Ticker > IPO > New Listed IPO > Dreamfolks Services Ltd.

Dreamfolks Services Ltd. IPO

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.

RHP
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DRHP
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Open Date

2022-08-24

Close Date

2022-08-26

IPO Details

Check out the issue details for Dreamfolks Services Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 326

Price Band

₹ 308 - 326

Issue Size

562.1 Cr.

Issue Type

Book Built

Open

2022-08-24

Close

2022-08-26

Listingprice

₹ 508.7

ListingGain

56.04%

Listing Date

2022-09-06

CMP

₹ 552.7

Current Return

69.54%

News

Dreamfolks Services informs about press release18 Apr, 10:23AM Dreamfolks Services informs about press release18 Apr, 10:23AM DreamFolks Services enters into strategic partnership with RedBeryl18 Apr, 9:23AM Dreamfolks Services informs about closure of trading window 28 Mar, 12:42PM Dreamfolks Services informs about press release26 Mar, 9:38AM DreamFolks Services empowers Digital Future for Government School Students via Project Akshar26 Mar, 9:12AM Dreamfolks Services informs about press release12 Mar, 9:50AM DreamFolks Services inks pact with Healthians to offer comprehensive health check-up services12 Mar, 9:18AM Dreamfolks Services informs about analyst meet 5 Mar, 12:09PM Dreamfolks Services informs about press release26 Feb, 11:38AM DreamFolks Services partners with Looks Salon26 Feb, 11:30AM Dreamfolks Services informs about disclosure 24 Feb, 9:58AM DreamFolks Services expands partnership with Eco Mobility23 Feb, 11:28AM Dreamfolks Services - Quaterly Results7 Feb, 1:50PM Dreamfolks Services - Quaterly Results7 Feb, 1:50PM Dreamfolks Services - Quaterly Results7 Feb, 1:50PM Dreamfolks Services informs about conference call 1 Feb, 5:23PM Dreamfolks Services informs about newspaper publication20 Dec, 12:55PM Dreamfolks Services informs about notice of postal ballot19 Dec, 2:26PM Dreamfolks Services informs about press release18 Dec, 2:00PM

Company Financials

You can get the following financial statements of Dreamfolks Services Ltd. as of now.

Exchange

NSE: DREAMFOLKS BSE: 543591

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Subscription Details

The details about the Dreamfolks Services IPO is as:

  • The issue size of the IPO is 562.10 Cr.
  • The price band for Dreamfolks Services IPO is Rs 308 to Rs 326.
  • The shares of Dreamfolks Services IPO will list on 6th Sept 2022.
  • The latest tentative GMP of Dreamfolks Services IPO is Rs 105.

Dreamfolks Services Ltd IPO Valuation

The approx valuation of Dreamfolks Services IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 326
Existing Shares (Qty) 5.22 Cr
Market Cap 1701.72 Cr
EPS Rs 3.11
PE Ratio 104.8x

 

Dreamfolks Services Ltd IPO Issue Size

Dreamfolks Services IPO issue size is 562.10 Cr.

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 562.10 Cr

 

Dreamfolks Services Ltd IPO Market Lot

An Individual can apply for a minimum 1 lot of 46 shares and a maximum of 13 lots of 598 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 46 Rs 14,996
 Maximum 13 598 Rs 1,94,948

 

Dreamfolks Services Ltd IPO Offer

The category-wise shares offered are as follows:

Category % Offered % Subscribed
Qualified Institutional Minimum 75% 70.53 Times
Non-Institutional Maximum 15% 37.66 Times
Retail Individual Maximum 10% 43.66 Times
Total   56.68 Times

 

Dreamfolks Services Ltd IPO Grey Market Premium

As on GMP (Tentative)
5 September 2022 Rs 105

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for Dreamfolks Services Ltd IPO:

Schedule Date
Basis of Allotment 1 Sept 2022
Refunds 2 Sept 2022
Credit to Demat Account 5 Sept 2022
IPO Listing Date 6 Sept 2022

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 248.28 367.04 105.63 282.5 773.24
Total Expenditure 224.86 321.96 106.01 259.92 674.29
Operating Profit 23.42 45.09 -0.38 22.58 98.95
Other Income 0.21 0.76 2.47 1.49 3.29
Interest 0.4 0.71 0.75 1.47 1.29
Depreciation 1.36 1.59 1.55 2.13 3.5
Exceptional Items 0 0 0 0 0
Profit Before Tax 21.87 43.56 -0.2 20.47 97.46
Provision for Tax 6.6 11.87 1.25 4.22 24.91
Net Profit 15.27 31.68 -1.45 16.25 72.55
Adjusted EPS (Rs.) 0.29 0.61 -0.03 0.31 1.39

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 4.75 4.75 4.75 10.45 10.45
Total Reserves 29.43 60.77 59.56 71.72 146.27
Borrowings 0.96 2.01 1.29 1.02 0.88
Other N/C liabilities -2.47 0.12 7.39 6.89 6.13
Current liabilities 61.57 78.33 48.74 82.15 181.96
Total Liabilities 94.24 145.98 121.73 172.22 345.69
Assets
Net Block 3.56 5.41 11.46 13.94 11.42
Capital WIP 0 0.64 0.04 0 0.04
Intangible WIP 0 0 0 0 0
Investments 0.01 0.01 27.11 0.01 1.51
Loans & Advances 4.27 8.08 17.09 20.07 0.34
Other N/C Assets 4.41 5.07 4.04 5.45 5.49
Current Assets 82.01 126.77 61.99 132.76 326.89
Total Assets 94.24 145.98 121.73 172.22 345.69
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 0.65 1.38 1.07 0.52 0.68
Profit Before Tax 25.54 34.03 17.78 24.28 27.15
Tax 6.57 8.71 4.69 6.14 6.85
Profit After Tax 18.98 25.32 13.09 18.14 20.3
Adjusted EPS (Rs) 3.63 4.85 2.47 3.42 3.83

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 66.02 0
Dec 2023 66.02 0
Sep 2023 66.02 0
Jun 2023 66.02 0
Mar 2023 67 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 21.87 43.56 -0.2 20.47 97.46
Adjustment 1.69 1.25 0.13 4.03 4.69
Changes in Assets & Liabilities 3.91 -6.42 4.51 -28.58 -33.55
Tax Paid -9.9 -15.96 1.81 -7.64 -18.78
Operating Cash Flow 17.56 22.44 6.26 -11.72 49.81
Investing Cash Flow -7.14 0.26 -26.85 5.87 -30.2
Financing Cash Flow -5.48 0.7 -1.54 -3.06 -2.06
Net Cash Flow 4.94 23.4 -22.13 -8.91 17.55
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