Dreamfolks Services IPO Date, Review, Price Band & Market

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 :

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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 Advertisement
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
31-Mar-20	137.76	367.81	31.68
31-Mar-21	122.5	108.11	-1.45
31-Mar-22	168.68	283.99	16.25

Peer Group

• N/A

Company Promoters

Pre Issue Share Holding	100%
Post Issue Share Holding	67%

Quick Links:

• Dreamfolks Services IPO DRHP
• Dreamfolks Services IPO RHP

Objectives of the IPO

1. Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
2. Funding long-term working capital requirements.
3. General corporate purposes.

Dreamfolks Services Limited IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: dreamfolks.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Dreamfolks Services Limited IPO Lead Managers:

1. Equirus Capital Private Limited 
2. Motilal Oswal Investment Advisors Pvt Ltd

Company Address:

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/