Dreamfolks Servi
CMP
496.80
+24.80 (5.25%)
- DRHP
₹326
Offer Price
₹ 562.10 Cr
Issue Size
₹ 14,996
Min Investment
23.25x
Times Subscribed
46
Lot size
Time Line
-
24Aug 2022Open
-
26Aug 2022Close
-
01Sep 2022Finalisation of Basis of Allotment
-
02Sep 2022Initiation of Refunds
-
05Sep 2022Transfer of Shares to Demat Account
-
06Sep 2022Listing Date
Shares Offered
Number of Times Subscribed
Day 3
26 Aug 2022
23.25x
QIB
70.53
NIB
14.18
Retail
24.19
Employee
0.00
Day 2
25 Aug 2022
2.72x
QIB
0.60
NIB
2.74
Retail
9.89
Employee
0.00
Day 1
24 Aug 2022
0.95x
QIB
0.25
NIB
0.54
Retail
4.03
Employee
0.00
Objects of the Offer
-
Increase wallet share with existing Clients
-
Continue to maintain its 100% coverage of airport lounges by expanding its coverage across new airport lounges in India
-
Expanding into newer sectors to create customer engagement and provide loyalty management solutions
-
Continued focus to expanding its client base in current sectors
-
Capitalize on its dominance in the airport lounge access market and target new high growth markets globally
Products & Services
-
The Company is a dominant player and India`s largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology driven platform.
Strengths
-
Dominant player in the airport lounge aggregation industry in India with strong tailwinds;
-
Entrenched relationships with marquee Clients including global card network providers in India and prominent Indian and global banks and corporates;
-
Strong business moat due to flywheel effect led by Clients and Operators network;
-
Ability to capitalize on growing Consumer base with no associated costs of direct Consumer acquisition;
-
Asset and human resource light business model with a strong track record of delivering consistent growth;
Company Promoters
Promoters Holding
Issue For IPO
33.00%
Pre Holding
100.00%
Post Holding
67.00%
Top Promoters Holding
Financials
All values in Cr
| Mar-2021 | Mar-2022 | Mar-2023 | 3-Yr trend | |
|---|---|---|---|---|
| Revenue | 105.63 (-71.20%) | 282.50 (167.40%) | 773.25 (173.70%) | |
| Gross Profit | 1.35 (-97.00%) | 22.61 (1,574.80%) | 100.93 (346.40%) | |
| Net Income | -1.45 (-104.60%) | 16.25 (1,220.70%) | 72.53 (346.30%) | |
| Assets | 75.60 (6.70%) | 92.11 (21.80%) | 167.35 (81.70%) | |
| Liabilities | 11.30 (112.40%) | 9.94 (-12.00%) | 10.64 (7.00%) |
Book Running Managers
- Equirus Capital Pvt Ltd
- Motilal Oswal Investment Advisors Ltd
Registrar & Transfer Agent
Link Intime India Pvt Ltd
C-101 247 Park,L B S Marg,
Vikhroli West - Mumbai-400083 Phone : 91-22-49186000 Fax: 91-22-49186060
Company Contact Information
22 DDA Flats Panchsheel Park,Shivalik Road,
New Delhi - 110017 Phone : 91-0124-4173 560 Email : compliance@dreamfolks.in www.dreamfolks.in
Offer Related Information
Initial public offering of 17,242,368* equity shares of face value of Rs. 2 each (Equity Shares) of Dreamfolks Services Limited (The Company) for cash at a price of Rs. 326 per equity share (including a share premium of Rs. 324 per equity share) (offer price), aggregating to Rs. 562.10 crores* (offer) through an offer for sale (offer for sale), comprising 6,531,200* equity shares aggregating to Rs. 212.92 crores* by Mukesh Yadav, 6,531,200* equity shares aggregating to Rs. 212.92 crores* by... More
News
-
27 Aug 2022, 11:49 AM
Dreamfolks Services IPO ends with strong subscription
-
26 Aug 2022, 18:00 PM
Dreamfolks Services IPO subscribed nearly 57 times
-
25 Aug 2022, 17:31 PM
Dreamfolks Services IPO subscribed 6.09 times
-
24 Aug 2022, 17:42 PM
Dreamfolks Services IPO receives nearly 2x subscription
-
22 Aug 2022, 11:04 AM
DreamFolks Services IPO opens on 24th Aug
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