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Dreamfolks Services Limited IPO

Dreamfolks Services Limited IPO

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Listed Price: ₹ 430.40 (+32.02%)

Dreamfolks Services Limited's has transitioned to a publicly listed entity following its IPO debut on 06-09-2022 at the NSE, BSE exchange. The public offering successfully raised 1,72,42,368 Shares, consisting of TBDin new capital and ₹562.10 Cr in existing shareholder sales.

The IPO featured a competitive price range of ₹308 to ₹326 and minimum application size of 46 shares. Market reception was evidenced through subscription activity between 24-08-2022 and 26-08-2022, reflecting investor appetite for the offering.

Allotment of shares was completed on 01-09-2022, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.

Dreamfolks Services IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Dreamfolks Services IPO Key Performance Indicator
Company Financials ( In Crores )

Dreamfolks Services IPO About Company

DreamFolks is India’s largest airport service aggregator platform, operating on an asset-light, capital-efficient model and serving all major card networks and leading card issuers such as Visa, Mastercard, RuPay, ICICI Bank, Axis Bank, Kotak Mahindra Bank, and SBI Cards. The company enables banks, card networks, airlines, and hotels to offer end-to-end airport services to their customers—from doorstep to airport, inside the airport, and at the destination—covering lounges, F&B, spa, meet-and-assist, transfers, transit hotels, nap rooms, and baggage services. With over 95% market share in card-based domestic lounge access in FY22, DreamFolks had 50 clients and facilitated services for 9.79 million passengers since FY20, offering access to 1,416 touchpoints across 121 countries, including 244 in India. It provides access to all 54 operational domestic lounges and has expanded into airport F&B with 57 outlets across 18 airports. Leveraging its first-mover advantage, DreamFolks has evolved from a lounge access aggregator into a comprehensive tech-enabled airport experience solutions provider. The company provides a wide range of airport services, including lounge access, food & beverages, spa services, airport transfers, meet & assist, nap rooms, and baggage transfers—enhancing customer engagement and loyalty programs for its clients. With a 95% market share in card-based domestic lounge access in India (FY22), DreamFolks has served 9.79 million passengers since FY20. It has 50+ clients and a global presence across 1,416 touchpoints in 121 countries, including 244 locations in India and 1,172 overseas. DreamFolks' first-mover advantage has made it a market leader, facilitating access to 100% of India's 54 operational lounges and partnering with 57 restaurants/F&B outlets at 18 airports across the country. Over time, it has evolved from a lounge access aggregator into a comprehensive technology solutions provider, redefining airport experiences worldwide.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Dreamfolks Services IPO Strength Factors

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Dreamfolks Services IPO Risk Factors

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Dreamfolks Services IPO Lead Manager(s)

  • Equirus Capital Private Limited
  • Motilal Oswal Investment Advisors Limited

Dreamfolks Services IPO Promoter(s)

  1. Liberatha Peter Kallat
  2. Mukesh Yadav
  3. Dinesh Nagpal

Dreamfolks Services IPO Company Details

Dreamfolks Services Limited
Phone:
address:

Dreamfolks Services IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Dreamfolks Services IPO FAQs