email protected] |
| Website | dangeedums.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Dangee Dums IPO FAQs
When Dangee Dums IPO will open?
The Dangee Dums IPO opens on August 20, 2018 and closes on August 24, 2018.
What is the lot size of Dangee Dums IPO?
Dangee Dums IPO lot size is 1600 Shares, and the minimum amount required is ₹118,400.
When is Dangee Dums IPO allotment?
The finalization of Basis of Allotment for Dangee Dums IPO will be done on Wednesday, August 29, 2018, and the allotted shares will be credited to your demat account by Friday, August 31, 2018.
When is Dangee Dums IPO listing date?
The Dangee Dums IPO listing date is on September 3, 2018.
Leave a Reply