Dreamfolks Services Ltd IPO
Dreamfolks Services Ltd IPO is listed on BSE and NSE, priced at ₹308–₹326 per share. The stock debuted at ₹508.7, delivering a listing gain of 56.0%. The IPO had a lot size of ₹46 shares and a minimum investment of ₹14,996.
Dreamfolks Services Ltd
- IPO Dates
- Aug 24, 2022 – Aug 26, 2022
- Price band
- ₹308-326 per equity share
- Minimum Investment
- ₹14,996
- Issue size
- 17,242,368 shares of ₹2(aggregating up to ₹562.1 Crores) OFS
- Lot size
- 46
- Allotment Date
- Sep 1, 2022
- Listing
- Sep 6, 2022
- Listing At
- BSE, NSE
IPO timeline
-
Aug 24, 2022
Open Date
Completed
-
Aug 26, 2022
Close Date
Completed
-
Sep 1, 2022
Allotment Date
Completed
-
Sep 6, 2022
Listing Date
Completed
Price Summary
- Last closing
- 76.02 (-76.68%)
- 52 week high
- 304.85
- 52 week low
- 56.00
- Last update
Dreamfolks Services Ltd IPO Essentials
Dreamfolks Services Ltd IPO Details
Dreamfolks Services Ltd IPO is priced at ₹308-326 per share with a total issue size of 17,242,368 shares of ₹2(aggregating up to ₹562.1 Crores) OFS. The IPO has a lot size of 46 shares and is listed on BSE and NSE.
- Issue price
- ₹308-326 per equity share
- Lot size
- 46 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- 17,242,368 shares of ₹2(aggregating up to ₹562.1 Crores) OFS
- Listing at
- BSE, NSE
- List price
- 508.70
- Listing date
- Registrar
- Link Intime India Private Limited
- Lead manager
-
Equirus Capital Private Limited, Motilal Oswal Investment Advisors Limited
Dreamfolks Services Ltd IPO Analytics
Dreamfolks Services Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Dreamfolks Services Ltd IPO Subscription Status
Dreamfolks Services Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 5,172,711 |
2,586,355
|
1,724,236 | 9,483,302 |
|
Day 1
24-08-22 05:00 PM
|
0.25 x |
1.39x
|
7.93 x | 1.96 x |
|
Day 2
25-08-22 05:00 PM
|
0.60 x |
8.40x
|
19.10 x | 6.09 x |
|
Day 3
26-08-22 05:00 PM
|
70.53 x |
37.66x
|
43.66 x | 56.68 x |
|
Total No. of Applications
|
category wise applications | ||
|---|---|---|---|
| 1454531 (Approx) | 38.81 | ||
Dreamfolks Services Ltd Valuations
Earnings
- EPS (Post IPO)
- ₹3.18/-
- P/E Ratio
- 102.6
Returns
- RoNW
- 19.78%
Dreamfolks Services Ltd Financials( In Crs.)
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|
| Assets | 168.68 | 122.5 | 137.76 |
| Revenue | 283.99 | 108.11 | 367.81 |
| Profit After Tax | 16.25 | -1.45 | 31.68 |
Dreamfolks Services Ltd Company & Offer Insights
About Dreamfolks Services Ltd
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.
Dreamfolks Services Ltd Promoter(s)
Liberatha Peter Kallat, Dinesh Nagpal, Mukesh Yadav are the company's promoters of Dreamfolks Services Ltd.
Dreamfolks Services Ltd IPO Issue Objectives
- •
- To carry out the Offer for Sale of up to 21,814,200 Equity Shares by the Selling Shareholders
- •
- Enhance visibility and brand image and provide liquidity to the shareholders
- •
- Also provide a public market for the equity shares in India
Dreamfolks Services Ltd IPO - Anchor Investors
Dreamfolks Services mops up Rs 253 crore from anchor investors ahead of IPO.
Marquee investors like Smallcap World Fund Inc, Saint Capital Fund, Matthews Asia Funds, Societe Generale, and Seganiti India Mauritius made investments in Dreamfolks via anchor book.
Other investors, including Aditya Birla Sun Life, Invesco India AMC, Sundaram MF, Abakkus Growth Fund, Kuber India Fund, Malabar India Fund, Mirae Asset India, Quant Mutual Fund, Elara India Opportunities Fund, PNB Metlife India Insurance, and BNP Paribas Arbitrage also participated in the anchor book.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Dreamfolks Services Ltd IPO is a book-built IPO worth ₹17,242,368 shares of ₹2(aggregating up to ₹562.1 Crores) OFS. The price band is ₹308–₹326 per share. The IPO opens on Aug 24, 2022 and closes on Aug 26, 2022. It will be listed on BSE and NSE. Link Intime India Private Limited is the registrar.
The price band of Dreamfolks Services Ltd IPO is ₹308 to ₹326 per share.
The lot size of Dreamfolks Services Ltd IPO is 46 shares.
The minimum investment for Dreamfolks Services Ltd IPO is approximately ₹14,996 based on the upper price band .
Dreamfolks Services Ltd IPO opens on Aug 24, 2022 and closes on Aug 26, 2022.
The allotment date of Dreamfolks Services Ltd IPO is Sep 1, 2022.
Dreamfolks Services Ltd IPO is expected to be listed on Sep 6, 2022, on BSE and NSE .
Dreamfolks Services Ltd IPO listed on Sep 6, 2022. It was issued at ₹508.70 and is currently around ₹76.02 as on 14-May-2026 3:30 PM, which is approximately -76.7% versus issue price. The 52-week high is ₹304.85.
Based on listing and post-listing performance, Dreamfolks Services Ltd IPO delivered around -76.7% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Dreamfolks Services Ltd IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Dreamfolks Services Ltd IPO valuation snapshot: P/E 102.6, EPS ₹3.18/-, P/B N/A, RoNW 19.78%, and market cap N/A.
To apply for Dreamfolks Services Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Dreamfolks Services Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Dreamfolks Services Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Dreamfolks Services Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Dreamfolks Services Ltd IPO allotment status on IPO Ji for quick and easy access.