Dreamfolks ipo share price

DreamFolks Services is the second initial public offering to be launched in August, especially after revival in the secondary market sentiment. Syrma SGS Technology closed its public issue last week. The benchmark indices rallied more than 18 percent from June lows, though there was some correction in the last two days. Here are 10 key things to know before subscribing public issue: 1. IPO Dates The maiden public offer will open for subscription on August 24 and the closing date will be August 26. The anchor book, if any, which is a part of qualified institutional buyers, will open for a day on August 23. 2. Price band The company has fixed a price band at Rs 308 and Rs 326 per share for the offer. 3. IPO Size DreamFolks has launched an initial public offering of more than 1.72 crore equity shares which is completely an offer for sale by promoters, and will constitute 33 percent of the post offer paid-up equity. Mukesh Yadav and Dinesh Nagpal are going to offload 65.31 lakh equity shares each, while 41.79 lakh shares will be sold by Liberatha Peter Kallat. At upper price band, the issue will fetch the company Rs 562.1 crore. Also read - Radhakishan Damani to be at the helm of Rakesh Jhunjhunwala Trust 4. Objectives of Issue As it is an offer for sale issue, the company will not receive any money through IPO. All the funds, excluding issue expenses, will go to selling shareholders. Hence, the object of the offer is just to carry out the offer for sale with the benefits of l...

Dreamfolks Services IPO date is fixed yet, the IPO is to open on August 24 and will close on August 26, 2022. Dreamfolks Services IPO to raise around ₹562 crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to 17,242,368 equity shares of ₹2 each. The retail quota is 10%, QIB is 75%, and HNI is 15%. DreamFolks Services Limited is India’s largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging our proprietary technology solutions. The company offers Airport services such as Lounges, Food & Beverage, Spa, Meet & Assist, Airport Transfer, Transit Hotels /Nap Room Access, Baggage Transfer, and other services. The DreamFolks clients list includes names such as Diners/Discover, Mastercard, RuPay, Visa, Axis Bank, HDFC Bank, ICICI Bank, SBI Card, Kotak Mahindra Bank, AirAsia, Club Mahindra, EaseMyTrip, Go First, Hettich, IndiGo, Intermiles, VI and more. 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. They are one of the dominant players in the India Airport lounge aggregation industry. They have a marquee clients list including Global and Indian clients. DreamFolks App is a Proprietary technology platform that ensures scalability to their clients. You can check Objects of the Issue: • N/A Dreamfolks Services IPO Date & Price Band Dreamfolks Services IPO Open: Au...

• • • • Dreamfolks Services makes a strong debut, lists 56% higher from issue price Dreamfolks Services makes a strong debut, lists 56% higher from issue price DreamFolks Services IPO Shares: Dreamfolks Services stock made a strong debut, listing at Rs 508.70 apiece, 56 per cent higher from its issue price on the NSE. DreamFolks Services IPO Share Debut: Shares of airport service aggregator platform Dreamfolks Services made a strong debut on Tuesday, getting listed at a premium of over 56 per cent from their issue price on the stock exchanges. The stock got listed at Rs 508.70 apiece on the National Stock Exchange (NSE), thereby registering a gain of 56.04 per cent from its offer price of Rs 326.00, while on the BSE, it opened at Rs 505.00, up 54.91 per cent from the issue price. However, after an initial rally in the first few minutes of listing, the Dreamfolks Services stock lost its steam and dipped from its listing level. During the first 30 minutes of trade, the shares hit a high of Rs 550.00 on the BSE and Rs 549.00 on the NSE and a low of Rs 461.00 on both the bourses. At 10:30 am, the scrip was trading at Rs 476.55 on the BSE, up 46.18 per cent from the issue price while on NSE it was at Rs 476.70, up 46.23 per cent. The market capitalisation stood at Rs 2,489.97 crore, data from the BSE showed. Around 1.49 crore shares of Dreamfolks Services were traded so far on NSE while over 10.18 lakh shares have exchanged hands on the BSE, data from the respective stock excha...

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...

DreamFolks Services IPO (initial public offering) is likely to hit secondary market on Tuesday this week as the most likely DreamFolks IPO listing date is 6th September 2022. Indian bourses are expected to issue notice in this regard on Monday. However, grey market has remained bullish on DreamFolks Services shares. According to market observers, shares of DreamFolks Services are available at a premium of ₹110, which is quite praiseworthy as the stock has remained above ₹100 levels after breaching the three figure mark last week. DreamFolks IPO GMP today market observers said that ₹110 that means the scrip has remained above ₹100 apiece after hitting the three digit mark last week. They said that the stock has remained in high demand in the grey market, which means negative market sentiments in last two sessions have failed to dent the prospect of DreamFolks shares in grey market. They said that such a strong performance of DreamFolks shares in grey market reflects that the stock may have a strong listing on 6th September on BSE and NSE. What this DreamFolks IPO GMP means? Market observers said that DreamFolks IPO GMP today is ₹110 per equity share that means grey market is expecting that DreamFolks IPO listing would be around ₹436 ( ₹326 + ₹110), which is around 34 per cent higher from its price band of ₹308 to ₹326 per equity share. They said that grey market is signaling that DreamFolks IPO listing may deliver around 30 per cent listing gain to its allottees on 6th Sept...

"Dreamfolks Services' business model looks attractive, but the issue appears to be priced on the higher side with an asking price-to-earnings (ratio) of 104 times its earnings," Abhay Doshi, Co-Founder of Unlisted Arena — a portal that tracks grey markets and deals in unlisted securities — told CNBCTV18.com.

The Rs 562 crore initial public offering (IPO) of DreamFolks Services, the airport service aggregator platform, is all set to hit the primary markets on Wednesday, August 24. Here are key things you should know about the issue. • When will DreamFolks Services' IPO will open for subscription on Wednesday, August 24. • When will DreamFolks Services IPO close for subscription? The IPO of DreamFolks Services will close for subscription on Friday, August 26. • What is the price band for DreamFolks Services IPO? The price band for DreamFolks Services IPO has been fixed at Rs 308-326 per share. • What is the issue size of DreamFolks Services IPO? The IPO is entirely an offer for sale (OFS) of up to 1,72,42,368 equity shares with a face value of Rs 2 each. At the upper range of the price band, the company will raise Rs 562.10 crore via an initial stake sale. • Who are the investors participating in the offer for sale of DreamFolks Services IPO? Dinesh Nagpal and Mukesh Yadav will sell 65,31,200 shares each whereas Liberatha Peter Kallat will offload 41,79,968 equity shares from their stake. All three are the promoters of the company. • What DreamFolks Services will do with the net proceeds from IPO? The book build issue is a 100 per cent offer for sale (OFS) in nature which means Dreamfolks IPO proceeds will go to the pocket of promoters. The public issue will constitute 33 per cent of the post-offer paid-up equity share capital of the company. • What is the lot size for DreamFolk...

• 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...

Dreamfolks Services Ltd. is a leading airport service aggregator platform in India. The company is now all set to launch its initial public offering (IPO) and has fixed the price band at Rs. 308-326 per equity share. The IPO will open on August 24, 2022, and close on August 26, 2022. The anchor investor auction will be held on the day of the IPO launch. Table of Contents • • • • • About Dreamfolks Services and what do they offer? Dreamfolks is a dominant player in the airport service aggregator platform in India. The company has a unique, asset light, capital-efficient business model which has helped it become the largest player in the industry. Dreamfolks provides services to all the major card networks operating in India, including Visa, Mastercard and RuPay. Additionally, it also has agreements with many of India’s prominent card issuers, such as ICICI Bank Limited, Axis Bank Limited and Kotak Mahindra Bank Limited. You can also check DreamFolks Services IPO Details Here are the details of DreamFolks Services Limited IPO Issue Open Date August 24, 2022 Issue Close Date August 26, 2022 Issue Type Book BuiltIssue IPO Size ₹ 5600 Cr Fresh Issue ₹ 5600 Cr Price Band ₹308 to ₹326Per Equity Share Listing Exchanges BSE and NSE Dreamfolks Services IPO Fundamentals As of 31-Mar-20, Dreamfolks Services Limited had total assets of 137.76 Cr, total revenue of 367.81Cr and a networth of 65.51Cr. As of 31-Mar-21, the company’s total assets stood at 122.5 Cr, total revenue was 108.11C...

• 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...