IPO - Initial Public Offers - Dreamfolks Services Limted IPO Details in IPO's & MF's - Dreamfolks Services is India's largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology-driven platform. ...
Dreamfolks Services is India's largest airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology-driven platform. The company facilitates access to a range of airport-related services including lounges, food and beverage, spa, meet and assist, airport transfer, transit hotels /nap room access, and baggage transfer services. The first mover advantage along with its business model is one of the key reasons for its dominance in the industry.
Objects of the Issue
• Prepayment / repayment of all or a portion of the outstanding borrowings of the company to be availed on consolidated basis.
• To meet common corporate objectives.
Financial Details:
Dreamfolks Services IPO Details
IPO Timeline (Tentative Timetable)
IPO Lot Size
The Dreamfolks Services IPO lot size is 46 shares. A retail-individual investor can apply for up to 13 lots (598 shares or ₹194,948).
Promoter Holding
• Pre Issue Share Holding - 100%
• Post Issue Share Holding - 67%
How to apply for IPO?
1. ASBA - All you have to do is, know if your demat is with NSDL or CDSL. Make a note of your Demat ID/DP ID/BO ID - 16 digit number from your broker terminal. Once you have these 2 information, go ahead and apply from your internet banking. One advantage in this process is that, once you submit the application, process ends there and amount gets blocked. While in UPI, you need to get mandate from your bank and need to authorize on time. Many parties are involved in UPI process (Bank, broker, 3rd party UPI app provider etc) and there are chances of delayed UPI mandates. This is a recent process and will take time to settle. Till then, it is better to apply from net banking, but ensure you enter correct 16 digit DP ID.
2. UPI - Visit your broker terminal, select the IPO, enter UPI ID and other bid details to submit the application. Wait for mandate to arrive on UPI app. Approve the mandate to block the amount.
Refer to this video to apply for IPO using UPI at Zerodha.