DreamFolks Services IPO
Travel/Lounge Services - Listed on 06 September 2022
DreamFolks Services IPO listing summary
DreamFolks Services (Travel/Lounge Services) closed its IPO window in 2022 and listed on NSE and BSE on 06 September 2022 at an upper band issue price of Rs 326, opening at Rs 462.4 for a listing gain of +41.8% and closing day one at Rs 462.85 (+42.0% on closing basis). The IPO was subscribed 53.78x overall - QIB 69.51x, HNI/NII 113.02x, Retail 19.39x. The total issue size was Rs 220 Cr (Fresh Issue Rs 220 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
DreamFolks Services IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 60 | +18.40% |
| Day 2 | Rs 65 | +19.94% |
| Day 3 | Rs 70 | +21.47% |
| Day 4 | Rs 75 | +23.01% |
| Day 5 | Rs 75 | +23.01% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the DreamFolks Services IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
DreamFolks Services IPO - FAQs
What was the listing gain of DreamFolks Services IPO?
DreamFolks Services IPO listed at +41.8% versus the upper issue price of Rs 326 on 06 September 2022.
How many times was DreamFolks Services IPO subscribed?
DreamFolks Services IPO was subscribed 53.78x overall. QIB portion was subscribed 69.51x, HNI / NII 113.02x and Retail 19.39x.
What was the IPO GMP for DreamFolks Services?
IPO GMP started at Rs 60 on Day 1 and moved to Rs 75 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.