Month: August 2018

 

Add-Shop Promotions Limited IPO 

Issue Analysis :

Issue opens	Aug 21, 2018
Issue Closes	Aug 30, 2018
Issue Price	Rs 26
Lot Size	4000
Issue Size	6.23 Cr
Lead Manager	FEDEX SECURITIES LIMITED
Registrar	CAMEO CORPORATE SERVICES LIMITED
Platform	BSE

Company’s Snapshot :

Incorporated in 2013, Gujarat based Add-Shop Promotions Limited is a company engaged in the business engaged in the business of marketing and distribution of ayurvedic, food supplements, agricultural products, animal feed supplement and personal care products under the brand name “Add-Shop Promotions”.

 

The company supplies products manufactured by select manufacturers under its brand to retailers and wholesalers. It procures the finished products from certified manufacturers and markets it through various intermediaries and sales agents.

 

Add-shop has tied up with Marss Herbal (India), a manufacturer of herbal and natural use products. The company supplies the manufactured products under “ADD-Shop” brand.

 

To penetrate major markets, Add-shop has entered into an agreement with various collecting and forwarding agents (C&F’s) like Panchlingeshwara Enterprises, in Karnataka., Just Need United Trading, Maharashtra, and Good Life Enterprises Telangana.

 

The Company’s total revenue as restated for the three months ended June 2018 and for the Financial year 2018, 2017 and 2016 was Rs.381.41 lakhs, Rs.1254.90 lakhs, Rs. 455.41 lakhs and Rs.192.67 lakhs, respectively.

 

The profit/loss after tax as restated for the three months ended June 2018 and Financial Year 2018, 2017 and 2016 was Rs. 16.37 lakhs, Rs. 22.96 lakhs, 14.69 lakhs, and Rs. (0.38) lakhs, respectively.

 

The company has 16 permanent employees on its payroll.

Object of the Issue:

The objects of the issue are-

1. Setting up of an herbal & ayurvedic processing unit for manufacturing of cosmetic & non-cosmetic products
2. Brand Building and Advertisement
3. Working Capital Requirements
4. General Corporate Purposes

Financial Highlights :

 

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-June-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	806.69	757.72	83.85	41.58	1.00	1.00
Total Revenue	384.41	1,254.90	455.41	192.67	—	—
Profit After Tax	16.37	22.96	14.69	(0.38)	—	—

 

Company Promoters:

The Promoter of the Company is Dineshbhai Pandya. He holds 38,81,200 Equity Shares, representing 95.17% of the subscribed and paid-up Equity Share capital of the Company.

Contact Company Information:

Add-Shop Promotions Limited

 

B-304 Imperial Height

150ft Ring Road

Rajkot, Gujarat, India

Phone: 0281-2580499

Email: investor@addshop.co

Website: http://www.addshop.co/

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Dangee Dums Limited IPO

Issue Analysis :

Issue opens	Aug 20, 2018
Issue Closes	Aug 24, 2018
Issue Price	Rs 74
Lot Size	1600
Issue Size	20.07 Cr
Lead Manager	MONARCH NETWORTH CAPITAL LIMITED
Registrar	BIGSHARE SERVICES PVT. LTD
Platform	NSE

Company’s Snapshot :

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

Object of the Issue:

The objects of the issue are-

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

Financial Highlights :

Summary of financial Information (Restated Standalone)
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)

 

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-17
Total Assets	2,716.49
Total Revenue	1996.12
Profit After Tax	90.50

 

Company Promoters:

The promoters of the company are Mr. Nikul Jagdishchandra Patel, Mrs. Foram Nikul Patel, and Mr. Ravi Hemantkumar Patel. They together hold 70,35,500 Equity Shares constituting 93.18 % of the issued and paid-up Equity Share capital of the Company.

 

Contact Company 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/

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Aaron Industries Limited IPO 

Issue Analysis :

Issue opens	Aug 20, 2018
Issue Closes	Aug 24, 2018
Issue Price	Rs 38
Lot Size	3000
Issue Size	4.78 Cr
Lead Manager	GRETEX CORPORATE SERVICES PVT LTD
Registrar	BIGSHARE SERVICES PVT. LTD
Platform	NSE

Company’s Snapshot :

Aaron Industries Limited is a company engaged in the business of manufacturing and trading of Elevator products and other elevator parts with the continuation of existing business also. Currently, the company provides

Elevator product and parts including Elevator cabins, Doors, Frem, Header, Traction Machine etc.

 

Aaron Industries also provides electronic equipment like Busbar chambers, Cable tray, Distribution boxes, Loom switch and building hardware material like Z perline and slotted channel etc.

 

The company’s total revenue increased to ` Rs 1,179.14 Lakh in 2018 from Rs 39.07 Lakh in 2014 at a CAGR of 97.67 %.

 

The EBIDTA increased to Rs 160.73 Lakh in 2018, from Rs 1.45 Lakh in 2014 at a CAGR of 156.42%.

Object of the Issue:

The Objects of the Issue are to:

1. Set up a new line of business in the expansion plan
2. Meet the working capital requirement; and
3. Meet the Public Issue Expenses

Financial Highlights :

 

Summary of financial Information (Restated)
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	692.61	255.41	220.80	106.48	38.72
Total Revenue	1,179.14	480.31	331.89	237.81	39.07
Profit After Tax	107.03	4.94	3.86	3.66	0.84

 

Company Promoters:

The Promoters of the Company are:-

1. Mr. Amar Chinubhai Doshi
2. Mr. Karan Amar Doshi
3. Mr. Monish Amarbhai Doshi
4. Ms. Radhika Amar Doshi
5. Ms. Toral Karan Doshi
6. Ms. Bhoomi Monish Doshi

 

Contact Company Information:

Aaron Industries Limited

 

B-65 & 66,

Jawahar Road No. 4, Udhyog Nagar

Udhana, Surat-394210, Gujarat

Phone: +91-02612278410

Email: info1@aaronindustries.net

Website: http://www.aaronindustries.net/

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