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Dreamfolks IPO
Dreamfolks’ IPO is an offer for sale proposition of 17,242,368 equity shares. Dreamfolks is an airport service aggregator focused on enhancing the airport experience for passengers using a technology-driven platform. Click here to Apply for Dreamfolks IPO.
Opening Date
Aug 24, 2022
Closing Date
Aug 26, 2022
Price Band
₹308 - ₹326
per equity share
Issue Size
₹ 562.10 Cr
Face Value
₹2
per equity share
Market Lot
46 Shares
Opening Date
Aug 24, 2022
Closing Date
Aug 26, 2022
Price Band
₹308 - ₹326
per equity share
Issue Size
₹ 562.10 Cr
Face Value
₹2
per equity share
Market Lot
46 Shares
Listing at NSE, BSE
Dreamfolks IPO Important Dates
| IPO Open Date | Aug 24, 2022 |
|---|---|
| IPO Close Date | Aug 26, 2022 |
| Allotment Date | Sep 1, 2022 |
| Initiation Of Refunds | Sep 2, 2022 |
| Credit Of Shares To Demat Account |
Sep 5, 2022 |
| IPO Listing Date | Sep 6, 2022 |
| UPI Mandate Expiry Date | Sep 11, 2022 |
Dreamfolks Services IPO Latest News and Subscription Status Today [Live]
At 05:00:00 PM.
- This IPO has been subscribed 56.68x by 05:00 PM. on Day 3
- It is a public issue of 9,483,302 equity shares.
- (QIB) Qualified institutional buyers: 70.53x
- (NII) Non-institutional buyers: 37.66x
- (RII) Retail Individual buyers: 43.66x
- Employees: [.]
- This IPO has been subscribed 31.82x by 02:46 PM. on Day 3
- It is a public issue of 9,483,302 equity shares.
- (QIB) Qualified institutional buyers: 29.94x
- (NII) Non-institutional buyers: 30.72x
- (RII) Retail Individual buyers: 39.08x
- Employees: [.]
- This IPO has been subscribed 13.12x by 12:53 PM. on Day 3
- It is a public issue of 9,483,302 equity shares.
- (QIB) Qualified institutional buyers: 4.17x
- (NII) Non-institutional buyers: 19.80x
- (RII) Retail Individual buyers: 29.93x
- Employees: [.]
- This IPO has been subscribed 8.09x by 10:39 AM. on Day 3
- It is a public issue of 9,483,302 equity shares.
- (QIB) Qualified institutional buyers: 0.78x
- (NII) Non-institutional buyers: 12.35x
- (RII) Retail Individual buyers: 23.64x
- Employees: [.]
At 05:00:00 PM.
- This IPO has been subscribed 6.09x by 05:00 PM. on Day 2
- It is a public issue of 9,483,302 equity shares.
- (QIB) Qualified institutional buyers: 0.60x
- (NII) Non-institutional buyers: 8.40x
- (RII) Retail Individual buyers: 19.10x
- Employees: [.]
- This IPO has been subscribed 5.09x by 3:47 PM. on Day 2
- It is a public issue of 9,483,302 equity shares.
- (QIB) Qualified institutional buyers: 0.57x
- (NII) Non-institutional buyers: 5.98x
- (RII) Retail Individual buyers: 17.33x
- Employees: [.]
- This IPO has been subscribed 3.38x by 12:47 PM. on Day 2
- It is a public issue of 9,483,302 equity shares.
- (QIB) Qualified institutional buyers: 0.26x
- (NII) Non-institutional buyers: 3.14x
- (RII) Retail Individual buyers: 13.10x
- Employees: [.]
- This IPO has been subscribed 2.43x by 10.28 AM. on Day 2
- It is a public issue of 9,483,302 equity shares.
- (QIB) Qualified institutional buyers: 0.25x
- (NII) Non-institutional buyers: 1.89x
- (RII) Retail Individual buyers: 9.76x
- Employees: [.]
At 05:00:00 PM.
- This IPO has been subscribed 1.96x by 05:00 PM. on Day 1
- It is a public issue of 19,13,247 equity shares.
- (QIB) Qualified institutional buyers: 0.25x
- (NII) Non-institutional buyers: 1.39x
- (RII) Retail Individual buyers: 7.93x
- Employees: [.]
- This IPO has been subscribed 1.49x by 03:28 PM. on Day 1
- It is a public issue of 19,13,247 equity shares.
- (QIB) Qualified institutional buyers: 0.14x
- (NII) Non-institutional buyers: 0.72x
- (RII) Retail Individual buyers: 6.70x
- Employees: [.]
- This IPO has been subscribed 0.96 by 01:12 PM. on Day 1
- It is a public issue of 19,13,247 equity shares.
- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.34x
- (RII) Retail Individual buyers: 4.78x
- Employees: [.]
- This IPO has been subscribed 0.37x by 10:48 AM. on Day 1
- It is a public issue of 9,483,302 equity shares.
- (QIB) Qualified institutional buyers: 0.00x
- (NII) Non-institutional buyers: 0.05x
- (RII) Retail Individual buyers: 1.97x
- Employees: [.]
About Dreamfolks
Dreamfolks started its journey in 2013 by facilitating lounge access services for the customers of Mastercards. Currently, they provide integrated global card networks operation in India for debit and credit cards and corporate clients, including airlines. Using their platform, passengers can avail of airport-related services in lounges, food and beverage, spa, meet and assist, airport transfer, transit hotels, and baggage transfers.
Dreamfolks is a significant player with a 95% market share for all credit and debit cards issued in India to access airport lounges in 2020. They facilitate 100% of fifty lounges in Indian airports.
Dreamfolks IPO Objectives
• To increase the brand awareness and visibility and also provide liquidity to the shares
holders.
• For the equity shares in india, the firm wants to provide a public shares.
Why should you invest in the Dreamfolks IPO?
- They are India's most significant airport service aggregator and enhance the airport experience for passengers.
- They have diversified their product offering with a wide-ranging bouquet of services.
- Dreamfolks dominates the domestic lounge services market with an 80% market share.
Financial Highlights
| Particulars | For the year/period ended (₹ in million) | FY21 | FY20 | FY19 |
|---|---|---|---|
| Revenue from operation | 1,056.33 | 3,670.43 | 2,482.81 |
| EBITDA | 20.98 | 458.50 | 236.21 |
| EBITDA Margin (%) | 1.99 | 12.49 | 9.51 |
| Profit After Tax | (14.50) | 316.83 | 152.71 |
| EPS | (0.28) | 6.06 | 2.92 |
| ROE | (2.25) | 48.36 | 44.70 |
Subscribe to our channel now to know about : Dreamfolks Services IPO 2022
How to apply for Dreamfolks’ IPO
Retail investors need to apply for the IPO using UPI.
UPI
- Link your bank account to a UPI ID.
- Register your UPI id with your Demat account.
- Subscribe for Dreamfolks’ IPO and approve the payment on your UPI ID.
Demat Account
- If you’re a new investor, Open a DEMAT Account for free with Angel One and begin your investment journey.
Dreamfolks IPO Noteworthy Highlights:
- The company's dominance is underpinned by 100% access to 50 domestic lounges in India.
- They have accounted for 67% of overall lounge access volume in India in FY20.
- Dreamfolks is operational in 121 countries with 1,259 Touch-points.
The Brand’s Pros & Cons:
| Pros | Cons |
|---|---|
| Dreamfolks is India's most dominant player in airport lounge aggregation with a strong tailwind. | Dreamfolks' future cash flow depends on the company’s ability to maintain long-term relationships with card networks, card issuers, airport service providers and lounge operators. |
| The company enjoys a strong relationship with Marquee clients and major credit card issuing Indian and foreign banks. | Dreamfolks’ operational profitability is related to the performance of the travel industry, particularly the aviation sector. |
| They have built interdependence for their services enabling them to attract new clients and operators. | The company has earned negative cash flow due to Covid-19. A similar situation will hurt its future profitability. |
Competitive Analysis: Market Peers
No listed companies from India operate in the same business line as Dreamfolk. Hence, we can't provide a competitive analysis.
Dreamfolks Services IPO FAQs
What is Dreamfolks IPO?
Dreamfolks’ IPO is a proposition of offer for sale of 17,242,368 equity shares.
When will the Dreamfolks IPO allotment be available?
Dreamfolks IPO allotment will be available from Sep 1, 2022.
What will be the Dreamfolks IPO lot size?
The Dreamfolks Services IPO lot size is 46 shares.
When will Dreamfolks IPO open for subscription?
Dreamfolks IPO will be open for subscription on Aug 24, 2022.
What minimum lot size can retail investors subscribe to?
The minimum investment size is one lot for retail investors.
When will Dreamfolks list on exchanges?
Details are not available. Usually, it takes ten working days from the last day of subscription to finally list the IPOs on the stock exchanges.
How to check the allotment status of Dreamfolks IPO?
Angel One investors can log in to their account to check the allotment status of Dreamfolks IPO.
What is the size of Dreamfolks IPO?
The IPO is entirely an offer for sale (OFS) of up to 1,72,42,368 equity shares with a face value of Rs 2.
How will I receive shares?
Your shares will get credited directly to your Demat account.
Is it necessary to approve a UPI mandate request immediately?
Approving UPI payment is the final step to completing the IPO application. Investors usually have T+1 days to approve the payment mandate in their UPI handles.
How to apply for this Dreamfolks IPO via the Angel One App?
To apply for the IPO from the Angel One app, log in to your customer account, search for Dreamfolks IPO in the active IPO list, and click on, Apply.
What is the minimum order quantity for Dreamfolks IPO?
The minimum order quantity is 46 Shares.
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