Dreamfolks Services IPO GMP History
Dreamfolks Services IPO has been listed on September 6, 2022 at a listing price of ₹508.7, against the issue price of ₹326 — a gain of ₹182.7 (+56.04%). The GMP peaked at ₹120 on 6 September 2022 and reached a low of ₹65 on 23 August 2022. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Dreamfolks Services IPO raised ₹562.1 Cr. through its IPO at a price band of ₹308 to ₹326 per share, with a lot size of 46 shares. The IPO was open for subscription from 24 Aug 2022 to 26 Aug 2022.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:32 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 06 Sep 2022 | ₹ 120 | ▲ | 37% | — | — |
| 05 Sep 2022 | ₹ 105 | ▲ | 32% | — | — |
| 02 Sep 2022 | ₹ 100 | ▲ | 31% | — | — |
| 01 Sep 2022 | ₹ 95 | ▼ | 29% | — | — |
| 31 Aug 2022 | ₹ 105 | — | 32% | — | — |
| 30 Aug 2022 | ₹ 105 | ▲ | 32% | — | — |
| 29 Aug 2022 | ₹ 80 | — | 25% | — | — |
| 26 Aug 2022 | ₹ 80 | ▲ | 25% | — | — |
| 25 Aug 2022 | ₹ 75 | — | 23% | — | — |
| 24 Aug 2022 | ₹ 75 | ▲ | 23% | — | — |
| 23 Aug 2022 | ₹ 65 | ▼ | 20% | — | — |
| 22 Aug 2022 | ₹ 85 | — | 26% | — | — |
Dreamfolks Services IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 24 Aug 2022
- Close 26 Aug 2022
- Allotment 01 Sep 2022
- Refund/credit 02 Sep 2022
- Listing 06 Sep 2022
Dreamfolks Services IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹326 |
|---|---|
| GMP-based estimate (pre-listing) | ₹411 (+26.1%) |
| Listing gain / loss | +₹182.7 per share |
| Listing date | 06 Sep, 2022 |
| Actual listing price | ₹508.7 (+56.04%) |
Is Dreamfolks Services IPO GMP reliable?
Grey market premium for Dreamfolks Services IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Dreamfolks Services IPO full review for a fundamentals-based assessment before making any grey market trades.
Dreamfolks Services IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Dreamfolks Services IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Dreamfolks Services IPO
DreamFolks Services Limited was incorporated in 2008. It runs an asset-light technology platform that connects card networks, card issuers and corporate clients with airport lounge operators and other airport service providers.
Through it, customers of its clients get access to lounges, food and beverage, spa, meet and assist, and airport transfer services, as part of loyalty and engagement programmes.
Its clients include all card networks operating in India, such as Visa, Mastercard, Diners/Discover and RuPay, and card issuers such as ICICI Bank, Axis Bank, Kotak Mahindra Bank, HDFC Bank for debit card lounges, and SBI Cards.
The IPO was Rs 562.10 crore and was entirely an offer for sale by the three promoters, so the company received none of the money.
Frequently asked
What is the GMP of Dreamfolks Services IPO?
The current Grey Market Premium (GMP) of Dreamfolks Services IPO is ₹ 85.
What is the Kostak Price of Dreamfolks Services IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Dreamfolks Services IPO is not available.
What is the Subject to Sauda Price of Dreamfolks Services IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Dreamfolks Services IPO?
Dreamfolks Services IPO listed on September 6, 2022 at ₹508.7, against the issue price of ₹326 — a gain of +56.04%.
How did the GMP of Dreamfolks Services IPO trend before listing?
The GMP of Dreamfolks Services IPO was rising in its final days before listing. The GMP peaked at ₹120 on 6 September 2022. View the day-wise table above for the complete GMP history.
Explore Dreamfolks Services IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
