Incorporated in 2008, Dreamfolks Services Limited is India’s largest airport service aggregator platform. The company provides a host of 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 tied 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.
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 Limited IPO Review :
Dreamfolks Services Limited IPO Date & Price Band :
|IPO Open:||24 August 2022|
|IPO Close:||26 August 2022|
|IPO Size:||46 Shares|
|Price Band:||₹308 to ₹326 per share|
|Listing on:||BSE & NSE|
|Retail Portion:||Not more than 10% of the Net Offer |
|Equity:||17,242,368 Equity Shares|
|Face Value:||₹2 Per Equity Share|
Dreamfolks Services Limited IPO Market Lot:
- Shares: – 17,242,368 shares
- Minimum Amount: – ₹14,996 Amount
- Maximum Amount: – ₹194,948 Amount
Dreamfolks Services Limited IPO Allotment & Listing:
- Basis of Allotment: Sep 1, 2022
- Refunds: Sep 2, 2022
- Credit to Demat accounts: Sep 5, 2022
- Listing: Sep 6, 2022
Dreamfolks Services Limited IPO Form Download:
You can apply in Dreamfolks Services IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
Dreamfolks Services Limited Financial:
|Period Ended||Total Assets||Total Revenue||Profit After Tax|
|Pre Issue Share Holding||100%|
|Post Issue Share Holding||67%|
Objectives of the IPO
- Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
- Funding long-term working capital requirements.
- General corporate purposes.
Dreamfolks Services Limited IPO Registrar
Link Intime India Private Ltd
Dreamfolks Services Limited IPO Lead Managers:
- Equirus Capital Private Limited
- Motilal Oswal Investment Advisors Pvt Ltd
What is Dreamfolks Services Limited IPO Open Date for QIB, NII, and Retail?
Dreamfolks Services Limited IPO is a main-board IPO. They are going to raise ₹562.10 Crores via IPO. The IPO will open on 24th August 2022
Dreamfolks Services Limited IPO Size?
Dreamfolks Services IPO size is 46 Shares
Dreamfolks Services Limited IPO Price Band?
Dreamfolks Services IPO Price Band is ₹308 to ₹326 per share
Dreamfolks Services Limited IPO Minimum Lot Size?
The minimum bid is 1 Shares with a ₹14,996 amount
What is Dreamfolks Services Limited IPO Allotment Date?
Dreamfolks Services IPO allotment date is Sep 1, 2022.
What is Dreamfolks Services Limited IPO Listing Date?
Dreamfolks Services IPO listing date is Sep 6, 2022. The IPO is to list on BSE and NSE.