DreamFolks Services IPO listing tomorrow

DreamFolks is the largest airport service aggregator platform in the country and it will debut on Dalal Street. It will be listed on both the National Stock Exchange, which is the national stock exchange, and the Bombay Stock Exchange at 10 am tomorrow. Let us tell you that the company launched about Rs562 crore initial capital and offering IPO from August 24 and offered an IPO on August 26 and got numerous investor categories. The DreamFolks IPO was subscribed to 56.68 times. The current IPO grey market premium is about Rs 105. 

If we talk about the quota for retail investors, then it was subscribed to 45.66 times, and the category for non-institutional investors by 37.66 times. The IPO was fully subscribed within a few hours of opening on Wednesday. 

The price band of the DreamFolks is Rs308-326 a share. Its lot size was 46 shares. A person would have to spend Rs 14,996. DreamFolks shares will be available at a premium of Rs 110 in the market tomorrow. The GMP has nothing to do with the company’s balance sheet, so many people would not rely on it. 

FAQ

  1. Which is the largest airport service aggregator platform in the country? 

Ans. DreamFolks

  1. When will the listed date of the DreamFolks be? 

Ans. 6th September

  1. What is the lot size of the DreamFolks? 

Ans. 46.

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