Dreamfolks Services Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Dreamfolks Servi

CMP

459.30

-6.00 (-1.29%)

  • DRHP
₹326

Offer Price

₹ 562.10 Cr

Issue Size

₹ 14,996

Min Investment

23.25x

Times Subscribed

46

Lot size

Time Line

  • 24
    Aug 2022
    Open
  • 26
    Aug 2022
    Close
  • 01
    Sep 2022
    Finalisation of Basis of Allotment
  • 02
    Sep 2022
    Initiation of Refunds
  • 05
    Sep 2022
    Transfer of Shares to Demat Account
  • 06
    Sep 2022
    Listing Date

Shares Offered

Number of Times Subscribed

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

Dreamfolks Servi FAQ's

The shares of Dreamfolks Servi were first listed on the stock exchanges on June 26, 2024.

The total issue size of the Dreamfolks Servi IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they

The minimum lot size for Dreamfolks Servi public issue was 125 shares.

The price band of the IPO of Dreamfolks Servi was Rs. 114 to Rs. 120 per equity share.

Dreamfolks Servi IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.

Bigshare Services Private Limited is the registrar and share transfer agent of Dreamfolks Servi IPO.

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