Dreamfolks Services IPO: Check IPO Details, Date, Price | Espresso


Dreamfolks Services Limited to Open on Aug 24-Check IPO Details, Issue Date, Price

August 24, 2022
Dreamfolks Services Limited to Open on Aug 24-Check IPO Details, Issue Date, Price

Dreamfolks Services Limited is coming out with a fresh public issue to raise Rs 562 crores from the market.

Below are the details of the Dreamfolks Services Limited IPO price, the Dreamfolks Services issue size and other such details :

  • Issue opens – Aug 24 (Wednesday)
  • Issue closes – Aug 26 (Friday)
  • Issue size – Rs 562 crores
  • Price band – Rs 308 to 326 per equity share
  • Bid lot – 46 shares and in multiples thereof

And here are some details of the company and further details on the Dreamfolks Services Limited issue.

Company details:

·       Dreamfolks Services Limited began effective operations in 2013 they are a dominant player and India's largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology-driven platform (Source: F&S Report).·        Their asset-light business model integrates global card networks operating in India (Card Networks), credit card and debit card issuers (Card Issuers) and other corporate clients, in India, including airline companies (Corporate Clients and along with Card Networks and Card Issuers, the Clients) with various airport lounge operators and other airport related service providers (collectively, the Operators) on a unified technology platform.·        They facilitate customers of Clients’ (Consumers) access to the following airport-related services (i) lounges, (ii) food and beverage (iii) spa, (iv) meet and assist, (v), airport transfer (vi) transit hotels /nap room access, and (vii) baggage transfer, (collectively, the Services).

·  Their dominance is underpinned by facilitating access to 100% of the 54 lounges currently operational in India, and they also enjoyed a market share of over 95% of all India-issued credit cards and debit cards (Card Based) access to airport lounges in Fiscal 2022. Additionally, in Fiscal 2022 they also accounted for around 68% of the overall lounge access volume in India. (Source: F&S Report). Further, as at March 31, 2022 through their partnerships with other service providers, they have a global footprint extending to 1,416 Touch-points in 121 countries across the world out of which, 244 Touch-points are present in India and 1,172 Touch-points overseas.

Issue size:

Rs 562 crores

Issue break-up:

  • QIB – 75% of the offer – Rs 421.58 crores
  • NIB – 15% of the offer – Rs 84.32 crores
  • RET – 10% of the offer – Rs 56.21 crores




Link Intime India Private Limited


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