Dreamfolks Services Limited IPO
Dreamfolks Services Limited was a mainboard IPO in the Airport & Airport services sector, offered at ₹308–₹326 per share to raise ₹562 crore. The issue was subscribed 56.68× overall (QIBs 70.53×, NIIs 37.66×, retail 43.66×). It listed on 6 Sep 2022 at ₹509 and closed its first day at ₹462, a listing gain of +41.8% versus the ₹326 issue price. It now trades around ₹58 (-82.2% versus the issue price).
Frequently asked questions
- How many times was the Dreamfolks Services Limited IPO subscribed?
- The Dreamfolks Services Limited IPO was subscribed 56.68× overall — 70.53× in the QIB category, 37.66× among non-institutional investors, 43.66× in retail.
- What were the Dreamfolks Services Limited IPO listing gains?
- Dreamfolks Services Limited listed on 6 Sep 2022 at ₹509, closing its first day at ₹462 — a listing gain of +41.8% versus the ₹326 issue price.
- What were the retail allotment odds for the Dreamfolks Services Limited IPO?
- Retail was subscribed 43.66×, so a single-lot application had roughly a 2.3% chance of allotment (about 1 in 44), and allotment was finalised on 31 Aug 2022.
- What was the price band and lot size of the Dreamfolks Services Limited IPO?
- The price band was ₹308–₹326 per share, with a minimum lot of 46 shares (₹14,996 at the upper band).
- Who were the registrar and lead manager for the Dreamfolks Services Limited IPO?
- Link Intime India Private Limited was the registrar, and Equirus was the book-running lead manager.