The scrip got listed at Rs 505 on the BSE against the issue price of Rs 326. Likewise, it opened at Rs 508.70 on NSE. Earlier, the issue, which was open for ...
“Airports too have understood the benefits of the lounge business’ contribution to their revenues. Meanwhile, lounges also raise invoices to DreamFolks,” she said adding the company presently did not have any competitors in the country. Kallat asserted that with an increased credit card penetration happening in India, awareness regarding the benefits accruing from credit cards was also growing. When we started, the lounge penetration by cardholders was less than 1 per cent but today it has grown to 8 per cent,” she said. Many weren’t wholly aware of the model when the company first started interacting with potential investors. “Dreamfolks is the solution that we have built.
DreamFolks shares listed on the stock exchanges today at a premium to the IPO price amid the tepid market momentum.
Shares of the company began trading on the NSE at Rs 508 per share, up 56% from the IPO price of Rs 308-326 apiece per share and on the BSE the stock debuted at Rs 505 apiece, rising 55 per cent. DreamFolks has planned to replicate its deep knowledge of the industry, technology innovation, process expertise and business model across new high growth markets/sectors. Investors who got the allotment should hold on to the stock for further gains,” Rajesh Singla, CEO and Founder of Planify Capital. Rajesh Singla, CEO and Founder of Planify Capital told FinancialExpress.com said DreamFolk services is India’s largest Airport services aggregator platform, leveraging a technology driven platform. At the time of listing, the company had a market capitalisation of Rs 2,638.63 crore. DreamFolks shares listed on the stock exchanges today at a premium to the IPO price amid the tepid market momentum.
Shares of airport service aggregator platform Dreamfolks Services made a positive stock market debut on Tuesday with the stock listing at ₹508 apiece on ...
IPO: DreamFolks Services IPO Listing on BSE: the country's largest airport service aggregator platform, will debut on Dalal Street on Tuesday, ...
However, on account of the pandemic scare, it suffered a setback in its earnings at the PAT level for FY21 and due to this it is offering only 10% for retail investors. Investors can buy this from a mid to long-term perspective looking at the total subscription the issue might get some listing gains where investors can book for short-term gains. They advised applicants to rely on the balance sheet of the company as it gives a concrete fundamental picture of the public issue. The issue had received a phenomenal response from investors and the subscription levels stood at 56.68 times. Currently, [DreamFolks IPO](https://www.news18.com/news/business/markets/dreamfolks-services-ipo-listing-tomorrow-gmp-what-experts-say-about-listing-gains-5892871.html) grey market premium (GMP) is around Rs 105. [IPO](https://www.news18.com/topics/ipo/) Listing Today: Shares of [Dreamfolks](https://www.news18.com/news/business/markets/dreamfolks-services-ipo-share-allotment-today-how-to-check-via-bse-registrars-website-5868385.html) Services, the country’s largest airport service aggregator platform, will debut on Dalal Street on Tuesday.
Shares of DreamFolks Services listed at Rs 508.70, a 56 per cent premium when compared with the issue price of Rs 326 per share on the National Stock ...
More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. The Indian aviation industry is at the cusp of exponential growth in the next two decades due to its demographic advantages, the potential growth in middle-class income, rising business travel, reduced cost of air travel and increased travel in Tier-2 and Tier-3 destinations. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. The company will be one of the biggest beneficiaries of the rising air travel in India and due to its first mover advantage and dominant position in the lounge access market, the company is poised to grow exponentially in the future, said Santosh Meena, Head of Research, Swastika Investmart. The need for high speed mobility across the subcontinent facilitates the growth of the aviation sector in India. Given the monopolistic nature of business and further growth potential in the air travel and credit card segment, analysts ICICI Securities had recommended SUBSCRIBE to this issue for listing gains.
Dreamfolks Services Shares: The scrip of airport service aggregator platform Dreamfolks Services got listed at Rs 508.70 apiece on the NSE, ...
The company will be one of the biggest beneficiaries of the rising air travel in India and due to its first mover advantage and dominant position in the lounge access market, the company is poised to grow exponentially in the future. The Indian aviation industry is at the cusp of exponential growth in the next two decades due to its demographic advantages, the potential growth in middle-class income, rising business travel, reduced cost of air travel and increased travel in Tier-2 and Tier-3 destinations. [Dreamfolks Services](https://indianexpress.com/article/business/market/dreamfolks-services-ipo-all-you-need-to-know-8107311/) stock lost its steam and dipped from its listing level. The market capitalisation stood at Rs 2,489.97 crore, data from the BSE showed. The issue was richly priced at a P/E of 104.82 based on annualized FY22 numbers and the promoters have diluted 33 per cent of their stake in the OFS. Dreamfolks Services is India’s largest airport service aggregator platform facilitating enhanced airport experience to passengers through a technology-driven platform.
DreamFolks shares list at 55% premium: Should you hold or book profit? DreamFolks Services Share Listing: Dreamfolks Services is a dominant player and India's ...
The issue was richly priced at a P/E of 104.82 based on annualised FY22 numbers and the promoters have diluted 33 per cent of their stake in the offer for sale. "The company will be one of the biggest beneficiaries of the rising air travel in India and due to its first mover advantage and dominant position in the lounge access market, the company is poised to grow exponentially in the future. DreamFolks facilitates the customers of its clients to access the airport-related services such as lounge, food & beverages, spa, pick up and drop service amongst others. "The company’s superb listing can be attributed to positive market sentiments, bright future prospects, and a phenomenal response from investors. Earlier, it got listed at Rs 505 on the BSE and at Rs 508.70 on the National Stock Exchange. [DreamFolks](https://www.businesstoday.in/latest/corporate/story/as-dreamfolks-shares-list-at-55-premium-its-founder-sees-a-robust-moat-346464-2022-09-06) witnessed some profit booking after listing at around 55 per cent premium on Tuesday on the domestic stock exchange.
Shares of Dreamfolks Services fell around 11% in BSE intraday trade on Tuesday after a strong debut on exchanges—NSE and BSE. Get more Markets News and ...
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Dreamfolks Share Price: లిస్టింగ్ రోజే 56 శాతం పెరుగుదలతో షేర్ మార్కెట్ను కుదిపిన కంపెనీ · Dreamfolks ...
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