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

Dreamfolks Services Ltd. 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

₹ 419.35

Current Return

28.63%

Company Financials

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

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.

 

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 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 367.04 105.63 282.5 773.24 1134.95
Total Expenditure 321.96 106.01 259.92 674.29 1039.67
Operating Profit 45.09 -0.38 22.58 98.95 95.28
Other Income 0.76 2.47 1.49 3.29 3.32
Interest 0.71 0.75 1.47 1.29 1.16
Depreciation 1.59 1.55 2.13 3.5 3.7
Exceptional Items 0 0 0 0 0
Profit Before Tax 43.56 -0.2 20.47 97.46 93.74
Provision for Tax 11.87 1.25 4.22 24.91 24.05
Net Profit 31.68 -1.45 16.25 72.55 69.68
Adjusted EPS (Rs.) 0.61 -0.03 0.31 1.39 1.31

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 4.75 4.75 10.45 10.45 10.61
Total Reserves 60.77 59.56 71.72 146.27 226.48
Borrowings 2.01 1.29 1.02 0.88 0.21
Other N/C liabilities 0.12 7.39 6.89 6.13 4.73
Current liabilities 78.33 48.74 82.15 181.96 198.17
Total Liabilities 145.98 121.73 172.22 345.69 440.2
Assets
Net Block 5.41 11.46 13.94 11.42 9.05
Capital WIP 0.64 0.04 0 0.04 0
Intangible WIP 0 0 0 0 0.3
Investments 0.01 27.11 0.01 1.51 1.5
Loans & Advances 8.08 17.09 20.07 0.34 0.38
Other N/C Assets 5.07 4.04 5.45 5.49 6.08
Current Assets 126.77 61.99 132.76 326.89 422.89
Total Assets 145.98 121.73 172.22 345.69 440.2
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 0.52 0.68 1.06 1.82 0.87
Profit Before Tax 24.28 27.15 24.53 24.78 23.21
Tax 6.14 6.85 6.38 6.33 6.12
Profit After Tax 18.14 20.3 18.15 18.45 17.1
Adjusted EPS (Rs) 3.42 3.83 3.42 3.48 3.22

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 65.96 0
Jun 2024 66.02 0
Mar 2024 66.02 0
Dec 2023 66.02 0
Sep 2023 66.02 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 43.56 -0.2 20.47 97.46 93.74
Adjustment 1.25 0.13 4.03 4.69 7.86
Changes in Assets & Liabilities -6.42 4.51 -28.58 -33.55 -46.24
Tax Paid -15.96 1.81 -7.64 -18.78 -33.77
Operating Cash Flow 22.44 6.26 -11.72 49.81 21.59
Investing Cash Flow 0.26 -26.85 5.87 -30.2 -14.92
Financing Cash Flow 0.7 -1.54 -3.06 -2.06 2.47
Net Cash Flow 23.4 -22.13 -8.91 17.55 9.14
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