DreamFolks Services IPO

DreamFolks Services Ltd.

₹14,168 /46 sharesMinimum Investment

DreamFolks Services IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
24 Aug ‘22 - 26 Aug ‘22₹14,16846₹308 - ₹326
Issue SizeIPO Doc
562.00Cr
RHP PDF

Subscription Status As on 26 Aug '22, 5:00 PM

  • Retail Individual Investor
    43.66x
  • Non-Institutional Investor
    37.66x
  • Qualified Institutional Buyers
    70.53x
  • Total
    56.68x

About DreamFolks Services

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. ;
Parent Organisation
DreamFolks Services Ltd.
Founded
2008
Managing Director
Liberatha Peter Kallat

Strengths & Risks

  • A dominant player in the airport lounge aggregation industry in India with strong tailwinds.
  • Entrenched relationships with marquee clients including global card network providers in India and prominent Indian and global banks and corporates.
  • Strong business moat due to flywheel effect led by clients and pperator networks.
  • Ability to capitalize on growing consumer base with no associated costs of direct consumer acquisition.
  • Asset and human resource light business model with a strong track record of delivering consistent growth.
  • A proprietary technology platform that ensures scalability.
  • Experienced promoters and management team with strong domain expertise.
  • Significant dependence on its long-term relationship with card networks and card issuer financial institutions.
  • Significant dependence on its relationship with airport lounge operators.
  • Company’s operations are heavily dependent on the travel industry, in general, and on the air travel industry, in particular.
  • Reliance on a few clients for a significant part of its revenue.
  • Potential saturation of Indian markets and requirement of expansion in global markets.
  • Adverse order, monetary penalty, or proscription against card networks and card issuers.
  • The threat of airport lounge operators forward integrating and tying up directly with card networks and card issuers themselves.
  • Regulatory, legislative, or self-regulatory developments regarding privacy and data security matters.
  • Damage to, or any failure of, its information technology systems, or cyber-attacks or system security risks may affect its ability to access its data and information in a timely manner.
  • Any inability to protect its intellectual property including its proprietary technology, which is not registered as an intellectual property right, may be subject to theft, third-party infringement or sabotage.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular308 - 326₹2 Lakh
For DreamFolks Services IPO, eligible investors can apply as Regular.
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