Dreamfolks Services Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹308 - ₹326
- Lot size
- 46 shares
- Issue amount
- ₹562.1 cr
- Total subscription
- 56.68×
- Opens
- 24 Aug 2022
- Closes
- 26 Aug 2022
- Allotment
- 1 Sept 2022
- Listing
- 6 Sept 2022
Offer at a glance
Issue overview
- Issue size
- 1,72,42,368 shares
- Face value
- ₹2 per share
- Minimum investment
- ₹14,168
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹562.1 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,996
- Issue type
- Bookbuilding IPO
- Shares before issue
- 5,22,50,000
- Shares after issue
- 5,22,50,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 46 | ₹14,996 |
| sHNI | 14 | 644 | ₹2,09,944 |
| bHNI | 67 | 3,082 | ₹10,04,732 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 168.63 | 11,892.92 |
| RETAIL | 56.21 | 2,454.11 |
| NIB | 84.32 | 3,175.39 |
| HNIs 2+ | 28.11 | 874.08 |
| HNIs 10+ | 56.21 | 2,301.3 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Company information
Company profile
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.
Promoters
Liberatha Peter Kallat
Mukesh Yadav
Dinesh Nagpal
Registrar & documents
Lead manager
Equirus Capital Private Limited, Motilal Oswal Investment Advisors Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
501, Tower 2, Fifth Floor, Worldmark, Sector-65, Gurugram – 122 018
+91 0124 4173 560
[email protected]Company website ↗Understanding DREAMFOLKS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.