Dangee Dums Limited IPO (Dangee Dums IPO) Detail

Dangee Dums Limited IPO

Dangee Dums Limited IPO (Dangee Dums IPO) Detail

ABOUT THE COMPANY:

Dangee Dums Limited was originally incorporated as ―Aromen Hospitality Private Limited on August 13, 2010 under the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. The name of the company was thereafter changed to ―Dangee Dums Private Limited on June 30, 2017. The Company was subsequently converted in to a public company and consequently name was changed to ―Dangee Dums Limited (DDL) vide fresh certificate of incorporation dated August 24, 2017 issued by Registrar of Companies, Ahmedabad, Gujarat.

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

The other products are Artisan Breads, Candies, Cookies, Khari Toast, Thick shakes, Softies, Savouries, and beverages.

Dangee Dums Limited was awarded as the “best dessert place in Ahmedabad” in Times Food Award on February 12, 2012.

Dangee Dums Limited 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.

COMPANY POSITIVES:

  • Widening our distribution network
  • Enhancing our brand image
  • Developing the new product line
  • Customer satisfaction
  • Leveraging our marketing skills and initiatives
  • Improving functional efficiency

Dangee Dums Limited Promoters:

The promoters of the company are

(1)Mr. Nikul Jagdishchandra Patel,

(2)Mrs. Foram Nikul Patel, and

(3)Mr. Ravi Hemantkumar Pate

Company Financials:

Amount (in INR & Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 4367.2 2716.7 1552.9 845.4 309.2
Total Revenue 3657.8 1996.1 1153.1 598.3 295.3
Total Expense 3555.3 1961.0 1687.0 898.0 424.6
Profit After Tax 154.7 90.5 -513.1 -288.0 -127.5

 

Objects of the Issue:

1. Repayment of Existing Secured Loans
2. Purchase of Fixed Assets
3. General Corporate Expense
4. Issue Expenses

Dangee Dums Limited IPO DETAILS:

(1)Issue Open: Aug 20, 2018 – Aug 24, 2018
(2)  Issue Type: Fixed Price Issue IPO
(3)  Issue Size: 2,712,000 Equity Shares of Rs 10 aggregating up to Rs 20.07 Cr
(4) Face Value: Rs 10 Per Equity Share
(5)  Issue Price: Rs 74 Per Equity Share
(6)  Market Lot: 1600 Shares
(7)  Minimum Order Quantity: 1600 Shares
(8)  Listing At: NSE SME

Company Contact Information:

Dangee Dums Limited
4/A, Ketan Society,
Nr. Sardar Patel Colony, Naranpura,
Ahmedabad – 380 014, Gujarat, India
Phone: 079-27681878
Fax:
Email: cs@dangeedums.com
Website: http://www.dangeedums.com/

Dangee Dums Limited IPO Registrar:

Bigshare Services Pvt. Ltd
Bigshare Services Pvt Ltd E-2 & 3,
Ansa Industrial Estate, Saki-Vihar Road,
Sakinaka, Andheri(E), Mumbai – 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.co

Dangee Dums IPO Lead Manager(s):

SEBI Registration No.: INM000011013

MONARCH NETWORTH CAPITAL LIMITED
901/902, 9th Floor, Atlanta Centre,Sonawala Lane,
Opp. Udyog Bhavan,
Goregaon East, Mumbai – 400 063

Website:  http://www.mnclgroup.com
Email:  mbd @mnclgroup.com
Phone: (+91) 22 – 30641823
Fax: (+91) 22 – 30641823

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