A lightweight, portable and detachable dispenser for reeled products such as tape, wrapping paper, aluminum foils and likes is disclosed. The dispenser includes a base portion that engages with inner circumference of a roll of the reeled product, and a top portion that is operatively coupled with the base portion and attaches to outer circumference of the roll, and includes a cutting means. The dispenser is made of a single wire, and allows dispensing of the reeled product in two different modes. In a first mode the reeled product is cut from top side and free end of the reeled product rests on a raised fourth portion of the top portion. In a second mode the reeled product is cut from bottom side and free end rests on a raised third portion of the top portion. Thus, the disclosed dispenser allows universal application and improves efficiency of dispensing.