Dreamfolks Services IPO Review
Dreamfolks Services IPO Overview
With its innovative, asset-light, capital-efficient business strategy, DreamFolks is a leading player and India’s biggest airport service aggregator platform, as well as an industry incubator. DreamFolks’ services are available to all of India’s Card Networks, including Visa, Mastercard, Diners/Discover, and RuPay, as well as many of the country’s leading Card Issuers, including ICICI Bank Limited, Kotak Mahindra Bank Limited, Axis Bank Limited, HDFC Bank Limited (for debit card lounge programmes), and SBI Cards and Payment Services Limited.
DreamFolks carefully crafted a service proposition and a technology platform to enable DreamFolks clients (such as card network providers, banks, airline operators, and hotels) to offer a diverse range of services to their end customers as part of their customer engagement and loyalty management programmes. It gives access to a variety of amenities, including Lounges, Catering services, Spa, Meeting and Assist, Airport Transfer, Transportation Guesthouses Room access, and Luggage Transfer, from the door-step to the airport, within the airport, and from the airport to the door-step at the destination.
DreamFolks’ strong position is supported by an expected market share of more than 95% of all India granted Card Based access to domestic lounges in Fiscal 2022. (F&S Report). As of March 31, 2022, DreamFolks had 50 Clients, including Card Networks and several of India’s important Card Issuers, and 9.79 million (97.9 lakh) pax (people or passengers) have used their services collectively since Fiscal 2020. DreamFolks has a worldwide presence of 1,416 touch-points in 121 countries, with 244 touch-points in India and 1,172 touch-points overseas as of March 31, 2022, thanks to agreements with other service providers.
Dreamfolks Services IPO Details
Dreamfolks Services IPO Date | Aug 24, 2022 to Aug 26, 2022 |
Dreamfolks Services IPO Face Value | ₹2 per share |
Dreamfolks Services IPO Price | ₹308 to ₹326 per share |
Dreamfolks Services IPO Lot Size | 46 Shares |
Issue Size | 17,242,368 shares of ₹2 (aggregating up to ₹562.10 Cr) |
Offer for Sale | 17,242,368 shares of ₹2 (aggregating up to ₹562.10 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
QIB Shares Offered | Not less than 75% of the Net Offer |
Retail Shares Offered | Not more than 10% of the Net Offer |
NII (HNI) Shares Offered | Not more than 15% of the Net Offer |
Company Promoters | Liberatha Peter Kallat, Mukesh Yadav and Dinesh Nagpal are the company promoters. |
Dreamfolks Services IPO Financial Performance
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
31-Mar-20 | 137.76 | 367.81 | 31.68 | 65.51 |
31-Mar-21 | 122.5 | 108.11 | -1.45 | 64.3 |
31-Mar-22 | 168.68 | 283.99 | 16.25 | 82.16 |
Amount in ₹ Crore |
Dreamfolks Services IPO Key Ratios
FY2020 | FY2021 | FY2022 | |
EPS | 6.06 | (0.28) | 2.98 |
PE ratio | – | – | 103.56 – 109.40 |
RONW (%) | 48.36 | (2.25) | 19.78 |
ROCE (%) | 63.46 | 0.74 | 23.99 |
EBITDA (%) | 12.47 | 1.94 | 8.46 |
Debt/Equity | 0.05 | 0.03 | 0.02 |
NAV | – | – | 15.73 |
Listing Performance of Dreamfolks Services IPO
Listed On : BSE, NSE
Issue Price : ₹308 to ₹326 per share
Listing Day Close :
Listing Day Gain :
Dreamfolks Services IPO GMP Trend
NSE : NA
ISIN CODE : NA
BSE : NA
Dreamfolks Services IPO Allotment Status
Dreamfolks Services IPO Brokers Reviews & Rating
Updated Soon.
Dreamfolks Services IPO Important Dates
Dreamfolks Services IPO Opening Date | Aug 24, 2022 |
Dreamfolks Services IPO Closing Date | Aug 26, 2022 |
Basis of Allotment | Sep 1, 2022 |
Initiation of Refunds | Sep 2, 2022 |
Credit of Shares to Demat | Sep 5, 2022 |
Dreamfolks Services IPO Listing Date | Sep 6, 2022 |
Dreamfolks Services IPO Contact Details
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/
Dreamfolks Services IPO Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: dreamfolks.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Dreamfolks Services IPO Subscription Details
Updated Soon.
Dreamfolks Services IPO FAQ's
The Dreamfolks Services Limited IPO is a BSE, NSE IPO of ₹308 to ₹326 per share with a face value of 10 per equity share.
The issue size is priced at 17,242,368 shares of ₹2 (aggregating up to ₹562.10 Cr).
The fresh issue size priced at 17,242,368 shares of ₹2 (aggregating up to ₹562.10 Cr).
The initial public offering (IPO) begins on Aug 24, 2022 and ends on Aug 26, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Dreamfolks Services Limited IPO opens on Aug 24, 2022 and closes on Aug 26, 2022. The IPO Issue date may list on Sep 6, 2022.
Dreamfolks Services Limited IPO Market lot size is 46 Shares and the minimum order quantity is 46 Shares.
The finalisation of Basis of Allotment for Dreamfolks Services Limited IPO will be done on Sep 1, 2022. and the allotted shares will be credited to your demat account by Sep 5], 2022. Check the Dreamfolks Services Limited IPO status.
The Dreamfolks Services Limited IPO listing date is on Sep 6, 2022.
Dreamfolks Services Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.