Dreamfolks Services Ltd

Dreamfolks Services Ltd

Mainboard

₹14,996 / 46 Shares

Offer Date:Aug 24, 2022 - Aug 26, 2022
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Dreamfolks Services Ltd IPO Details

The Dreamfolks Services Ltd IPO price band is set between ₹308-326 per equity share, with a face value of ₹2 per share. The issue is managed by Link Intime India Private Limited, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 24 Aug, 2022 and closes on 26 Aug, 2022. Investors can check the allotment status on 1 Sep, 2022, while the listing date is tentatively scheduled for 6 Sep, 2022.

The total issue size is 17,242,368 shares of ₹2, aggregating up to ₹562.1 Crores. Stay tuned for the latest Dreamfolks Services Ltd IPO review and GMP updates.

Dreamfolks Services Ltd IPO Review, Rating & Analysis

Dreamfolks Services Ltd IPO Review

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Dreamfolks Services Ltd IPO Rating

Dreamfolks Services Ltd IPO Highlights

IPO Date

Aug 24, 2022 - Aug 26, 2022

Listing Date

6 Sep, 2022

Face Value

₹2 Per Equity Share

Price Band

₹308-326 per equity share

Lot Size

-

Fresh Issue

Shares

Offer for Sale

-

Listing At

BSE, NSE

Dreamfolks Services Ltd IPO Lot Size

The minimum market lot for Dreamfolks Services Ltd IPO is 46 shares with an application amount of ₹14,996. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)146₹14,996
Retail (Max)13598₹1,94,948
S-HNI (Min)14644₹2,09,944
S-HNI (Max)663036₹9,89,736
B-HNI (Min)673082₹10,04,732

Dreamfolks Services Ltd IPO Timeline

IPO Open Date
24 Aug, 2022
IPO Close Date
26 Aug, 2022
Basis of Allotment
1 Sep, 2022
Listing Date
6 Sep, 2022

Issue Price

₹308-326 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Limited

Lead Manager

Equirus Capital Private Limited, Motilal Oswal Investment Advisors Limited

Issue Size

17,242,368 shares of ₹2(aggregating up to ₹562.1 Crores) OFS

Dreamfolks Services Ltd IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 22168.68283.9916.25---
31 Mar 21122.5108.11-1.45---
31 Mar 20137.76367.8131.68---

All values are in ₹ Cr.

Promoters & Share Holding

Promoter(s) Name

  • Liberatha Peter Kallat
  • Dinesh Nagpal
  • Mukesh Yadav
Share Holding Pre IssueShare Holding Post Issue
100%67%

About Company

Dreamfolks Services Limited is India's largest airport service aggregator platform. The company offers services such as Lounge Access, Doorstep Baggage transfer, Food and Beverage offerings, Spa Services, Meet and Assist, Airport transfer services (pick up and drop), and Transit Hotels / Nap Room Access.

Dreamfolks Services has tie-up with around 57 restaurants and Food & Beverage outlets at 18 airports across India, as of March 31, 2022. The company also offers airport 'pick-up and drop' facilities in 47 cities across India and in 145 cities outside India, as of March 31, 2022.

The company started its lounge access services for the Consumers of Mastercard in 2013 and currently, provides services to all the Card Networks operating in India, including Visa, Mastercard, Diners/Discover and RuPay, and many of India's prominent Card Issuers including ICICI Bank Limited, Axis Bank Limited, Kotak Mahindra Bank Limited, HDFC Bank Limited (in respect of debit card lounge program) and SBI Cards and Payment Services Limited.

Dreamfolks Services has an asset-light business model that integrates global card networks operating in India, credit card and debit card issuers and other corporate clients in India, including airline companies with various airport lounge operators and other airport-related service providers on a unified technology platform.

Further, as of March 31, 2022, through the partnerships with other service providers, the company has a global footprint extending to 1,416 Touch-points in 121 countries across the world out of which, 244 Touch-points are present in India and 1,172 Touch-points overseas.

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Dreamfolks Services Ltd IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved5,172,711
2,586,355

1,724,2369,483,302
Day 1 -24-08-22 05:00 PM
0.25 x
1.39

7.93 x1.96 x
Day 2 -25-08-22 05:00 PM
0.60 x
8.40

19.10 x6.09 x
Day 3 -26-08-22 05:00 PM
70.53 x
37.66

43.66 x56.68 x
Total No. of Applications:1454531 (Approx)
Retail Subscription:

38.81 times

Company Contact Details

Dreamfolks Services Ltd

Phone: -

Email: -

Website: -

Registrar Contact Details

-

Phone: -

Email: -

Website: -

Frequently Asked Questions about Dreamfolks Services Ltd IPO

When will Dreamfolks Services Ltd IPO open for subscription?

The Dreamfolks Services Ltd IPO opens on 24 Aug, 2022 and closes on 26 Aug, 2022.

What is the investors portion for Dreamfolks Services Ltd IPO?

The investors' portion for QIB is 70.53 x, NII is 37.66, and Retail is 43.66 x.

How to apply for Dreamfolks Services Ltd IPO?

You can apply for Dreamfolks Services Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Dreamfolks Services Ltd IPO?

The issue size of Dreamfolks Services Ltd IPO is approx ₹17,242,368 shares of ₹2(aggregating up to ₹562.1 Crores) OFS crores.

What is the price band of Dreamfolks Services Ltd IPO?

The price band for Dreamfolks Services Ltd IPO is ₹308 to ₹326 per equity share.

What is the lot size of Dreamfolks Services Ltd IPO?

The minimum bid (lot size) for Dreamfolks Services Ltd IPO is N/A shares with an investment of approx ₹14,996 .

What is the allotment date of Dreamfolks Services Ltd IPO?

The allotment date for Dreamfolks Services Ltd IPO is 1 Sep, 2022.

What is the listing date of Dreamfolks Services Ltd IPO?

The listing date for Dreamfolks Services Ltd IPO is expected to be 6 Sep, 2022.

What is the GMP of Dreamfolks Services Ltd IPO?

The latest Grey Market Premium (GMP) for Dreamfolks Services Ltd IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Dreamfolks Services Ltd IPO Date, Review, Price, Allotment Details, GMP | IPOROCK