Dream folks ipo

Dreamfolks Services DreamFolks Services IPO: Subscription Status The quota for retail investors (RIIs) was subscribed 43.66 times, the category for non-institutional investors 37.66 times and the portion for qualified institutional buyers (QIBs) 70.53 times. The IPO got fully subscribed within hours of opening on Wednesday ending the day with 1.96 times subscription. The issue, entirely an offer for sale, is sized at Rs 562 crore at the upper end of the price band of Rs 308-326 a share. Dreamfolks Services IPO Share Allotment: How to Check Status As mentioned above, those who have applied for the public issue are advised to check their share allotment status online by logging in at the BSE website or at Link Intime’s official website. For convenience, they can log in at the direct BSE link — bseindia.com/investors/appli_check.aspx or at the direct Link Intime web link — linkintime.co.in/MIPO/Ipoallotment.html. How to check DreamFolks IPO allotment status online on Link Intime 1] Login at direct Link Intime web link — linkintime.co.in/MIPO/Ipoallotment.html; 2] Select DreamFolks Services IPO; 3] Enter your PAN details; and 4] Click at ‘Search’ option. Your DreamFolks Services IPO allotment status will soon become available on the computer monitor or on the Smartphone screen. How to check DreamFolks Services IPO allotment status on BSE 1] Login at the direct BSE link — bseindia.com/investors/appli_check.aspx; 2] Select DreamFolks Services IPO; 3] Enter DreamFolks Services IP...

Airport service aggregator platform DreamFolks Services listed with a strong 56 percent gains on September 6, which was better than analysts' expectations and grey market premium of 30-40 percent. The stock opened at Rs 505 on the BSE, against issue price of Rs 326, and the opening tick on the NSE was Rs 508.70. Healthy initial public offering (IPO) subscription, positive market conditions, leadership in airport lounge aggregation industry, and asset light business model boosted investor confidence. The Rs 562-crore IPO had received strong response from investors, getting subscribed 56.68 times during August 24-26. It was entirely an offer for sale by shareholders. The price band for the offer was Rs 308-326 per share. DreamFolks Services is a dominant player and India's largest airport service aggregator platform. The company facilitates access to airport-related services such as lounge, food & beverages, spa, pick up and drop service. Most analysts had a subscribe rating on the issue, citing significant market share and early mover advantage in the segment. "The firm enjoys a 95 percent market share and early mover advantage in the segment. It has been an asset-light business model gaining preference of air travellers. Further, it has focused on diversifying and increasing its services portfolio. Thus, we have a subscribe rating on the issue from a medium to long-term perspective," Purves S Chaudhari of Angel One said. As the air travel industry recovers sharply from...

DreamFolks Services is expected to see healthy listing gains on September 6, backed by strong IPO subscription and market leadership in the airport lounge aggregation industry supported by an asset-light and capital-efficient business model, experts have said. DreamFolks was trading at around 30-40 percent premium in the grey market on September 5 over its issue price of Rs 326 a share, experts said. The grey market is an unofficial platform for trading in IPO shares that generally gives an indication about the listing price. The initial public offering of India's largest airport service aggregator received a good response and the issues was subscribed 56.68 times between August 24 and August 26. The issue garnered bids for 53.74 crore equity shares against an offer size of 94.83 lakh shares. Qualified institutional investors took the lead, buying shares 70.53 times the allotted quota. The portion set aside for non-institutional investors was subscribed 37.66 times and retail investors put in bids 43.66 times the shares reserved for them. "Considering excellent response from QIB & HNI, we assume listing would be above Rs 420 levels, which translates to more than 29 percent premium over the upper end of the IPO price Rs 326," Prashanth Tapse, Senior VP Research at Mehta Equities said. Strong listing gains seem to be justified and sustainable, though the issue was aggressively priced as secondary market sentiments had improved, he said. The company also has the first-mov...

India's largest airport service aggregator platform DreamFolks Services will float its maiden public issue for subscription today, with a 'thumbs up' from analysts, given its market leadership and first-mover advantage in airport lounge aggregation space in India with very low competitors, asset-light business model, strong proprietary technology platform, and strong relationships with clients in card network and card issuer space. The company intends to raise up to Rs 562 crore through its public offer of more than 1.72 crore equity shares at the upper end of the price band of Rs 308-326 per share. Also read - Dreamfolks Services mops up Rs 253 crore from anchor investors ahead of IPO The public issue is entirely an offer-for-sale by promoters, hence the main objects of IPO are to gain benefits from listing the equity shares on the stock exchanges, and enhance the company's visibility and brand image. The company will not receive any money from the offer selling. In terms of valuations, the post-issue P/E (price-to-earnings) works out to 104.8x FY22 EPS at the upper band of Rs 326 per share, the analysts said. The multiple seems to be on the higher side mainly due to lower profitability in FY21 caused by pandemic-led industry wide issues. However, "DreamFolks enjoys a 95 percent market share and enjoys early-mover advantage in the segment. It has been an asset-light business model gaining the preference of air travelers. Further, DreamFolks has focused on diversifying and...

How to check the Dreamfolks IPO allotment status? When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to six days after an IPO closes. This is also true in the case of the Dreamfolks IPO. The Dreamfolks IPO’s closing date is 26 August 2022. The Dreamfolks IPO’s allotment date has been set five days later, on 1 September 2022. Here’s a step-by-step guide on how to check the Dreamfolks IPO allotment status: • Login to your Upstox account, using your six-digit PIN • After successfully logging in, click on ‘Discover’ • On the Discover page, you will find the ‘Invest in IPO’ section • Under the Invest in IPO section, you will find the ‘View all’ option • Once you click on ‘View all’, you will be directed to the ‘IPO’ tab • In the ‘IPO’ tab, click on ‘My applications’ • In ‘My applications’, under the History section, your allotment status will be mentioned About Dreamfolks IPO While taking a flight, you may have availed services such as lounge, nap rooms and food and beverages at airports in India. And it’s highly likely that these services were facilitated by Dreamfolks Services. It is India's largest airport service aggregator platform. The company facilitates services such as lounges, food and beverage, spa, meet and assist, airport transfer, transit hotels /nap room access and baggage transfer. Simply put, its revenue is driven by the number of unique times consumers avail the...

• Liberatha Peter Kallat • Dinesh Nagpal • Mukesh Yadav Services Airport lounges and transfer Website DreamFolks Services Limited is an It was 100% owned by the promoters, Liberatha Peter Kallat and Dinesh Nagpal each had 33% shareholding in the company, and the remaining 34% shareholding was held by Mukesh Yadav. Later, the company listed publicly on the Indian stock exchange on 6 September 2022, diluting 33% of the promoters’ stakes. In Oct 2022, It had 100% coverage across 54 airport lounges in India and a market share of over 95% of all India-issued card-based access to domestic lounges in India. It is present in 121 countries worldwide History [ ] The company started its operations in 2013 by facilitating lounge access services for the consumers of In July 2021, DreamFolks had a 90% market share in India and was present in 140 countries worldwide. In Aug 2022, the company opened its ₹562 crore (US$70million) and gained a premium of 55% to the issue price of ₹326 on the opening day. In the second quarter of FY23, the company recorded a profit of ₹14.78 crore (US$1.9million). The revenue from operations grew to ₹171.24 crore (US$21million) as compared to the last year. Partnerships [ ] The company has partnered with all the card networks which are operating in India including Mastercard, • In June 2021, DreamFolks partnered with • In Sep 2022, the company partnered with nine lounges at eight railway stations across the country Paharganj ( • In Dec 2022, the company stra...

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As at September 30, 2022, through our partnerships with other service providers, we have a global footprint extending to 1,483 Touch-points in 121 countries, across the world out of which, 268 touch-points are present in India and 1,215 Touch-points overseas. One of the key aspects of our business model is a strong focus on technology. Our technology platform: • Aims at ensuring that all entities on our platform i.e., Clients, Operators and Consumers, have a ‘hassle-free’ experience. • Addresses aspects such as benefits calculation and accounting, provides real time visibility of transactions to Clients and Consumers, reduces potential fraud and abuse, as well as provides the platform for Clients to run usage and spend based campaigns for their users. • Leverages our configuration-driven extendible platform with solution templates for flexibility, reliability and customization, to provide solutions for multiple access models. • Enables omni-channel access for Card Based transactions, through membership cards, and also facilitates digital access via our Client’s banking apps (called ‘in-app’), or our DreamFolks mobile Application (DreamFolks App), using our Hybrid model.

The initial public offer (IPO) of DreamFolks Services Ltd has been subscribed 56.68 times by the last day of the bidding process that is August 26, 2022. It can be known that the three-day, Rs. 562.10 crore DreamFolks IPO opened on Wednesday, August 24. Coming to the grey market premium (GMP), then know that DreamFolks Services IPO is being quoted at a premium of Rs. 103, as per market observers, according to a The shares of the company are expected to list on the stock exchanges- BSE and NSE- on September 6, 2022. Once the allotment status is finalised, subscribers will be able to check the allotment status online by visiting the official website of BSE and the registrar of the issue- Link Intime India Private Ltd. Before, we tell you the process of checking the share allotment status you can check the subscription details below: DreamFolks Services IPO: Subscription details On the first day of the bidding process, the DreamFolks Services IPO received strong response from the retail investors. The portion reserved for the retail investors got subscribed 7.93 times followed by Non Institutional Investors (NIIs) with 1.39 times and Qualified Institutional Buyers (QIBs) with 0.25 times. On day 2, the portion reserved for the retail investors got subscribed 19.10 times followed by Non Institutional Investors (NIIs) with 8.40 times and Qualified Institutional Buyers (QIBs) with 0.60 times. While on the final day, the portion reserved for the retail investors got subscribed 43....

• Liberatha Peter Kallat • Dinesh Nagpal • Mukesh Yadav Services Airport lounges and transfer Website DreamFolks Services Limited is an It was 100% owned by the promoters, Liberatha Peter Kallat and Dinesh Nagpal each had 33% shareholding in the company, and the remaining 34% shareholding was held by Mukesh Yadav. Later, the company listed publicly on the Indian stock exchange on 6 September 2022, diluting 33% of the promoters’ stakes. In Oct 2022, It had 100% coverage across 54 airport lounges in India and a market share of over 95% of all India-issued card-based access to domestic lounges in India. It is present in 121 countries worldwide History [ ] The company started its operations in 2013 by facilitating lounge access services for the consumers of In July 2021, DreamFolks had a 90% market share in India and was present in 140 countries worldwide. In Aug 2022, the company opened its ₹562 crore (US$70million) and gained a premium of 55% to the issue price of ₹326 on the opening day. In the second quarter of FY23, the company recorded a profit of ₹14.78 crore (US$1.9million). The revenue from operations grew to ₹171.24 crore (US$21million) as compared to the last year. Partnerships [ ] The company has partnered with all the card networks which are operating in India including Mastercard, • In June 2021, DreamFolks partnered with • In Sep 2022, the company partnered with nine lounges at eight railway stations across the country Paharganj ( • In Dec 2022, the company stra...