Dangee Dums Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,288,000 (47%) | — | ₹953 Cr |
| Retail | — | 1,288,000 (47%) | — | ₹953 Cr |
| Market Maker | — | 136,000 (5%) | — | ₹10 Cr |
| Σ Total | — | 2,712,000 (100%) | — | ₹20,069 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹118,400 |
| Retail (Max) | 13 | 20,800 | ₹1,539,200 |
| S-HNI (Min) | 14 | 22,400 | ₹1,657,600 |
| B-HNI (Min) | 67 | 107,200 | ₹7,932,800 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 3,658 | 1,996 | 1,153 |
| Profit After Tax | 155 | 91 | 513 |
| Total Assets | 4,367 | 2,717 | 1,553 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Repayment of Existing Secured Loans – 11.00
- 2 Purchase of Fixed Assets – 4.77
- 3 General Corporate Expenses – 3.80
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, Savouries, 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 Vadadora, 3 each in Gandhinagar and Surat.
Dangee Dums was awarded as the "best dessert place in Ahmedabad" in Times Food Award on February 12, 2012.
The company has 254 permanent employees on its payroll.
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