{"id":19408,"date":"2022-08-22T10:08:26","date_gmt":"2022-08-22T04:38:26","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=19408"},"modified":"2022-08-22T14:58:27","modified_gmt":"2022-08-22T09:28:27","slug":"dreamfolks-services-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/dreamfolks-services-ipo\/","title":{"rendered":"DreamFolks Services IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"19408\" class=\"elementor elementor-19408\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-70c5b3a9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"70c5b3a9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5f2307b1\" data-id=\"5f2307b1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1a2709a2 elementor-widget elementor-widget-text-editor\" data-id=\"1a2709a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>DreamFolks Services Limited, an airport service aggregator platform, plans to raise capital through initial public offering (IPO).<\/p><p>The price band is fixed at Rs 308-326 per equity share and the subscription for the IPO begins on August 24 and ends on August 26, 2022.<\/p><p>The IPO comprises of only offer for sale of about 1.72 crore equity shares of face value Rs 2 apiece. The issue size is Rs 562.10 crore based on the upper limit of the price band.\u00a0\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3c76fdf9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3c76fdf9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-17100734\" data-id=\"17100734\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-729d1299 elementor-widget elementor-widget-heading\" data-id=\"729d1299\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Summary<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-47368e10 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"47368e10\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3b34cadf\" data-id=\"3b34cadf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7d67652f elementor-widget elementor-widget-text-editor\" data-id=\"7d67652f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>DreamFolks Services Limited is India&#8217;s largest airport service aggregator platform facilitating an enhanced airport experience to passengers by leveraging a technology driven platform<\/p><p>The company provides a host of airport-related services such as lounge access, doorstep baggage transfer, food and beverage offerings, spa services, meet and assist, airport transfer services (pick up and drop), and transit hotels \/ nap room access. The company has access to 100% of the 54 lounges currently operational in India, and it enjoyed a market share of over 95% in this business.<\/p><p>The company started its lounge access services for consumers of Mastercard in 2013, and currently provides services to all the card networks operating in India, including Visa, Mastercard, Diners\/Discover and RuPay, and many of India&#8217;s prominent card issuers including ICICI Bank, Axis Bank , Kotak Mahindra Bank, HDFC Bank and SBI Cards.<\/p><p>As of March 31, 2022, DreamFolks had 50 clients, including the card networks and card issuers. Overall, 97.9 lakh customers had used its services since Fiscal 2020.<\/p><p>The company has a global footprint with 1,416 touch-points in 121 countries, out of which, 244 touch-points are present in India and 1,172 touch-points in international market.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2df4b605 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2df4b605\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2765400d\" data-id=\"2765400d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2b409d61 elementor-widget elementor-widget-heading\" data-id=\"2b409d61\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Strengths<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7a335898 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7a335898\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2234efe0\" data-id=\"2234efe0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-614dd1ee elementor-widget elementor-widget-text-editor\" data-id=\"614dd1ee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Strong player in the airport lounge aggregation business with an estimated market share of over 95% in fiscal 2022 across India with respect to card based access to domestic lounges.<\/li><li>Well-established relationships with marquee clients including global card network providers, domestic and global banks as well as corporates.<\/li><li>Strong business model resulting in network flywheel effect.<\/li><li>Ability to capitalize on growing consumer base with no associated costs of direct customer acquisition.<\/li><li>Asset light and human resource light business model with a strong track record of delivering consistent growth.<\/li><li>Proprietary technology platform that ensures scalability.<\/li><li>Experienced promoters and management team with strong domain expertise.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5fd11c1e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5fd11c1e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1947b63f\" data-id=\"1947b63f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1186dbe3 elementor-widget elementor-widget-heading\" data-id=\"1186dbe3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Financials<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-136ec131 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"136ec131\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f36ef3d\" data-id=\"f36ef3d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7a462644 elementor-widget elementor-widget-text-editor\" data-id=\"7a462644\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong>For the year ended<\/strong><\/p><\/td><td><p><strong>31-Mar-20<\/strong><\/p><\/td><td><p><strong>31-Mar-21<\/strong><\/p><\/td><td><p><strong>31-Mar-22<\/strong><\/p><\/td><\/tr><tr><td><p><strong>Total assets<\/strong><\/p><\/td><td><p>137.76<\/p><\/td><td><p>122.5<\/p><\/td><td><p>168.68<\/p><\/td><\/tr><tr><td><p><strong>Total revenue<\/strong><\/p><\/td><td><p>367.81<\/p><\/td><td><p>108.11<\/p><\/td><td><p>283.99<\/p><\/td><\/tr><tr><td><p><strong>Profit after tax<\/strong><\/p><\/td><td><p>31.68<\/p><\/td><td><p>-1.45<\/p><\/td><td><p>16.25<\/p><\/td><\/tr><tr><td><p><strong>Net worth<\/strong><\/p><\/td><td><p>65.51<\/p><\/td><td><p>64.3<\/p><\/td><td><p>82.16<\/p><\/td><\/tr><\/tbody><\/table><p><em>* All numbers are in INR crore<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-73232e81 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"73232e81\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3b867732\" data-id=\"3b867732\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4d1af9e0 elementor-widget elementor-widget-heading\" data-id=\"4d1af9e0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Purpose of the IPO <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f890231 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f890231\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-33efbb5\" data-id=\"33efbb5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f82c606 elementor-widget elementor-widget-text-editor\" data-id=\"f82c606\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>The purpose of the offer is to carry out the Offer for Sale of up to 17,242,368 equity shares by the selling shareholders<\/li><li>The company also expects the stock exchange listing to enhance their visibility, brand image, provide liquidity to existing shareholders and also offer a public market for the company\u2019s equity shares.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-171d831b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"171d831b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5a5ed096\" data-id=\"5a5ed096\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-59069f4f elementor-widget elementor-widget-heading\" data-id=\"59069f4f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Promoters<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3aaa99f6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3aaa99f6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-60b4ec76\" data-id=\"60b4ec76\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7abc32e2 elementor-widget elementor-widget-text-editor\" data-id=\"7abc32e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Liberatha Peter Kallat, Mukesh Yadav and Dinesh Nagpal are the promoters of the company.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3ee98f83 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3ee98f83\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6a711385\" data-id=\"6a711385\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2129c011 elementor-widget elementor-widget-heading\" data-id=\"2129c011\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>IPO Details<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-13c278cd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"13c278cd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-77f9a4f7\" data-id=\"77f9a4f7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2b2cf99f elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"2b2cf99f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table>\n<tbody>\n<tr>\n<td>\n<p><strong>Subscription start date<\/strong><\/p>\n<\/td>\n<td>\n<p>Aug 24, 2022<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><strong>Subscription end date<\/strong><\/p>\n<\/td>\n<td>\n<p>Aug 26, 2022<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><strong>Face value<\/strong><\/p>\n<\/td>\n<td>\n<p>Rs 2 per equity share<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><strong>Issue price&nbsp;(Price band)<\/strong><\/p>\n<\/td>\n<td>\n<p>Rs 308 to Rs 326 per share<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><strong>Lot size<\/strong><\/p>\n<\/td>\n<td>\n<p>46 Shares<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><strong>Issue size<\/strong><\/p>\n<\/td>\n<td>\n<p>Rs 562.10 crore (Upper band)<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><strong>Offer for sale<\/strong><\/p>\n<\/td>\n<td>\n<p>17,242,368 equity shares<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><strong>Issue type<\/strong><\/p>\n<\/td>\n<td>\n<p>Book built issue<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><strong>Listing<\/strong><\/p>\n<\/td>\n<td>\n<p>BSE, NSE<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3a1a9a04 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3a1a9a04\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-72c59ed\" data-id=\"72c59ed\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-18bd79c3 elementor-widget elementor-widget-heading\" data-id=\"18bd79c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Lot Size <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1eca614 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1eca614\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bd2efa6\" data-id=\"bd2efa6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4255c5c elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"4255c5c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p>Application<\/p><\/td><td><p>Lots<\/p><\/td><td><p>Shares<\/p><\/td><td><p>Amount<\/p><\/td><\/tr><tr><td><p>Minimum<\/p><\/td><td><p>1<\/p><\/td><td><p>46<\/p><\/td><td><p>Rs 14,996<\/p><\/td><\/tr><tr><td><p>Maximum<\/p><\/td><td><p>13<\/p><\/td><td><p>598<\/p><\/td><td><p>Rs 194,948<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-084b023 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"084b023\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c89829e\" data-id=\"c89829e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-958252a elementor-widget elementor-widget-heading\" data-id=\"958252a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Allotment Details<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0235c53 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0235c53\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-54c0d7a\" data-id=\"54c0d7a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-49ad323 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"49ad323\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong>Basis of allotment<\/strong><\/p><\/td><td><p>Sep 1, 2022<\/p><\/td><\/tr><tr><td><p><strong>Initiation of refunds<\/strong><\/p><\/td><td><p>Sep 2, 2022<\/p><\/td><\/tr><tr><td><p><strong>Credit of shares to demat<\/strong><\/p><\/td><td><p>Sep 5, 2022<\/p><\/td><\/tr><tr><td><p><strong>IPO listing date<\/strong><\/p><\/td><td><p>Sep 6, 2022<\/p><\/td><\/tr><\/tbody><\/table><p>To check your allotment, <a href=\"https:\/\/linkintime.co.in\/IPO\/public-issues.html\"><span style=\"text-decoration: underline;\"><strong>click here<\/strong><\/span><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-73bec8b9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"73bec8b9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2dee5e19\" data-id=\"2dee5e19\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-581d8afb elementor-align-center elementor-widget elementor-widget-button\" data-id=\"581d8afb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/ekyc.flattrade.in\/openaccount\/?utm_source=Blog&#038;utm_medium=organic&#038;utm_campaign=Demat+Account\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Open a Free Demat Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"DreamFolks Services Limited, an airport service aggregator platform, plans to raise capital through initial public offering (IPO). The&hellip;","protected":false},"author":5,"featured_media":19529,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[46,43,78,26,77,24,23,55],"class_list":{"0":"post-19408","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-market-news","9":"tag-market-update","10":"tag-nifty","11":"tag-nse","12":"tag-sensex","13":"tag-share-market","14":"tag-stock-market","15":"tag-upcoming-ipo","16":"cs-entry","17":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DreamFolks Services IPO - 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