DreamFolks Services IPO : Started operations in 2013, Dreamfolks Services claimed to be India’s largest airport service aggregator platform facilitating an enhanced airport experience to the passengers.
List of Topic Covered
Key Features of DreamFolks Services IPO
- DreamFolks Services IPO will open on August 24, 2022
- You can apply in this IPO from August 24, 2022 to August 26, 2022.
- Issue Price band of the company is ₹308 to ₹326 per equity share.
- DreamFolks Services IPO comprises only an offer for sale (OFS) of approx 17,242,368 (Worth ₹562.10 Crores) equity shares.
- It has a minimum 46 shares in one lot and you have to spend a minimum of ₹14,996 for 1 lot.
- DreamFolks Services is looking to raise ₹562.10 Crores through this IPO.
What is DreamFolks Services Ltd ?
- DreamFolks Services is India’s largest airport service aggregator platform.
- They provide services like Lounges, Food & Beverage, Spa, Meet & Assist, Airport Transfer, Transit Hotels /Nap Room Access, Baggage Transfer etc.
- DreamFolks has developed its own proprietary modernistic hi-technology platform and solutions to ensure a seamless and hassle-free experience for clients at the airport.
- As at March 31, 2022, the company provides access to 12 domestic lounges across 11 airports in India.
- They have a global footprint extending to 1,416 Touch-points in 121 countries. (244 are in India)
- Liberatha Kallat is the Founder and MD of DreamFolks Service Ltd.
- On the revenue front, the company has increased its profits in 2022. Positive sign for investors.
Grey Market Premium of DreamFolks Service IPO GMP
Grey market is an unregulated market to trade ipo shares before listing. DreamFolks IPO price band is placed at ₹ 308 to ₹ 326 , but the grey market premium of this share is currently 62 (19.02%) i.e. at ₹388 (₹326 + ₹62). So the share price of DreamFolks IPO in the grey market is ₹388
Click here to Get Details IPO Grey Market Premium (GMP) Live
DreamFolks Services IPO Live Subscription Status
DreamFolks IPO subscribed 56.61 times on it’s final day i.e. on 26th August, 2022.
Click here to Get Details IPO Subscription Status Live
DreamFolks IPO Date, Lot Size, Allotment
DreamFolks IPO Details
| IPO Start Date | August 24, 2022 |
| IPO Close Date | August 26, 2022 |
| Fresh Equity Share Issue | NA |
| Offer for Sale | Approx. 17,242,368 Equity Shares (Worth ₹562.10 Crores) |
| Face Value | ₹2 Per Equity Share |
| Price Band | ₹308 – ₹326 Per Equity Share |
| Retail Quota Share | 10% |
| QIB Quota | 75% |
| NII (HNI) Quota | 15% |
| Listing on | NSE & BSE |
| Employee Discount | – |
| DRHP | View |
DreamFolks IPO Timetable
| IPO Start Date | August 24, 2022 |
| IPO Close Date | August 26, 2022 |
| Basis of Share Allotment Date | September 01, 2022 |
| Refunds Date | September 02, 2022 |
| Credit of shares to Demat Account Date | September 05, 2022 |
| Syrma SGS IPO Listing Date | September 06, 2022 |
DreamFolks IPO Lot Size
| Minimum Lot Size | 46 shares for 1 lot |
| Minimum Amount | ₹ 14,996 for 1 lot |
| Maximum Lot Size | 598 Shares (13 lot) |
| Maximum Amount | ₹194,948 (for 13 Lot) |
DreamFolks Services Ltd Financial Report (2020-2022)
| Year | Revenue | Expense | PAT (Profit / Loss After Tax) |
| 2022 | ₹284 | ₹264 | ₹16.25 |
| 2021 | ₹108 | ₹108 | ₹0.15 |
| 2020 | ₹368 | ₹324 | ₹31.68 |
DreamFolks IPO – Basis of Allotment
- DreamFolks IPO’s 75% quota is reserved for the QIB category.
- 15% quota is reserved for NII Category and
- 10% quota is reserved for retail investors.
How to Apply in DreamFolks IPO ?
- You can apply for the DreamFolks IPO through the ASBA facility available in your bank account.
- Just login to your online banking. Go to the IPO section and apply for DreamFolks IPO.
- Also you can apply this IPO through your trading account.
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the DreamFolks IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see DreamFolks IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the DreamFolks IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name DreamFolks IPO
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
DreamFolks IPO Allotment Status
You can check DreamFolks IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in DreamFolks IPO
DreamFolks IPO Promoters
- Liberatha Peter Kallat
- Mukesh Yadav
- Dinesh Nagpal
DreamFolks IPO Lead Managers
- Equirus Capital Private Limited
- Motilal Oswal Investment Advisors Pvt Ltd
DreamFolks Contact Information
Dreamfolks Services Limited
501, Tower 2, Fifth Floor,
Worldmark, Sector-65,
Gurugram – 122 018
- Phone: +91 0124 4173 560
- Email: compliance@dreamfolks.in
- Website: https://www.dreamfolks.in/
DreamFolks IPO Registrar Contact Information
Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: dreamfolks.ipo@linkintime.co.in
- Website: https://linkintime.co.in/
Paisa kaudi recommendation on DreamFolks IPO
DreamFolks Services Ltd is the leading airport service aggregator platform in India. Price band is reasonable. Can be considered for long term gain. You can also invest in this IPO for 15% to 20% of a listing gain.
Keep checking the GMP for more clear picture. Stay alert as markets are volatile now a days.
DreamFolks IPO FAQs
DreamFolks IPO is the main-board IPO which will be listed on NSE & BSE. They are going to raise Approx ₹562.10 Crores through this IPO. One lot has minimum 46 shares and you have to spend a minimum ₹14,996 for 1 lot.
DreamFolks IPO price band is ₹308 to ₹326.
One lot has minimum 46 shares and you have to spend a minimum ₹14,996 for 1 lot. Maximum lot is 13 and you have to spent ₹194,948 for 13 lots.
DreamFolks IPO’s 10% quota is reserved for retail investors. 15% quota is reserved for NII Category and 75% quota is reserved for the QIB category.
DreamFolks IPO will open on August 24, 2022.
Basis of Allotment for DreamFolks IPO will happen on September 01, 2022 and allotted shares will be deposited in your demat account on September 05, 2022.
Shares of DreamFolks IPO will list in the market on September 06, 2022.
This covers all the points on DreamFolks IPO. Please write in the comment box if you need any further information on this.