Dreamfolks Services Limited
ListedMainboardServices · NSE / BSE
DreamFolks is India’s largest airport service aggregator platform, operating on an asset-light, capital-efficient model and serving all major card networks and leading card issuers such as Visa, Mastercard, RuPay, ICICI Bank, Axis Bank, Kotak Mahindra Bank, and SBI Cards. The company enables banks, card networks, airlines, and hotels to offer end-to-end airport services to their customers—from doorstep to airport, inside the airport, and at the destination—covering lounges, F&B, spa, meet-and-assist, transfers, transit hotels, nap rooms, and baggage services. With over 95% market share in card-based domestic lounge access in FY22, DreamFolks had 50 clients and facilitated services for 9.79 million passengers since FY20, offering access to 1,416 touchpoints across 121 countries, including 244 in India. It provides access to all 54 operational domestic lounges and has expanded into airport F&B with 57 outlets across 18 airports. Leveraging its first-mover advantage, DreamFolks has evolved from a lounge access aggregator into a comprehensive tech-enabled airport experience solutions provider. The company provides a wide range of airport services, including lounge access, food & beverages, spa services, airport transfers, meet & assist, nap rooms, and baggage transfers—enhancing customer engagement and loyalty programs for its clients. With a 95% market share in card-based domestic lounge access in India (FY22), DreamFolks has served 9.79 million passengers since FY20. It has 50+ clients and a global presence across 1,416 touchpoints in 121 countries, including 244 locations in India and 1,172 overseas. DreamFolks' first-mover advantage has made it a market leader, facilitating access to 100% of India's 54 operational lounges and partnering with 57 restaurants/F&B outlets at 18 airports across the country. Over time, it has evolved from a lounge access aggregator into a comprehensive technology solutions provider, redefining airport experiences worldwide.
Price Band
₹308 – ₹326
Issue Size
₹562 Cr
Lot Size
46 shares
GMP
₹160
+49.1%
Est. Listing
₹486
at current GMP
Subscribed
56.68x
overall
Open
24 Aug 2022
Close
26 Aug 2022
Allotment
1 Sep 2022
Refund
2 Sep 2022
Demat Credit
3 Sep 2022
Listing
6 Sep 2022
Last updated 12 days ago
Overall Subscription
56.68x
Total Demand
QIB Multiplier
70.53x
Institutions & Funds
NII / HNI
37.66x
High Net-Worth
Retail (RII)
43.66x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 5,172,711 | 364,813,442 | 70.53x |
| NIB | 2,586,355 | 97,404,448 | 37.66x |
| HNIs(10L +) | 1,724,236 | 70,592,060 | 40.94x |
| HNIs (2-10L) | 862,119 | 26,812,388 | 31.10x |
| RETAIL | 1,724,236 | 75,279,322 | 43.66x |
| Total | 12,069,657 | 634,901,660 | 56.68x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 131,192 | 5,727,843 | 43.66x |
| HNIs (10L +) | 839 | 31,597 | 37.66x |
| HNIs (2-10L) | 4,016 | 151,243 | 37.66x |
| Total Applications | 136,047 | 5,910,683 | 43.45x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Dreamfolks Services Limited Public Issue & Market Profile
Dreamfolks Services Limited is bringing an initial public offering (IPO) in the Services sector with an aggregate issue size of ₹562.1 Crores. The shares are offered at a price band of ₹308 to ₹326 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2022-08-26, the basis of allotment is scheduled to be finalized on 2022-09-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Dreamfolks Services Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Dreamfolks Services Limited IPO is ₹160 per equity share. Based on the upper price band of ₹308 to ₹326 per equity share, the estimated listing price is ₹486 (+49.1% expected listing gain).
What is the expected profit per lot for Dreamfolks Services Limited IPO?
With a lot size of 46 shares and current GMP of ₹160, the expected profit per application lot is approx ₹7,360 (+49.1% gain). Minimum application cost is approx ₹14,996.
What is the issue size and price band for Dreamfolks Services Limited IPO?
The Dreamfolks Services Limited IPO aggregate issue size is ₹562.1 Crores with an equity price band set at ₹308 to ₹326 per equity share. The retail lot size is 46 shares requiring a minimum capital outlay of approx. ₹14,996.
How can I check Dreamfolks Services Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 56.68x (Retail: 43.66x, QIB: 70.53x, NII: 37.66x). You can track live multiples directly on our dedicated subscription page.
Where and when will Dreamfolks Services Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-09-01. Investors can verify status using PAN card or application number.
When is the listing date for Dreamfolks Services Limited IPO?
Dreamfolks Services Limited shares are scheduled to list on NSE and BSE on 2022-09-06.