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DreamFolks IPO GMP Today: Dreamfolks Services Limited IPO Grey Market Premium Today

DreamFolks IPO GMP Today: Dreamfolks Services Limited IPO Grey Market Premium Today

Dreamfolks Services Limited IPO GMP is ₹75 as of today.

What is Dreamfolks Services IPO GMP Today?

Dreamfolks Services Limited IPO GMP is ₹75 as of today.

What is Dreamfolks Services Limited IPO Subject to Sauda Today?

Dreamfolks Services Limited IPO Subject to Sauda is ₹3000 as of today.

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IPO Timeline, IPO Open Date, Listing Date, Refund Date

IPO Open Date24 August 2022
IPO Close Date26 August 2022
Time10 AM to 5 PM
Basis of Allotment Date1 September 2022
Initiation of Refunds2 September 2022
Credit of Shares to Demat Account5 September 2022
IPO Listing Date (Trading
commence) NSE & BSE
6 September 2022
IPO Timeline, IPO Open Date, Listing Date, Refund Date

IPO Details:

Issue Amount : Upto Rs 562 Cr.
Post Issue Implied Market Cap: ₹# crore
Total shares on offer : Upto #17,242,368 Equity Shares

Face Value : ₹2 per share
Price Band : ₹308 to ₹326
Lot Size : 46 shares
IPO Registrar : Link Intime India Pvt. Ltd.

Offer Breakup

CategoryAllocation
Qualify Institutional Bidders (QIB)75%
Non Institutional Byers (NIB)15%
Retail Individual Investor (RII)10%
Employee
Total100%
Offer Breakup
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Company All Details

The Company was originally incorporated as ‘Believe Tradelink Private Limited’, at New Delhi as a private limited company under the Companies Act, 1956 and received a certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana at Delhi (RoC) on April 24, 2008. Subsequently, pursuant to a special resolution passed by the Shareholders of our Company on May 1, 2015, our Company’s name was changed to ‘Dreamfolks Services Private Limited’, and a fresh certificate of incorporation dated June 12,2015, was issued to our Company by the RoC. Thereafter,

The Company was converted into a public limited company pursuant to a special resolution passed in the extraordinary general meeting of The Shareholders held on October 20, 2021 and the name of the Company was changed to its present name pursuant to a fresh certificate of incorporation issued by the RoC on November 23, 2021. For details of changes in the name and registered office of the Company, see “ History and Certain Corporate Matters” on page 154